SOFT CORPORATE OFFER

SOFT CORPORATE OFFER

We SYO Group, with Full Corporate Authority and Responsibility certifies, warrants and makes irrevocable firm commitment that it can fulfill the requirements of this Soft Corporate Offer and has agreed to sell and provide the commodities as follow,

COMMODITY: RUSSIAN D2 GAS L 0.2/26 GOST 305-82
Quantity: 50,000–100,000MT x 12months CIF ASWP, gross $710/net$690 per MT
100,000–500,000MT x 12months CIF ASWP gross $700/net $680 per MT
500,000 – 5,000,000MT x 12months CIF ASWP gross $690/net $670 per MT
Commission: $20/MT, FOB Price ($10/MT lower than CIF Price)
COMMODITY: RUSSIAN MAZUT 100 GOST 10585-75/99
Quantity: 50,000–500,000MT x 12months CIF ASWP gross $430/net$410 per MT
500,000-5,000,000MT x 12months CIF ASWP gross $420/net $400 per MT
5,000,000-15,000,000MT x 12months CIF ASWP gross $410/net $390
Commission: $20/MT, FOB Price ($10/MT lower than CIF Price)
COMMODITY: AVIATION KEROSENE COLONIAL GRADE JP54 & A1
Quantity: 100,000–500,000BBL x 12months CIF ASWP, gross $81/net $76 per BBL
500,000-5,000,000BBL x 12months CIF ASWP gross $79/net$74 per BBL
5,000,000-20,000,000BBL x 12months CIF ASWP gross $77/net $72 per BBL
Commission: $5/BBL, FOB Price ($2/BBL lower than CIF Price)
COMMODITY: RUSSIAN FUEL OIL CST-180
Quantity: 50,000 – 500,000MT x 12months CIF ASWP Gross $340/Net$320 per MT
Commission: $20/MT, FOB Price ($10/MT lower than CIF Price)
COMMODITY: RUSSIAN HSD2 GAS OIL L-0.2-62 GOST305-82 AGO(AUTO)
Quantity: 50,000 – 500,000MT x 12months CIF ASWP Gross $500/Net$480 per MT
Commission: $20/MT, FOB Price ($10/MT lower than CIF Price)
COMMODITY: ULTRA LOW SULFUR DIESEL EN590
Quantity: 50,000 – 500,000MT x 12months CIF ASWP Gross $500/Net$480 per MT
Commission: $20/MT, FOB Price ($10/MT lower than CIF Price)
COMMODITY: LIQUIDIFIED PETROLEUM GAS(LPG)
Quantity: 50,000 – 500,000MT x 12months CIF ASWP Gross $510/Net$490 per MT
Commission: $20/MT, FOB Price ($10/MT lower than CIF Price)
COMMODITY: RUSSIAN UREA N46 (Prilled or Granular)
Quantity: min 50,000 – 100,000MT x 12months CIF ASWP Gross $350/Net$330 per MT
Commission: $20/MT FOB Price ($20/MT lower than CIF Price)
COMMODITY: RUSSIAN BITUMEN 40/50, 60/70 AND 80/100
Quantity: min 250,000 – 500,000MT x 12months CIF ASWP Gross $340/Net$320 per MT
Commission: $20/MT, FOB Price ($20/MT lower than CIF Price)
COMMODITY: STEAM COAL
Quantity & Price(CIF ASWP)
100,000-200,000MT x 12months & Gross $110/Net $100
150,000-500,000MT x 12months & Gross $100/Net $90
600,000-1,000,000MT x 12months & Gross $90/Net$80
Commission: $10/MT

ORIGIN: Russia
PAYMENT: Trans or non-trans DLC(RDLC)/SBLC/BG/MT103-23
(or as agreed between)
POF(Buyer’s Option): MT799, or Indemnity Deposit(both party)
Price: negotiable
LOADING PORT: Novorossiysk or Vladivostok port
CONTRACT: 12 Month Contract with rolls and extension
P.BOND: Seller issues 2%
INSPECTION: Quality and Quantity by SGS or Equivalent.
COMMISSION: Negotiable (depend on Buyer intermediary number)
MARK-UP: possible if Buyer pay

Full POP documents
1. Copy license to export, issued by the department of the ministry of energy.
2. Copy of approval to export, issued by department of the ministry of justice.
3. Copy of availability of product
4. Copy of the refinery commitment to produce the product.
5. Copy of Transneft contract to transport the product to port of loading
6. Copy of the port storage agreement.
7. Copy of charter party agreements to transport the product to discharge Port.
8. Bill Of Lading
9. Copy of tank receipt.
10. Registered contract and allocation passport certificate issued by ministry of energ

TERM AND PROCEDURE

1. Buyer issues ICPO with right to soft probe.
2. Seller issues Full Corporate Offer.
3. Buyer endorses FCO and sends back with acceptance letter with term and procedures of end Seller Company.
4. Both parties sign and seal the present Contract and exchange the copies electronically. The electronically exchanged copies will be legally binding until the hard copies are exchanged.
5. upon acceptance of draft contract by both parties, Buyer and Seller sign NCND/IMFPA
6. The Buyer’s Bank / Buyer shall not later than 48 – 72 HOURS swift MT799 to seller bank as POF, (or both parties make an indemnity deposit of 120,000 Euros to a well known public notary in Russia federation as a collateral in which that any parties who is at default shall forfeit her part to the other party as a compensation).
7. Upon seller/Public Notary receiving and successful verification of MT799 or indemnity deposit, Seller summit contract to Ministry Of Energy for registration and Final Approval
8. Seller will provide Proof of Product in no later than 48 – 72 HOURS Via swift Bank to Bank
9. Buyer’s bank issue to seller’s bank an Irrevocable, Confirmable, Unconditional Standby Letter of Credit/DLC(RDLC) / BG/MT103/23 Telegraphic Transfer
10. Seller’s bank issues 2%PB to Buyer’s bank via swift within 24-48hours after receiving buyers Payment instrument.
11. The SGS inspection will be borne by Seller.

NOTE: Buyer can sign on “ICC Warning Letter” and require Seller to sign on it if Buyer worry Seller’s Non-performance, and Buyer is obliged to sign on Acceptance Letter of the Procedure if Seller require

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