Dear Ahmed,

We acknowledge the receipt of email, we are capable of delivering the

said products /quantities to any save world port.

Attached is with our official FCO for all available products and
quantities and prices for your company's review and perfect
understanding. If our terms and procedures are acceptable, let us have
buyer's ICPO to enable quick closure of the transaction.

Also, our company have 100,000MT of EN590 onboard vessel if your buyer's
company is interested in taking over the vessel, we can redirect the
vessel to buyer's destination port

Best regards.

----------------- Belgibaev
Export Manager

Date of Issue: April 16th, 2024 REF NO:

K/47010/KZ2024 Expiry Date: April 30th, 2024

Recipient: CAPABLE/FINANCIAL BUYERS

ONLY Attn: BUYER/END-BUYER

Title: PRESIDENT/C.E.O

FULL СORPORATE OFFER

We, ---------------------- with full responsibility and authority under penalty of perjury, hereby confirm readiness,
willing and ability to sell to Supply the under listed Products for Immediate Spot and Contract sales. The Supply Is
guaranteed to meet the Specifications and pass through the stringent requirements of SGS. Financial Statement
from the Buyer's bank clarifying buyer's financial capability will be required to consider buyer's negotiations.
Only direct negotiations from End buyers will be considered.

TRANSACTION TERMS:
COUNTRY OF ORIGIN: KAZAKHSTAN

DELIVERY: - FOB (FREE ON BOARD) & CIF (COST OF INSURANCE AND FREIGHT),
INSPECTION: SGS, CIQ, QUALITY & QUANTITY TEST REPORT AND SIMILAR
PERFORMANCE BOND: 2% PB IN FAVOR OF BUYER

INSURANCE: 110% BY SELLER

PROOF OF PRODUCT: PROVIDED AS PER DOCUMENTS LISTED IN THE

CONTRACT PAYMENT: SBLC MT760/MT103/TT WIRE TRANSFER

CONTRACT DURATION: 12 MONTHS WITH ROLL AND EXTENSION

QUALITY: EXPORT QUALITY
LOADING PORT: RUSSIA, ROTTERDAM, SINGAPORE, FUJAIRAH, MALAYSIA, HOUSTON, QINGDAO, NINGBO CHINA PORTS.
SPECIFICATION: ANNEXED WITHIN CONTRACT.

COMMISSION: SELLER SIDE 50% / BUYER SIDE 50%

COMMODITY: VIRGIN FUEL OIL (D6)

ORIGIN: KAZAKHSTAN

QUANTITY FIRAT TRIAL LIFT: 50.000.000 GALS

MONTHLY QUANTITY: 100.000.000 GALLONS PER WEEK X 52 WEEKS WITH R/E.

PRICE CIF ASWP: GROSS $ 0.98 USD / NET $ 0.96 USD PER GALLON

PRICE FOB: GROSS $ 0.96 / NET 0.94PER GALLON

COMMISSION: $ 0.1 SELLER SIDE / $ 0.1 BUYER SIDE PER GALLONS

COMMODITY: DIESEL OIL (EN590-10PPM)

ORIGIN: KAZAKHSTAN

MINIMUM QUANTITY: BUYER REQUEST NOT LESS THAN 50,000

PER MT MAXIMUM QUANTITY: 500,000 METRIC TONS MONTHLY
WITH R&E PRICE CIF ASWP: GROSS $ 520 USD / NET $ 510 USD
PER MT

PRICE FOB: GROSS $ 500 USD/NET $ 490 USD PER MT

COMMISSION: $ 5.00 SELLER SIDE / $ 5.00 BUYER SIDE
PER MT

COMMODITY: D2 GAS OIL GOST 305-82

ORIGIN: KAZAKHSTAN

MINIMUM QUANTITY: BUYER REQUEST NOT LESS THAN 50,000

PER MT MAXIMUM QUANTITY: 300,000 METRIC TONS MONTHLY
WITH R&E PRICE CIF ASWP: GROSS $ 340 USD / NET $ 330 USD
PER MT

PRICE FOB: GROSS $ 330 USD/NET $ 320 USD PER MT

COMMISSION: $ 5.00 SELLER SIDE / $ 5.00 BUYER SIDE
PER MT

COMMODITY: AVIATION FUEL JET A1

ORIGIN: KAZAKHSTAN

QUANTITY FIRAT TRIAL LIFT: 500.000 – 1,000,000 BBLS

MONTHLY QUANTITY: 5.000.000 BARRELS X 12 MONTHS WITH

R&E PRICE CIF ASWP: GROSS $ 88 USD / NET $ 84 USD PER BBL

PRICE FOB: GROSS PRICE $84 USD / NET $80 USD PER BBL
COMMISSION: $2.00 SELLER SIDE / $2.00 BUYER SIDE PER BBL

COMMODITY: EASTERN SIBERIA PACIFIC OCEAN (ESPO)

ORIGIN: KAZAKHSTAN

MINIMUM QUANTITY: BUYER REQUEST NOT LESS THAN 500,000 PER BBL
MAXIMUM QUANTITY: 5,000,000 BBL PER MONTHLY WITH R&E

PRICE CIF ASWP: GROSS $ 82 USD / NET $ 80 USD PER

BBL PRICE FOB: GROSS $ 80 USD / NET $ 78 USD PER BBL
COMMISSION: $ 1.00 SELLER SIDE / $ 1.00 BUYER SIDE
PER BBL

COMMODITY: GRADE JP54

ORIGIN: KAZAKHSTAN

QUANTITY FIRST TRIAL LIFT: 500.000 – 1,000,000

BBLS MONTHLY QUANTITY: 5.000.000 BARRELS X 12
MONTHS PRICE CIF ASWP: GROSS $ 88 USD / NET $
84 USD PER BBL PRICE FOB: GROSS PRICE $84 USD /
NET $80 USD PER BBL

COMMISSION: $2.00 SELLER SIDE / $2.00 BUYER SIDE PER BBL

COMMODITY: LIGHT CYCLE OIL (LCO)

ORIGIN: KAZAKHSTAN

MINIMUM QUANTITY: BUYER REQUEST NOT LESS THAN 50,000

PER MT MAXIMUM QUANTITY: 300,000 METRIC TONS MONTHLY
WITH R&E PRICE CIF ASWP: GROSS $ 330 USD / NET $ 320 USD
PER MT

PRICE FOB: GROSS $ 320 USD/NET $ 310 USD PER MT

COMMISSION: $ 5.00 SELLER SIDE / $ 5.00 BUYER SIDE
PER MT

COMMODITY: MAZUT 100M

ORIGIN: KAZAKHSTAN

MINIMUM QUANTITY: BUYER REQUEST NOT LESS THAN 50,000

PER MT MAXIMUM QUANTITY: 500,000 METRIC TONS MONTHLY
WITH R&E PRICE CIF ASWP: GROSS $ 350 USD / NET $ 340 USD
PER MT

PRICE FOB: GROSS $ 340 USD/NET $ 330 USD PER MT

COMMISSION: $ 5.00 SELLER SIDE / $ 5.00 BUYER SIDE
PER MT

COMMODITY: GASOLINE OCTANE RON

ORIGIN: KAZAKHSTAN

MINIMUM QUANTITY: BUYER REQUEST NOT LESS THAN 50,000

PER MT MAXIMUM QUANTITY: 500,000 PER MT MONTHLY

PRICE CIF ASWP: US$380.00 GROSS / US$370.00 NET PER

MT PRICE FOB: US$370.00 GROSS / US$360.00 NET PER
MT COMMISSION: $ 5.00 SELLER SIDE / $ 5.00 BUYER
SIDE PER MT

COMMODITY: AGO (AUTOMATIVE GAS OIL)

ORIGIN: KAZAKHSTAN

MINIMUM QUANTITY: BUYER REQUEST NOT LESS THAN 50,000

PER MT MAXIMUM QUANTITY: 400,000 METRIC TONS MONTHLY
WITH R&E PRICE CIF ASWP: US$390.00 GROSS / US$380.00 NET
PER MT
PRICE FOB: US$380.00 GROSS / US$370.00 NET PER MT
COMMISSION: $ 5.00 SELLER SIDE / $ 5.00 BUYER SIDE
PER MT

COMMODITY: LIQUEFIED NATURAL GAZ (LNG)

ORIGIN: KAZAKHSTAN

MINIMUM QUANTITY: BUYER REQUEST NOT LESS THAN 50,000

PER MT MAXIMUM QUANTITY: 500,000 METRIC TONS MONTHLY
WITH R&E PRICE CIF ASWP: US$420.00 GROSS / US$410.00 NET
PER MT

PRICE FOB: US$410.00 GROSS / US$400.00 NET PER MT

COMMISSION: $ 5.00 SELLER SIDE / $ 5.00 BUYER SIDE
PER MT

COMMODITY: UREA 46% FERTILIZER

ORIGIN: KAZAKHSTAN

MINIMUM QUANTITY: BUYER REQUEST NOT LESS THAN 50,000

PER MT MAXIMUM QUANTITY: 300,000 METRIC TONS MONTHLY
WITH R&E PRICE CIF ASWP: GROSS $ 450 USD / NET $ 440 USD
PER MT

PRICE FOB: GROSS $ 440 USD/NET $ 430 USD PER MT

COMMISSION: $ 5.00 SELLER SIDE / $ 5.00 BUYER SIDE
PER MT

COMMODITY: DAP FERTILIZER

ORIGIN: KAZAKHSTAN

MINIMUM QUANTITY: BUYER REQUEST NOT LESS THAN 50,000

PER MT MAXIMUM QUANTITY: 300,000 METRIC TONS MONTHLY
WITH R&E PRICE CIF ASWP: GROSS $ 380 USD / NET $ 370 USD
PER MT

PRICE FOB: GROSS $ 370 USD/NET $ 360 USD PER MT

COMMISSION: $ 5.00 SELLER SIDE / $ 5.00 BUYER SIDE
PER MT FOB TANK TO TANK HOUSTON TRANSACTION
PROCEDURE:

COMMODITY: LIQUEFIED PETROLUEM GAZ (LPG)

ORIGIN: KAZAKHSTAN

MINIMUM QUANTITY: BUYER REQUEST NOT LESS THAN 50,000

PER MT MAXIMUM QUANTITY: 500,000 METRIC TONS MONTHLY
WITH R&E PRICE CIF ASWP: US$420.00 GROSS / US$410.00 NET
PER MT

PRICE FOB: US$410.00 GROSS / US$400.00 NET PER MT

COMMISSION: $ 5.00 SELLER SIDE / $ 5.00 BUYER SIDE
PER MT

COMMODITY: ULTRA LOW SULFUR EN590 50PPM

ORIGIN: KAZAKHSTAN
MINIMUM QUANTITY: BUYER REQUEST NOT LESS THAN 50,000
PER MT MAXIMUM QUANTITY: 500,000 METRIC TONS MONTHLY
WITH R&E PRICE CIF ASWP: GROSS $ 520 USD / NET $ 510 USD
PER MT

PRICE FOB: GROSS $ 500 USD/NET $ 490 USD PER MT

COMMISSION: $ 5.00 SELLER SIDE / $ 5.00 BUYER SIDE
PER MT

COMMODITY: PETROLEUM COKE

ORIGIN: KAZAKHSTAN/ RUSSIAN ORIGIN.

MINIMUM QUANTITY: BUYER REQUEST NOT LESS THAN 50,000

PER MT MAXIMUM QUANTITY: 300,000 METRIC TONS MONTHLY
WITH R&E PRICE CIF ASWP: GROSS $ 80 USD / NET $ 70 USD PER
MT

PRICE FOB: GROSS $ 70 USD/NET $ 60 USD PER MT

COMMISSION: $ 5.00 SELLER SIDE / $ 5.00 BUYER SIDE
PER MT

FOB TRANSACTION PROCEDURES

1. Buyer Issues ICPO Addressed to seller --------- with Seller’s Procedures Incorporated on
It, Buyer’s Company Details, Banking Details, Passport Copy with Letter Confirming
Readiness, Wiliness, and Capability to Carry Out the Transaction.

2. Seller Receives Buyer’s ICPO. Seller Issues Commercial Invoice (CI) For the Total Product
in Seller’s Tank in Port Terminal for Buyer’s Endorsement.
3. Buyer Endorsed Seller’s Commercial Invoice (CI) And Return CI, along with Buyer’s
Own/Leased Tank Storage
Agreement (TSA) From Buyer’s Logistic Company as A Proof of Buyer’s Availability of Storage Facility.

4. Seller Acknowledged the Endorsed CI as Well Verifies Buyer’s TSA. If Well Satisfied.

5. Buyer obtain Access Permit from the port authority for Physical Verification on The
Product which amount the sum of $78,000,00 USD, and the payment is pain directly into
the port authority designed account, upon the confirmation of the payment, Seller Issues
to Buyer Authorization to Verify After Obtaining the Access Permit, [Access
Permit/Authorization to Verify.

6. Upon Successful Verification, Buyer and SGS Team Immediately Proceed to Conducts a
Q&Q Test at Buyer’s
Expense in Seller’s Tank.

7. Seller Issues to Buyer the Following POP Documents Below:

A. Dip-Test Authorization – D.T.A. To Buyer.

B. Legalized Commercial Invoice.
C. Export License.
D. Guarantee Letter to Supply.
E. Statement of Availability of Product.
F. Certificate of Origin.
G. Commitment to Supply.
H. Authorization to Sell and Collect.
I. Accreditation Certificate.
J. Product Allocation Certificate.
K. Product Passport.
L. Fresh SGS Report.
M. Tank Storage Receipt/Reservoir Receipt.
N. GPS Coordinates/ Location of Seller Tanks at Loading Port Including Tank Details, Tank
Farm Contact Person and Telephone Number.
O. NCNDA & IMFPA Document.

8. Buyer Sends Copy of Endorsed DTA To Seller Within 48hrs.

9. Seller Begins Injection of Product into Buyer Tank/Vessel.

10. Upon Completion of The Injection, Seller Issues to Buyer the Injection Report.

11. Buyer and Seller Sign One-Year Sales Purchase Agreement (SPA) Optional.

12. Buyer Pays for Product Via MT103.

FOB ROTTERDAM TRANSACTION PROCEDURES TANK EXTENSION

1. Buyer Accepts Seller Working Procedure and Issue ICPO.

2. Seller Issues Commercial Invoice, Buyer Signs and Returns Back Commercial Invoice.

3. Seller Issue TSR To Buyer Company,

4. Buyer Contacts the Seller's Storage Facility for Tank Extension to Enable Buyer
representatives Gain Access into The Facility and Execute the Quality & Quantity Inspection in
Seller Tank Farm for Fresh Analytical Report/Result By SGS
5. After Successful Dip Test, (NCNDA/IMFPA) Will Be Signed by All Parties.

6. Seller Injects Product into Buyer’s Vessel or Injects into Buyer’s Tanks or Buyer Take Over
the Storage Tanks, Within Maximum 48 Hours Buyer Pays Via Mt 103/Tt for The Spot
Transaction and Seller Issues All Export Documents to Buyer.

7. Upon Conclusion of First Lift Transaction, Seller Pays All Intermediaries Involved in The
Transaction and Proceeds with The Signing of Contract with Buyer.

TRANSACTION PROCEDURE: TANK TO TANK DIP TEST ON SELLER’S TANK BEFORE

BUYER HIRE TANK

1. Buyer Issue Irrevocable Corporate Purchase Order (ICPO) Directly To ---------COMPANY Via
Seller's Representative with buyer's company letterhead indicating company profile and
company registration certificate along- side with banking information, (POF or BCL) buyer's
international passport, Tank Storage Agreement (T.S.A.) Seller issues to buyer/ buyer's
Logistics Company (UATV)unconditional Authorization to verification letter by electronic email
to enable, Seller's diligence operation team visit buyer's Tank storage for physical verification
to confirm the cubic centimeter of the buyer' Tank storage to receive fuel in Rotterdam port,
showing the readiness of the valid tank to execute the transaction. Upon verification and
satisfactory, seller approves buyer's Tank Storage.

NOTE! OUR COMPANY POLICY REQUIRES THE BUYER'S TSA TO BE ON THE BUYER'S COMPANY NAME,

ACCORDING TO OUR COMPANY’S POLICY, BEFORE OUR COMPANY WILL HONOR THE BUYER’S ICPO.
2. Seller issue Commercial Invoice (Cl) for available quantity in tanks storage Rotterdam for
Buyer to countersign and return to Seller, signed Cl along with valid TSR (Tank Storage
Receipt) showing the readiness to execute transaction and POF.

3. Upon confirmation of signed Cl and TSR (Tank Storage Receipt) by buyer, Seller issues DTA
(Conditional) to buyer, for buyer to sign and endorse by seller to enable dip test to be carried
out immediately.

4. Upon confirmation of endorsement of DTA, Buyer provides to Seller their Storage

Transmission Clearance and Port Clearance Permit for the fuel transmission from seller tank
storage to buyer's tank storage. To enable seller to receive the buyer's storage docking
coordinates OR collection exit point via intra-port pipeline infrastructure.

5. Seller issues the following Proof of Product (POP) documents for the available quantity to
Buyer.

■ Product Availability Letter

■ Commitment to Supply Letter
■ Certificate of Origin
■ Product Passport
■ DTA (conditional with all information provided),
■ Injections Report,
■ Tank Storage Receipt (TSR) with GPS,
■ Quality Control Certificate of the Product)
■ Title Ownership Certificate
■ FRESH SGS Report
■ ATSC
■ ATV

6. Upon receipt and confirmation of the above POP Documents, Buyer provides its testing
officials (SGS INSPECTION TEAM) to conduct Dip Test to be carried out in seller's tanks.
(BUYER’S POSITION: (Buyer reserves the option to accept SGS Report above and remit
MT103/Wire Transfer for the product).
Upon successful Dip Test in tank, buyer provides TSR and ATI from their storage company and
seller / Injection company send Tank to Tank injection agreement (TTIA) to be signed by all
parties. Seller immediately cordial sign acceptance of the Pipe Agreement from the pipeline
injection company for booking and paying the cost of transmission injection clearance (value S
O.11 cubic meters) from the injection company to assign the injection date, process to
commence as scheduled. Upon successful seller issues to the buyer the Notice of Readiness
(NOR) to inject the product into buyer's tank storage.

7. Upon completion of the injection, Seller submits the full injection report to the Buyer and
release of the Full Proof of Product POP. The buyer's bank pays within 48 hours 100% of the
total value of the product unloaded into the buyers by wire transfer MT103/TT.

8. Upon confirmation of the payment, the seller issues to the buyer the 'title of ownership' with
all exporting documents
and pays all Agents/intermediaries' commissions, as per IMFPA/NCNDA (BUYER’S POSITION:
Seller pays Sell Side,
$1.00 USD and Buyer pays Buy Side, $1.00 USD).

CI DIP & PAY- NON-NEGOTIABLE FOB FUJAIRAH AND ROTTERDAM PROCEDURE.

1. Buyer sends ICPO to Seller on receipt of Seller's Soft Corporate Offer.

2. Seller issues commercial invoice CI, for the available quantity to Buyer, Buyer Signs and
returns to Seller with TSA and NCNDA/IMFPA signed by all buyer groups with commission
structures.

NOTE! OUR COMPANY POLICY REQUIRES THE BUYER'S TSA TO BE ON THE BUYER'S COMPANY NAME,

ACCORDING TO OUR COMPANY’S POLICY, BEFORE OUR COMPANY WILL HONOR THE BUYER’S ICPO.

3. Seller issues, Dip Test Authorization letter sign by all parties including buyers tank farm.

NOTE: IF BUYER TSA DOESN’T MEET WITH SELLER VERIFICATION’S, BUYER HAS NO OTHER CHOICE THAN TO
EXTEND ON OUR TANKS TO ENABLE BUYER DIP AND LIFT FROM OUR TANKS.

4. Upon the sign of DTA by all parties, Seller issues fresh SGS Report, Tank receipt, Injection
Report, Certificate of Origin, Refinery Reservoir Receipt.

5. Buyer order SGS to Conduct Dip test of the product in the Seller Tank on buyer expense
upon successful dip test, Buyer provide vessel details or Tank details, Seller shall immediately
submit the (SGS)
inspection Report along with the full Proof of Product (POP) to the Buyer.

6. Buyer makes 100% payment by MT103 TT wire transfer for the total product, and Seller
pays commission to all intermediaries involved in the transaction within 24 hours after
confirmation of the Buyer Payments.

TRANSACTION WORKING PROCEDURES FOB TANK TO TANK EXTENSION.

1. Buyer sends ICPO, Company Registration Certificate and a copy of international passport.

2. Seller sends CI and buyer signs and returns to the seller.

3. Seller releases TSR, ATV and Certificate of Origin.

4. Buyer takes over the seller tanks for 24 hours and Seller releases Unconditional DTA and
Buyer confirms product Q&Q via SGS.

5. Buyer signs the NCNDA/IMFPA and return to seller

6. Upon confirmation, Seller authorizes buyer to pay for product and upon confirmation, release
all Export Document and Title Transfer Certificate.

7. Possible rolls and extension.

FOB TANK TO TANK WORKING PROCEDURE

1. The buyer issues an official ICPO containing the seller's procedure with banking details
with TSA and company certificate of incorporation.

NOTE! OUR COMPANY POLICY REQUIRES THE BUYER'S TSA TO BE ON THE BUYER'S COMPANY NAME,
ACCORDING TO OUR COMPANY’S POLICY, BEFORE OUR COMPANY WILL HONOR THE BUYER’S ICPO.

2. The seller verifies the buyer's ICPO with company profile and seller issue commercial invoice
ci of the product in tanks at the port, the buyer and the buyer's tank farm company signed
dually and sealed – this will be verified by information department to determine validty via
open communication with the buyer tank farm company.

3. The seller issues the below PPOP documents to the buyer's secured email for verification.
3.1 GPS coordinate- tank storage receipt (TSR)
3.2 Injection report
3.3 Dip Test Authorization letter (DTA)
3.4 Authorization to Sell and Collect
3.5 SGS Report
3.6 Authorization to Verify the Product in the Seller Tank (ATV)

4. The buyer inspects by SGS on the buyer's expenses and send to the seller TSR after receipt
of a successful dip test report is received.

5. The seller issues the following documents to all intermediaries and the buyer endorsed
NCNDA/IMFPA.

6. Upon a successful dip test in tanks, product will immediately be injected into buyer's tanks.

7. The buyer makes payment for the product via MT103 in exchange for title.

8. Seller within forty-eight (48) hours, the seller pays commission to intermediaries involved in
the transaction as per NCNDA/IMFPA.

FOB TANK TO TANK HOUSTON TRANSACTION PROCEDURE:

1. Buyer sends ICPO alongside with their TSA for seller verification

NOTE! OUR COMPANY POLICY REQUIRES THE BUYER'S TSA TO BE ON THE BUYER'S COMPANY NAME,
ACCORDING TO OUR COMPANY’S POLICY, BEFORE OUR COMPANY WILL HONOR THE BUYER’S ICPO.

2. Seller provides Commercial Invoice to buyer.

3. Buyer signs and returns Commercial Invoice (CI) to seller along with TSR (one day) along
with a scanned copy
/NCNDA/ IMFPA signed by all buyers group with commission structures which was notarized by
the Notary Public in Houston as well as Endorsed by sellers Bank. (No fee is required from the
buyer for NCNDA / IMFPA notarization in Houston).

4. Seller releases Full POP documentation:

A. fresh SGS report less than 48 hours,

B. ATSC Authorization to sell and collect,
C. ATV authorization to verify,
D. An Unconditional DTA for buyers optional Dip test if needed.
5. Buyer verifies the full Proof of Product (POP) documentation.

6. Buyer pays after completion of injection for the total value of product injected into the tanks
through the means of SWIFT MT103 / TT / SBLC / DLC, the title ownership will be immediately
transferred to the buyer.

7. Buyers will pay after buyer carries out the Dip test in the seller’s tank storage and product be
injected into the buyer’s
tank storage.

8. Seller pays commission to all the intermediaries involved in the transaction immediately
after confirmation of the Buyers payment in accordance with the signed and sealed
NCNDA/IMFPA which was notarized by the Notary Public in Houston as well as Endorsed by the
seller's Bank.

FOB TRANSACTION PROCEDURE IN NINGBO/QINGDAO CHINA PORT

1. Buyer Issues ICPO, Company Registration Certificate, and Data Page of Buyer' s Passport or
Any I.D.

2. Seller Issues Commercial Invoice (CI) For the Available Quantity in the storage tank of
Ningbo/Qingdao China Port along Qingdao CRUDE OIL TERMINAL GPS COORDINATES With the
Following Documents after receipt of the signed CI and NCNDA/ IMFPA signed by all buyers and
seller intermediary groups with commission structures.

a) Copy of Company Registration Certificate

b) Export License
c) Copy of Statement of Product Availability in the Tank in Ningbo/Qingdao Port of China
d) Product Passport
e) Commitment to Supply
f) Certificate of Origin

3. Buyer makes payment of USD 187, 000 (Equivalent offshore RMB) directly to the Title Holder
of The Product designated fiduciary account, to secure the allocation certificate to enable the
seller to issue the ownership certificate in the buyer company name and also to issue fresh TSR
from seller tank storage. The prepayment of USD 187, 000 (Equivalent offshore RMB) shall be
deducted from the final total cost of product shipment.

4. Seller proceeds with Injection & Issues to the Buyer the Following: Documents after Injection.

a) Three Days (3) Unconditional Dip Test Authorization (DTA)

b) Fresh SGS Report Inspected in Tank Storage in Ningbo/Qingdao Port
c) Tank Storage Receipt (TSR)
d) Authorization for Physical Verification of the Product (ATV)
e) Injection Report on Shore Tank in Ningbo/Qingdao Port
f) Title Transfer Certificate
g) Passport code certificate of energy distribution transaction (ATPCC)
h) Notarized & Endorsed NCNDA/IMFPA by The Seller & Their Bank.
i) China Inspection and Quarantine (CCIC) Analysis Test Report.
j) Copy of ship questionnaire 88
k) Immersion test and authorization (DTB)

5. Buyer upon Physical Verification of the Product & POP Documents Confirmation orders SGS
to Conduct a Dip Test in the Seller' s Tank at the Buyer' s Expense and Issue SGS Certificates
and CCIC of Q&Q in The Buyer' s Name.

6. Seller Commences Immediately the Injection into Buyer' s Tank and Issues the Title of
Ownership Certificate to be followed by All Export Documentation.

7. Buyer Makes Payment by Mt103/TT Wire Transfer for The Total Product & Lifts the Product.
Seller pays all intermediaries involved in the transaction and subsequently, monthly shipment
continues as per terms and conditions of the Commercial Invoice and extension of the
transaction by issuing 12 month's contracts to the buyer for proceeding.
FOB PROCEDURES (TANK TO VESSEL):

1. Buyer issues ICPO addressed to Seller with Seller’s procedure incorporated on it, with
banking details and scanned copy of buyer's passport along with Charter Party Agreement
(CPA), for Seller’s verification.

NOTE! OUR COMPANY POLICY REQUIRES THE BUYER'S CPA TO BE ON THE BUYER'S COMPANY NAME,

ACCORDING TO OUR COMPANY’S POLICY, BEFORE OUR COMPANY WILL HONOR THE BUYER’S ICPO.

2. Seller issues Commercial Invoice (CI) for the available products in Tank at the Port, for
Buyer's review and endorsement and return to seller.

3. Seller issues to buyer Tank-to-Vessel Injection Agreement (TTVIA) to be endorsed by both

Seller and Buyer and Buyer’s Logistic Company. And NCNDA/IMFPA signed by all intermediaries
involved in the transaction with commission structure and sends to Seller for Endorsement and
Notarization.

4. Upon returned of the endorsed TTVIA, Seller release to Buyer the following PPOP documents:

a) Copy of Tank Storage Receipt (TSR).

b) Copy of Commitment Letter to Supply
c) Copy of Export License
d) Copy of Authorization to Verify (ATV) (call or email)

5 Buyer contacts the Seller’s Storage Company to verify the availability of the product and to
obtain access to enable Buyer and his team conduct dip test on the product in the Tank.

6 Seller upon confirmation of Buyer securing legal access to the product, issues Dip Test
Authorization (DTA) for Buyer to proceed for the dip test

7 Upon satisfactory result of the dip test on the product by the Buyer and his team, Seller’s
storage Company issue to
Buyer the Notice of Readiness (NOR) to inject the product.

8 Buyer issues Q88 and makes available the Vessel for the injection process to commence as
schedule.

9 Upon completion of the Injection, Seller releases to buyer the below POP documents.

a) Copy of Product SGS Report.

b) Copy of Injection Report.
c) Copy of Authority to Sell and Collect (ATSC)
d) Copy of Product passport (analysis test report)
e) Copy of Certificate of Origin
f) Seller and seller Bank legalize and register the signed NCNDA/IMFPA and send a copy to
the intermediaries’
representative to secure commission payment.

10 Buyer immediately pays for the total cost of the product value injected into the vessel through
MT103 TT wire transfer.
11 Seller within 24 hours of Buyer payment, pays commission to all intermediaries involved in
the Transaction according to the legalized NCNDA/IMFPA

TRANSACTION PROCEDURES FOR TITLE TAKE-OVER (TTO)

1. Buyer issues ICPO according to the seller’s working procedure along with buyer’s company
certificate of registration or profile with copy of buyer’s passport.

2. Seller issues the Title Take-Over Contract (TTO/MOU) addendum for review and endorsement
by all parties.
3. Seller issues Proof of Product and Shipping documents as listed below;

 Product quality passport (Analysis test Report)

 Certificate of Origin
 Bill of Lading
 Vessel Q88
 NOR
 Ulage Report
 Cargo Manifest
 Invoice for Title Transfer

4. Upon the receipt of the documents, buyer verifies the availability of the product on high sea
and immediately makes Three hundred and twenty thousand dollars only ($320,000 USD)
guarantee payment of the total cost of the product into an ESCROW account via MT103-TT. The
Refinery take the full responsibility or any eventually nonperformance and the return full
amount to the Buyer. Which serves as a Title Take-Over Fee (the security payment shall be
relisted when the cargo arrives to the first destination).

5. Upon seller receipt of the title takeover payment, seller orders for re-route to buyer’s desired
port, transfers the title to the potential buyer’s company’s name and also re-issue all other
outstanding documents to the potential buyer’s company’s and via swift from seller bank the
full prove of product.

6. Vessel arrive the discharge port and buyer carries out the CIQ/SGS inspection and upon a
successful inspection, buyer pays by MT103 T/T for the full product to the seller.

7. Seller shall provide the following partial proof of product documents which were issued in
name.

C.I.F TRANSACTION GUARANTEE PROCEDURE

1. Buyer Company Issues Irrevocable Corporate Purchase Order (ICPO) on its official company
letterhead with letter of acknowledgement, scanned copies of the buyer's company
registration and international passport number of buyers to the seller.

2. Seller Company Issue Draft Contract / Sales & Purchase Agreement (SPA Open for
amendment if any).

3. Buyer within three (3) working days' signs SPA and returns to seller. Seller registers and
legalizes the contract officially with the appropriate authorities to facilitate booking of
allocation and securing a legitimate approval for the Transfer of Ownership Title/Allocation to
buyer's company name at Buyer expense. This will amount the sum of $187,000,00 USD for the
Transfer of Ownership Title in buyer’s name.

4. Seller releases to the Buyer the Partial POP Documents below.

 Export License
 Certificate of registration
 Certificate of origin
 ALLOCATION CERTIFICATE/ACT OF TRANSFER TITLE
 Product Passport
 commitment to supply
 Statement of availability of product.
 Pro forma invoice.

5. Buyer issues their financial guarantee in the form of Standby Letter of Credit (SBLC MT760)
to cover the first shipment to seller's fiduciary bank within ten (10) working days.
6. If buyer fails to issue Standby Letter of Credit (SBLC MT760) within ten (10) working days, in
alternative shall make security guarantee deposit of ($1,000,000 USD) One Million US Dollars
Only via MT103 TT Wire Transfer to seller's fiduciary account. This will enable seller secure the
service of the vessel to transport the product to the buyer's desired port.
7. On confirmation of the above clause, Seller Company releases copies of POP and Shipping
documents to buyer company.

 Copy of Tax Registration Certificate (Certificate of Incorporation)

 Copy of identification materials (international passport)
 Copy of Company comprehensive profile
 Copy of Transnet Contract to Transport the Product to the Port.
 Copy of the Port Storage Agreement/ Insurance.
 Copy of Charter Party Agreement.
 Copy of Customs Clearance Certificate.
 Copy of the Tank Receipt issued by the Storage Facilitator.
 Copy of SGS Report.

8. Shipment commences as per contract and upon arrival of the vessel tanker at the discharge
port, the buyer conducts SGS or CIQ Inspection.

9. Buyer makes operative payment for the full shipment via T/T Wire or MT103.

10. Seller will release payments to the intermediaries involved within 48 hours of receiving
the full Payment for the product from the Buyer's bank After successful delivery of the first
monthly shipment of the Product,

11. Buyer transfers the full amount of the following month delivery to maintain the Standby
Letter of Credit 100% SBLC MT760 and contract continues for subsequent Eleven (11) months.

NOTE! THE COMPANIES THAT EXPRESS INTEREST IN THE ABOVE PRODUCTS ARE ADVISED TO CAREFULLY REVIEW
OUR SELLING PROCEDURES FOR PERFECT UNDERSTANDING BEFORE GIVING US THEIR OFFICIAL I.C.P.O.

FURTHERMORE, THE BUYER'S OFFICIAL I.C.P.O SHOULD BE ADDRESSED TO OUR REFINERY ACCORDING TO OUR
SELLING TRANSACTION PROCEDURES, WITHOUT DEVIATION OR MODIFICATION. ANY MODIFICATION WILL DEEM
UNACCEPTABLE.