Letter of Intent (LOI)
To: GeoSouthern Energy Corporation Date: 01st Augest,
2025 Attn: Mr. Devin Dansby
We, ECOSIS ENERGY PTE LTD. as s serious buyer, with full responsibility
hereby state and confirm that we are ready, willing and able to purchase the
following commodity as per the specification and in the quantity and for the
price as specified in the terms and conditions as stated below:
PRODUCT: LIQUIFIED NATURAL GAS (LNG)
1. Origin: Kazakhstan or a country not subject to sanctions
2. Target Price: CIF US$ 290.0 per metric ton.
3. Quantity: Trial order 100,000 mt and 200,000mt per month X 12months
4. Bill of Lading:
5. Destination: CIF Qingdao Port, China
6. Duration: Spot deal followed by one year of supply
7. Inspection: Quality and Quantity by SGS at seller’s cost at loading port and
buyer’s
cost at discharge port
8. Payment: . Documentary Letter Of Credit (DLC)
(MT700) , After Dip test result by
TT/MT103
9. Performance Bond: 2% Performance Bond of DLC value
CONTRACT BANKING PROCEDURES – CIF:
[Link] ISSUE SOFT OFFER TO BUYER AND BUYER REVIEW AND
AGREES WITH SELLER AND BUYER ISSUE ICPO OR LOI TO SELLER.
[Link] ISSUES DRAFT CONTRACT TO BUYER, BUYER REVIEW, AND
MAKE ANY NECESSARY AMENDMENTS AND SIGN AND SEND BACK TO
SELLER AND AT THE SAME TIME SEND OUT NCNDA FOR ALL PARTIES
TO FILL FOR COMMISSION PAYMENT.
[Link] NOTARIZE THE CONTRACT AT HIS OWN EXPENSES AND SEND THE
NOTARIZE COPY TO BUYER IN PDF AS THE FINAL CONTRACT WITH THE
FOLLOWING DOCUMENTS:
I. PRODUCT CERTIFICATE OF ORIGIN
II. PRODUCT PASSPORT - QUALTY CERTIFICATE
III. COMMERCIAL INVOICE
IV. SELLER COMMITMENT LETTER TO SUPPLY THE PRODUCT
VII. THE CHARTTERED PARTY AGREEMENT (CPA)
VIII. EXPORT APPROVED LICENSE
[Link] RECEIPT OF THE NOTARIZED CONTRACT IN PDF WITH THE OTHER PPOP
DOCUMENTS, BUYER ISSUES DLC MT700 / BG MT760 WITHIN 10 WORKING
DAYS OR BUYER PAYS $495,600USD OF THE FIRST SHIPMENT TO SELLER AS
AN ALTERNATIVE GUARANTEE PAYMENT TO TAKE CARE OF THE FREIGHT
FOR SHIPPING WHICH WILL BE DEDUCTED FROM THE TOTAL VALUE OF THE
PRODUCT IN THE COMMERCIAL INVOICE.
5. SELLER ISSUE TO BUYER 2% PB AND FULL POP DOCUMENTS TO BUYER.
[Link] SHIP TO BUYER'S PORT AND PRESENT SHIPPING DOCUMENTS TO
BUYER AND BUYER PAYS FOR THE FIRST MONTHLY SHIPMENT WITHIN 7
DAYS AFTER CIQ VIA MT103 OR TT – BALANCE PAYMENT IMMEDIATELY TO
SELLER DESIGNATED ACCOUNT.
[Link] PAYS ALL MANDATES (BUYER AND SELLER SIDES), ALL
REPRESENTATIVES AND BROKERS USING THE FILLED AND SEAL NCNDA /
IMPFA
BUYER’S COMPANY INFORMATION
COMPANY NAME : ECOSIS ENERGY PTE LTD
REGISTRATION NO. : 201905823M
COMPANY ADDRESS : 57 GENTING LANE #10-00 GANI BUILDING
SINGAPORE 349564
REPRESENTED BY : JIMMY CHUA –
MANAGING DIRECTOR DIRECT CONTACT :
+65-9631 2833
OFFICE CONTACT : TEL - +65 6282 5536
FAX - +65 6282 5980
EMAIL ADDRESS : [Link]@[Link]
We, undersigned Party, hereby with full legal and corporate responsibility,
confirm that the buyer is ready, willing and able to purchase the said cargo
with the specifications as per below.
Thank you. Jimmy
Chua Managing
Director
1. Specification
Component Typical Analysis Range
(mole %) (mole %)
Methane 94.9 87.0 - 96.0
Ethane 2.5 1.8 - 5.1
Propane 0.2 0.1 - 1.5
iso - Butane 0.03 0.01 - 0.3
normal - Butane 0.03 0.01 - 0.3
iso - Pentane 0.01 trace - 0.14
normal - Pentane 0.01 trace - 0.04
Hexanes plus 0.01 trace - 0.06
Nitrogen 1.6 1.3 - 5.6
Carbon Dioxide 0.7 0.1 - 1.0
Oxygen 0.02 0.01 - 0.1
Hydrogen trace trace - 0.02
Specific Gravity 0.585 0.57 - 0.62
Gross Heating Value (MJ/m3), dry basis 37.8 36.0 - 40.2
*
