[email protected] / teksis2004@gmail.

com
Tr.Mobile & WhatsApp: +90 541 390 61 76
Contact : Haluk Nasuhoglu / Gen.Mng.
Veli Bayrak / Mng.

Date of Issue: October 2, 2023

Expiry date: December 31st 2023
To: Capable buyers / Buyers Mandate
License No: PE-74095

PROCEDURE
We are acting on behalf of the SELLER with full legal and corporate responsibility, to offer the
commodity on behalf of the Refinery under the penalty of perjury, confirm and certify that the
SELLER has the availability and capability to sell and supply the below mentioned commodities in
accordance with the terms and conditions stipulated on the commercial Procedure. The supplier is
guaranteed to meet the specifications and pass through the stringent requirements of SGS or
Equivalent. Financial statement from the BUYER's bank clarifying the BUYER's financial capability will
be required to consider the BUYER's negotiations.

NOTE: Product payments are also acceptable in other currencies, i.e.: EURO/USD.

SPECIFICATIONS: STANDARD EXPORT QUALITY.

Country of Origin: KAZAKHSTAN.

Trading Mode: FOB (FREE ON BOARD), TTO (TITLE TAKE OVER) & CIF (COST OF INSURANCE AND
FREIGHT)

PRICE: Negotiable (send your sensitive/target price during ordering).

PAYMENT: By an Irrevocable Non - operative Irrevocable non-transferable Letter of Credit via IRDLC
MT700 / SBLC MT760 / LC, MT103 for the monthly quantity of the product to Seller fiduciary
account.

CONTRACT: 12 Months with possible rollovers and Extension / Spot.

INSPECTION: SGS or similar by Seller

LOADING PORT: Aktau/Pavlodar and Rotterdam/Houston.

DESTINATION: Any Safe World Port (ASWP).

SPECIFICATION: Annexed within Contract (TBA). PB: 2% Operative Performance Bond, by the Seller

TRANSACTION PROCEDURES CIF (BANK GUARANTEE BASIS):

1. Buyer’s issues Irrevocable Corporate Purchase Order (ICPO), with banking details address to
SELLER INTERNATIONAL on buyer’s official company letterhead with letter of Acknowledgement,
scanned copies of the buyer’s company registration and international passport of the authorized
representative, as well as an Acceptance Letter of Seller's Procedures.
2. Seller issue Draft Contract / Sales & Purchase Agreement (SPA Open for amendments if any) both
parties sign and seal the Present contract and exchange the copies electronically.

3. Seller registers and legalizes contract officially with the appropriate authority MINISTRY OF
ENERGY OF THE REPUBLIC OF KAZAKHSTAN, to facilitate booking of allocation and securing a
legitimate approval for the Transfer of Ownership Title/Allocation to buyer’s Company name at
seller’s expense.

4. Seller releases to the Buyer the legalized contract & Partial POP Documents via electronic mail as
listed below

A. Copy of Tax Registration Certificate (Certificate of Incorporation)

B. Certificate of origin

C. Product Passport

D. Refinery commitment to supply

E. Statement of availability of product

F. Performa Invoice

5. On confirmation of the receipt of the soft performance guarantee POP Documents, Buyer’s bank
issues bank instrument within Seven (7) Banking Days via SBLC MT760 / DLC MT700, for the value of
the trial shipment to seller’s fiduciary bank in a format acceptable to seller’s bank. Upon seller’s
fiduciary bank’s successful receipt of the buyer's bank instrument and buyer's receipt of 2% PB from
seller’s fiduciary bank or in the alternative, seller proceeds to loading and shipment.

6. If Buyer fails to issue the above mentioned bank guarantee within the stipulated Seven (7) Banking
days, Buyer makes a 3% down payment to seller’s nominated fiduciary bank, as a Performance
security financial guarantee. On receipt of the 3% security guarantee down payment invoice, buyer
proceeds with the 3% down payment and provides Seller with the MT103 payment confirmation
receipt, or Legal Action will be taken against the Buyer. This payment is necessary to enable the seller
to secure the service of the Vessel for transloading of the product to the buyer's destination port.

NOTE: Fee made by buyer will be deducted when making payment for the total cost of the product
at the discharge port after a successful CIQ /SGS test at the discharge port.

7. On confirmation of the above clause, loading commences and shipment schedule and seller
releases full set of POP and shipping documents to buyer’s bank along with 2% PB (Performance
Bond).

8. Shipment commences as per contract and upon arrival of the vessel tanker at the discharge port,
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.

11. After successful delivery of the first monthly shipment of the Product, Buyer transfers the full
amount of the following month delivery to maintain the Standby Letter of Credit 100% SBLC MT760/
DLC MT700 and contract continues for subsequent Eleven (11) months subject to this Contract.
SELLERS COMMERCIAL TERMS FOR TTO/ON-BOARD CARGO:
1. Buyer issues Irrevocable Corporate Purchase Order (ICPO) with banking details address to SELLER
with Guarantee Letter to take over Title of the product.

2. Seller issue draft (MOU/TTO) agreement to Buyer counter-sign and return back to seller along with
Company Registration Certificate.

3. Seller receives the signed MOU/TTO-contract from the Buyer and legalizes the agreement with the
Ministry of Energy of the Republic Of Kazakhstan, and within 48hrs, seller release the legalized
signed/sealed M.O.U to buyer.

4. Buyer confirms the receipt of the legalized MOU and revert back immediately with an official letter
of Readiness to take over the cargo with the supplier's commercial terms and condition and making
the 5% down payment, which stands as the Allocation Security & Guarantee Deposit, on receipt and
confirmation of the product documents as listed on 4.1.

4.1. Seller sends to Buyer the following documents for Buyer's confirmation.

A. Seller's company Registration Certificate.

B. Bill Of Lading-(in the name of Buyer as Consignee.)

C. Vessel Tanker Details-VTD.

D. Product Passport-Dip-Test Report.

E. Certificate of Origin

F. Proforma Invoice.

G. 5% Payment deposit Invoice.

H. Cargo Manifest.

I. Cargo Ullage Report.

J. Cargo’s Q88.

5. Buyer within 3 days of confirms the goods documents, makes 5% down deposit of the total on-
board cargo, which stands as an Allocation Security & Guarantee payment to the seller nominated
bank by T/T Wire Transfer within 3 banking days, which shall be deducted from the total payment
value of the take-over product.

6. Seller releases the conducted SGS Test Report of the product with Dip-Test AuthorizationDTA to
Buyer to enable buyer company order SGS inspection team for Q & Q conformity analysis inspection
upon goods/cargo arrival at the discharge port.

7. Upon the successful completion of Dip-test inspection, Buyer makes the balance 95% payment by
MT103 wire transfer for the total goods value, Seller transfers Title of ownership Certificate to
buyer's name as the legitimate owner of the goods and commence transloading.

8. Trans-loading commences immediately.

9. Seller will release payments to the intermediaries involved within 48 hours of receiving the
Payment for the product from the Buyer’s bank.

FOB ROTTERDAM TRANSACTION PROCEDURE:

1: Seller Issue SCO for buyer Review and Acceptance.

2: Buyer issues ICPO/LOI with banking details address to SELLER, and sends along with company
registration certificate and copy of buyer’s passport or his representatives or any I.D.

3: Seller Issue Commercial Invoice, buyer signs CI and returns back to Seller, for registration and
legalization of the COMME RCIAL INVOICE officially with the appropriate authority Ministry of Energy
of the Republic Of Kazakhstan

4: Buyer provides Seller its Leased TANK STORAGE AGREEMENT /ATV with Seller Company name,
stipulated on buyer signed TSA, as the rightful supplier that is injecting into the buyer’s tank storage
facility, for seller verification and approval.

5: Upon seller confirmation and approval of Buyer’s Tank Storage Agreement), seller Provide the
below listed Proof of product Documents to Buyer for verification.

A: PRODUCT PASSPORT (QUALITY AND QUANTITY ANALYSIS REPORT.

B: COMMITMENT TO SUPPLY FROM TITLE HOLDER.

C: STATEMENT OF PRODUCT AVAILABILITY.

D: COMPANY REGISTRATION LICENSE.

E: CERTIFICATE OF ORIGIN.

F: ALLOCATION CERTIFICATE

G: NOR (NOTICE OF READINESS) TO COMMENCE THE INJECTION OF THE PRODUCT.

6: Within 48 hours of Buyer Receipt of the above Listed Documents from Seller, Buyer provides seller
its Tank lease invoice issued by the storage tank farm. Seller verifies tank lease invoice with the tank
farm, and proceeds and leases the buyer’s tank for 3 days, after confirmation of the payment from
Buyer tank farm. Buyer pays the remaining 4 days to obtain the 7 days TSR and sends to the seller his
tank lease payment confirmation receipt and TSR / ATI (Authorization To Inject product) to the
buyer's tank fo r confirmation. Seller commences with the injection of the First Shipment Quantity
from the Refinery Storage reservoir, to the buyers secured storage tank at the Loading Port.

7: Seller issues DTA (Dip Test Authorization), together with Authority to Sell & Collect (ATSC) to
buyer, to enable buyer proceeds with the inspection by SGS Agent.

8: Buyer Successful Q&Q Dip Test on the product, Buyer makes the payment for the Total Value of
the Product Injected into the Tanks Through the means of MT103/TT.

9: Upon Seller Receipt of the Payment for the Product from the buyer, Seller issue to Buyer the Title
Ownership of the product and all Exporting Document of the product.

10: Buyer lifts the product with its Vessel Tanker.

11: Seller Pays All Intermediary Involved in the Transaction, and Subsequently Monthly Shipment
Continues as per terms and Conditions of the signed commercial Invoice between Buyer and Seller.
FOB TANK TO VESSEL - (KAZAKHSTAN PORTS) ] PROCEDURE:
1: Buyer issues ICPO with banking details address to SELLER, accompanied with Chartered Party
Agreement (CPA) and an authorization to verify it (under Buyer’s company letterhead).

2: Seller issues Commercial Invoice (CI) on offered / available quantity within storage tank

3: Buyer signs CI and returns it to seller accompanied with fulfilled NCNDA/IMFPA (by all groups) with
agreed commission structures and following vessel’s document copies:

a. Fulfilled NCNDA/IMFPA (by all groups) with agreed commission structures,

b. Vessel Questionnaire (Q88),

c. Certificate of Classification,

d. Certificate of Registry,

e. SOLAS Certificate,

f. MARPOL Certificate,

g. International Load Line Certificate,

h. International Tonnage Certificate

i. Certificate for Masters, Officers and Ratings.

NOTE: Non-submission of above full set may be replaced by buyer’s deposit of €92,830 to guarantee
seller’s tank farm’s (risk control) department.

4: Seller submits PPOP documents below:

a. Fresh SGS Report,

b. Tank storage receipt (TSR),

c. (ATV) Authorization for physical verification of the product,

d. Injection report,

e. Certificate of Origin,

f. Product passport,

g. Notarized and endorse NCNDA/IMFPA by the seller and their bank,

h. Unconditional dip test authorization (DTA),

i. Authorization to Sell and collect (ATSC).

5: Buyer upon physical verification of the product and PPOP confirmation order SGS to conduct the
Dip test in the seller Storage Tank on buyer expense.

6: Upon successful Dip Test, product is immediately injected to Buyer’s vessel and seller shall submit
Title of Ownership Certificate to Buyer.
7: Buyer makes payment by MT103 or TT wire transfer for the total product and lifts the product and
seller pays all intermediaries involved in the transaction.

8: Seller pays commissions to involved parties as according with legal NCNDA/IMFPA.

If our terms and procedure are acceptable by the intending purchaser, kindly with the issuance of
your LOI/ICPO address to SELLER with our corporate procedure stated in it for our review and
proceeding

It is mandatory for all ICPO/LOI carry the refinery official terms and procedures

WARNING & INSTRUCTIONS!

We have listed above the acceptable PROCEDURES from SELLER INTERNATIONAL, for all FOB
Rotterdam, Houston and CIF AWSP. There are 2 FOB procedures and 1 CIF procedure and 1 TTO ON
BOARD CARGO procedure and the buyer can select the one suitable for their ability to perform. The
following rules apply to any of the procedures. Buyer can select only one of them for any FOB
transaction. Buyer cannot mix and match nor negotiate anything in the seller’s procedure, if
procedures are not acceptable by buyer, please don't issue an ICPO.

Any ICPO issued by the BUYER must insert the refinery's working procedure. The refinery does not
accept any ICPO with any other procedure. If the SELLER's procedure is changed, the ICPO will be
rejected by the refinery.

Note: The above procedure must be accepted and incorporated on the ICPO word by word.

All ICPO’s must contain the contact details of the buyers CEO/Director/ who endorsed the ICPO for
proper check, therefore we expect buyers to cooperate and issue ICPO's in accordance to avoid
rejection

Regards;
Haluk Nasuhoglu / General Manager / +90 541 390 61 76
Veli Bayrak / Marketing Manager / +90 551 086 66 34