DATE ISSUED: 01/05/2024

EXPIRED DATE: 31/12/2024

REFERENCE NUMBER: HSZOO/M24/528417
(SCO) SOFT CORPORATE OFFER

“H.S.Z.O.O.” CONFIRMS WITH FULL LEGAL

AND CORPORATE RESPONSIBILITY UNDER THE PENALTY OF PERJURY AS A DIRECT MANDATE TO
“TITLE-HOLDERS/END-SELLERS” WITH PRODUCTS OF POLAND, NETHERLANDS AND
KAZAKHSTAN ORIGIN, ARE WILLING AND CAPABLE UNDER LEGAL TERMS OF CONTRACT TO
ENGAGE IN THE SALES AND SUPPLY OF ALL THE PRODUCTS LISTED IN THIS OFFER ON FOB AND
CIF BASIS. ALL PRODUCTS ARE FULLY GUARANTEED BY THE SELLERS TO MEET THE
EXPECTATIONS AND TO PASS THE STRINGENT REQUIREMENTS OF SGS OR ITS EQUIVALENTS. ALL
SALES AND SUPPLY ARE STRICTLY IN ACCORDANCE WITH REQUIRED INTERNATIONAL STANDARDS
AND PROCEDURES FOR FOB BASIS.

PRODUCTS

AUTOMOTIVE GAS OIL (AGO) FOB:

$250 GROSS / $240 NET
CIF: $270 GROSS / $260 NET
MIN QTY: 100,000.00 MT / MAX QTY: 500,000.00 MT
COMMISSION: $5/ $5

MAZUT M100 GOST 10585-99 & 10585-75

FOB PRICE: $350 GROSS / $340 NET
CIF PRICE: $370 GROSS / $360 NET
MIN QTY: 50,000.00 MT / MAX QTY: 500,000.00 MT COMMISSION:
$5/ $5

DIESEL-GAS OIL L0.2-62 GOST 305-82 (D2)

FOB: USD$215 GROSS/USD$205 NET
MIN QTY: 20,000.00 MT / MAX QTY: 900,000.00 MT COMMISSION:
$5 / $5

LIGHT CYCLE OIL (LCO)

FOB: USD$290 GROSS/ USD$280 NET
MIN QTY: 50,000.00 MT / MAX QTY: 500,000.00 MT
COMMISSION: $5 / $5

AVIATION KEROSENE COLONIAL GRADE 54 (JP54)

FOB: USD$85 GROSS/ USD$81 NET
CIF: USD$88 GROSS / USD$84 NET
MIN QTY: 500,000.00 BBLS / MAX QTY: 5,000,000.00 BBLS
COMMISSION: $2 / $2

LIQUIFIED PETROLEUM GAS (LPG)

FOB PRICE: $330 GROSS / $320 NET
CIF PRICE: $360 GROSS / $350 NET
COMMISSION: $5 / $5
MIN QTY: 100,000.00 MT / MAX QTY: 500,000.00 MT
LIQUIFIED NATURAL GAS 5542-87 (LNG)
FOB: USD$410 GROSS/ USD$400 NET
CIF: USD$420 GROSS / USD$410 NET
MIN QTY: 50,000.00 MT / MAX QTY: 500,000.00 MT
COMMISSION: $5 / $5

VIRGIN D6 FUEL OIL (D6)

FOB: USD$0.74 GROSS/ USD$0.72 NET
MIN QTY: 1,000,000.00 GALS / MAX QTY: 50,000,000.00 GALS
COMMISSION: $0.01/ $0.01

BITUMEN 60/70/ 80/100 (ASPHALT — MTS & ABOVE)

TECHNICAL STANDARD: GOST 22245-90
PRICE: $355/$365 USD PER METRIC TON FOB
COMMISSION: $5 / $5

DIAMMONIUM PHOSPHATE (DAP) NP 18:46

FOB: USD$340 GROSS/ USD$310 NET
MIN QTY: 50,000.00 MT / MAX QTY: 500,000.00 MT

PETROLEUM COKE
FOB: USD$370 GROSS/ USD$350 NET
MIN QTY: 50,000.00 MT / MAX QTY: 300,000.00 MT
COMMISSION $10 / $10

UREA 46 % - GRANULAR GOST 2081-92

PRICE: $330/320 USD PER METRIC TON FOB
COMMISSION: $5 / $5
MIN QTY: 50,000.00 MT / MAX QTY: 500,000.00 MT

CST-180 FUEL OIL

FOB PRICE: $360 GROSS / $350 NET
COMMISSION: $5 / $5
MIN QTY: 50,000.00 MT / MAX QTY: 500,000.00 MT

GASOLINE 89 OCTANES
QUANTITY: MIN 50,000MT, MAX 1, 000,000MT
FOB PRICE: $300 GROSS / $ 290 NET
COMMISSION: $5 / $5

CST-380 FUEL OIL

FOB: USD$170 GROSS/ USD$160 NET
MIN QTY: 50,000.00 MT / MAX QTY: 500,000.00 MT

DIESEL FUEL ULSD EN590-10PPM/50PPM/500PPM GASOLINE

FOB: $420 GROSS / $410 NET
CIF: $440 GROSS / $430 NET
MIN QTY 100,000.00 MT / MAX QTY 500,000.00 MT
COMMISSION: $5 / $5

AVIATION FUEL FOR GAS TURBINE ENGINES (JET-A1)

FOB: USD$74 GROSS / USD$72 NET
CIF: USD$78 GROSS USD$76 NET
MIN QTY: 1,000,000.00 BBLS / MAX QTY: 5,000,000.00 BBLS
COMMISSION: $1 / $1
PAYMENT TERMS: TT - MT103
BUYER WILL MAKE PAYMENT VIA MT103/TT/USDT/WIRE TRANSFER.

FOB PROCEDURES (DIP AND PAY)

1. BUYER ISSUES ICPO CONTAINING SELLER’S WORKING PROCEDURES AND BANKING DETAILS ALONG WITH BUYER'S
NOMINATED TSA, COMPANY REGISTRATION CERTIFICATE AND DATA PAGE OF BUYER'S PASSPORT.

2. SELLER ISSUES COMMERCIAL INVOICE OF THE PRODUCT AVAILABLE WITH ICC WARNING LETTER, BUYER SIGNS AND
RETURNS THE SIGNED COMMERCIAL INVOICE ALONG WITH THE ICC WARNING LETTER.

3. SELLER SUBMITS A FRESH SGS REPORT (NOT LESS THAN 24 HOURS) TO BUYER TANK FARM COMPANY ONLY TO VERIFY
THE PRODUCT IN SELLER TANK.

4. UPON CONFIRMATION OF THE SUCCESSFUL VERIFICATION OF SGS REPORT BY BUYER TANK FARM.

5. BUYER REQUEST FOR PAYMENT INVOICE FOR BOTH THE SELLER AND BUYER TO MAKES PAYMENT OF THREE (3) EACH
TO THE BUYER TANK FARM, ONCE THE TANK FARM CONFIRMS THE PAYMENT, BUYERS TANK FARM WILL ISSUE (TSR)
FOR SIX 6 DAYS IN BOTH THE BUYER AND SELLERS COMPANY NAME.

6. SELLER ISSUES BELOW PPOP DOCUMENTS TO BUYER.

A) FRESH Q&Q REPORT

B) INJECTION REPORT.
C) UNCONDITIONAL DIP TEST AUTHORIZATION LETTER (DTA) D) AUTHORIZATION TO SELL AND COLLECT (ATSC)
E) FRESH SGS REPORT.
F) AUTHORIZATION TO VERIFY THE PRODUCT IN SELLER'S TANK (ATV)
G) NCNDA/IMFPA

7. BUYER CONDUCTS DIP TEST ON THE PRODUCT AND MAKES THE PAYMENT FOR THE TOTAL VALUE OF PRODUCT
INJECTED INTO THE TANKS THROUGH THE MEANS OF MT103-TT.

8. SELLER PAYS ALL INTERMEDIARIES INVOLVED IN THE TRANSACTION AND SUBSEQUENTLY MONTHLY SHIPMENTS
CONTINUE AS PER TERMS AND CONDITIONS OF THE SALES AND PURCHASE CONTRACT BETWEEN BUYER AND SELLER.

FOB TRANSACTION TRIAL PROCEDURE

1. BUYER ISSUES ICPO + TSA, BANKING DETAILS, SCANNED COPY OF BUYERS PASSPORT ALONG WITH COMPANY
PROFILE

2. SELLERS ISSUES COMMERCIAL INVOICE AND ICC WARNING LETTER TO BE SIGNED BY THE SELLER AND BUYER.

3. SELLER ISSUE TO THE BUYER THE DIP TEST AUTHORIZATION DOCUMENT (DTA) WHICH IS TO BE SIGNED BY THE
SELLER, BUYER AND BUYERS LOGISTICS COMPANY.

4. SELLER ISSUES THE BELOW PPOP DOCUMENT TO THE BUYER:

A) TSR (TANK STORAGE RECEIPTS) WITH GPS COORDINATE OF THE TANKLOCATION
B) INJECTION REPORT
C) CERTIFICATE OF ORIGIN
D) ATSC- (AUTHORIZATION TO SELL AND COLLECT
D) SGS REPORT
E) PRODUCT PASSPORT (LAB ANALYSIS REPORT)

5. BUYER CONDUCTS DIP TEST AND SENDS TSR TO THE SELLER.

6. UPON SUCCESSFUL DIP TEST IN SELLERS TANK, PRODUCT WILL IMMEDIATELY BE INJECTED INTO BUYERS TANK. BUYER
MAKES PAYMENT FOR THE PRODUCT VIA MT103/TT, AND SELLER PAY COMMISSION TO ALL INTERMEDIARIES WITHIN
24 HOURS OF CONFIRMING THE PAYMENT.

7. SELLER ISSUES CONTRACT TO THE BUYER FOR THE DESIRED DURATION UPON SUCCESSFUL COMPLETION OF THE
TRIAL ORDER.

FOB TRANSACTION PROCEDURE

1. BUYER ISSUES ICPO CONTAINING SELLER’S WORKING PROCEDURES AND BANKING DETAILS ALONG WITH BUYER'S
COMPANY REGISTRATION CERTIFICATE AND DATA PAGE OF BUYER'S PASSPORT.

2. SELLER ISSUES COMMERCIAL INVOICE OF THE PRODUCT AVAILABLE WITH ICC WARNING LETTER, BUYER SIGNS AND
RETURNS THE SIGNED COMMERCIAL INVOICE ALONG WITH THE ICC WARNING LETTER

3. SELLER ISSUES TO THE BUYER THE PARTIAL PROOF OF PRODUCT DOCUMENTS:

A) TSR - TANK STORAGE RECEIPTS

B) ATSC - AUTHORITY TO SELL AND COLLECT
C) PRODUCT PASSPORT ANALYSIS REPORT FROM A RENOWNED INSPECTION COMPANY.
D) REFINERY STATEMENT OF COMMITMENT TO SUPPLY
E) STATEMENT OF PRODUCT AVAILIBILITY
D) ATV – AUTHORITY TO VERIFY THE EXISTENCE OF PRODUCT VIA EMAIL OR PHONE CALL.

4. BUYER CONTACT THE SELLERS TANK FARM VIA TSR TO EXTENDS SELLER’S TANK AND RECEIVES FULL GPS
COORDINATES OF THE TANKS, HUB NUMBERS, TERMINAL ACCESS PERMIT TO ENABLE BUYER DIP TEST AND CONDUCT
SGS REPORT

5. AFTER A SUCCESSFUL DIP TEST IN SELLER’S TANKS, BUYER TAKES OVER SELLER’S TANK OR SELLER INJECTS INTO
BUYER’S VESSEL / TANK AND BUYER CONDUCTS ITS DIP TEST INSPECTION FOR Q & Q OF THE PETROLEUM PRODUCTS
ABOARD VESSEL / TANK.

6. BUYER AFTER A SUCCESSFUL Q&Q DIP TEST ON THE PRODUCT, THE BUYER MAKES THE PAYMENT FOR THE TOTAL
VALUE OF THE PRODUCT INJECTED INTO THE TANKS THROUGH THE MEANS OF MTI03 - TT.

7. UPON SELLER RECEIVES THE PAYMENT FOR THE PRODUCT FROM THE BUYER; THE SELLER ISSUES TO THE BUYER THE
TITLE OWNERSHIP OF THE PRODUCT AND ALL EXPORTING DOCUMENTS OF THE PRODUCT.

8. THE SELLER SIGN NCNDA/IMFPA AND PAYS ALL INTERMEDIARIES INVOLVED IN THE TRANSACTION.

PURCHASE PROCEDURES - FOB TANK TO VESSEL (TTV)

1. BUYER ISSUES ICPO CONTAINING THE SELLER'S PROCEDURE WITH BANKING DETAILS AND SCANNED COPY OF
BUYER'S PASSPORT ALONG WITH CHARTER PARTY AGREEMENT (CPA), FOR SELLER'S VALIDATION.

2. SELLER ISSUES COMMERCIAL INVOICE (CI) FOR THE AVAILABLE PRODUCTS IN TANK AT THE PORT, FOR BUYER'S
REVIEW AND ENDORSEMENT AND RETURN ALONG WITH BUYER'S CHARTER PARTY AGREEMENT (CPA).
3. SELLER ISSUES TO BUYER TANK-TO-VESSEL INJECTION AGREEMENT (TTVIA) TO BE ENDORSED BY BOTH THE BUYER
AND BUYER'S LOGISTIC COMPANY.

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) ATSC AUTORIZATION TO SELL AND COLLECT
D) COPY OF AUTHORIZATION TO VERIFY (ATV) (CALL OR EMAIL)

5. BUYER WILL CONTACT 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 ISSUES 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) COPY OF NCNDA/IMFPA

10. BUYER IMMEDIATELY PAYS FOR 100% OF THE TOTAL COST OF THE PRODUCT VALUE INJECTED INTO THE VESSEL
THROUGH MT103 TT WIRE TRANSFER.

11. SELLER UPON CONFIRMATION OF THE PAYMENT, PAYS ALL INTERMEDIARIES INVOLVE IN THE TRANSACTION.

FOB PORT OF SHARJAR UAE PROCEDURE

1. BUYER ISSUES ICPO (WITH SELLER PROCEDURE INCLUSIVE ON ICPO) AND COMPANY REGISTRATION CERTIFICATE,
DATA PAGE OF BUYER'S VALID IDENTITY CARD AND PROOF OF FUNDS.

2. SELLER ISSUES COMMERCIAL INVOICE (CI) AND MOU FOR THE AVAILABLE QUANTITY IN STORAGE TANK IN PORT OF
SHARJAR UAE ALONG WITH THE ALLOCATION OF WHERE THE PRODUCT IS STORED, FOLLOWING DOCUMENTS AFTER
RECEIPT OF THE SIGNED CI.

EXPORT LICENSE.
SGS REPORT
COMMITMENT TO SUPPLY.
COPY OF STATEMENT OF PRODUCT AVAILABILITY IN THE TANK IN PORT OF SHARJAR UAE

3. SELLER ISSUES PAYMENT INVOICE OF $120,000 USD TO THE BUYER, BUYER MAKE PAYMENT TO SECURE THE
ALLOCATION TO ENABLE SELLER TO ISSUE THE OWNERSHIP CERTIFICATE ON BUYER COMPANY NAME, UPON
CONFIRMATION OF THE PAYMENT BY THE SELLER, SELLER ISSUES TERMINAL ACCESS CODES & TANK HUB NUMBERS TO
BUYER AND BUYER CONTACT THE SELLER SHIPPING AGENT IN CHINA TO MAKE ARRANGEMENT FOR THE
TRANSPORTATION OF THE PRODUCT TO BUYERS’ DESTINATION.

4. SELLER PRECEDES WITH INJECTION & ISSUES TO THE BUYER THE FOLLOWING DOCUMENTS BEFORE INJECTION.
UNCONDITIONAL DIP TEST AUTHORIZATION (DTA).
FRESH SGS REPORT INSPECTED IN TANKS IN PORT OF SHARJAR UAE SHORE TANKS (OPTIONAL)
AUTHORIZATION FOR PHYSICAL VERIFICATION OF THE PRODUCT (ATV).
INJECTION REPORT SHORE TANK IN PORT OF SHARJAR UAE.
TITLE TRANSFER CERTIFICATE.
NOTARIZED & ENDORSED NCNDA/IMFPA BY THE SELLER & THEIR BANK.
PORT OF SHARJAR UAE INSPECTION AND QUARANTINE (CIQ) ANALYSIS TEST REPORT.
COPY OF SHIP QUESTIONNAIRE 88.
IMMERSION TEST AND AUTHORIZATION (DTB).

5. BUYER UPON PHYSICAL VERIFICATION OF THE PRODUCT & PPOP CONFIRMATION ORDER SGS TO CONDUCT DIP TEST
IN THE SELLER'S TANK AT BUYER'S EXPENSE AND ISSUE SGS CERTIFICATES AND CIQ OF Q&Q IN THE BUYER'S NAME

6. SELLER COMMENCES IMMEDIATELY THE INJECTION INTO BUYER'S TANK/VESSEL 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 TRANSACTION BY ISSUING 12
MONTHS' CONTRACT TO BUYER FOR PROCEEDING.

FOB CHINA PROCEDURES

1. BUYER ISSUES ICPO (WITH SELLER PROCEDURE INCLUSIVE ON ICPO) AND COMPANY REGISTRATION
CERTIFICATE AND DATA PAGE OF BUYER'S VALID IDENTITY CARD.

2. SELLER ISSUES COMMERCIAL INVOICE (CI) FOR THE AVAILABLE QUANTITY IN STORAGE TANK IN QINGDAO -
CHINA PORT ALONG WITH THE ALLOCATION OF WHERE THE PRODUCT IS STORED, FOLLOWING DOCUMENTS AFTER
RECEIPT OF THE SIGNED CI.

(A) EXPORT LICENSE.

(B) PRODUCT PASSPORT.
(C) COMMITMENT TO SUPPLY.
(D) CERTIFICATE OF ORIGIN.
(E) COPY OF STATEMENT OF PRODUCT AVAILABILITY IN THE TANK IN QINGDAO CHINA PORT.

3. SELLER ISSUES PAYMENT INVOICE OF $120,000 USD TO THE BUYER, BUYER MAKE PAYMENT TO SECURE THE
ALLOCATION TO ENABLE SELLER TO ISSUE THE OWNERSHIP CERTIFICATE ON BUYER COMPANY NAME, UPON
CONFIRMATION OF THE PAYMENT BY THE SELLER, SELLER ISSUES TERMINAL ACCESS CODES & TANK HUB NUMBERS TO
BUYER AND BUYER CONTACT THE SELLER SHIPPING AGENT IN CHINA TO MAKE ARRANGEMENT FOR THE
TRANSPORTATION OF THE PRODUCT TO BUYERS’ DESTINATION.

4. SELLER PRECEDES WITH INJECTION & ISSUES TO THE BUYER THE FOLLOWING DOCUMENTS BEFORE INJECTION.
(A) UNCONDITIONAL DIP TEST AUTHORIZATION (DTA).
(B) FRESH SGS REPORT INSPECTED IN TANKS IN QINGDAO SHORE TANKS.
(C) AUTHORIZATION FOR PHYSICAL VERIFICATION OF THE PRODUCT (ATV). (D) INJECTION REPORT SHORE TANK IN
QINGDAO CHINA PORT.

(E) TITLE TRANSFER CERTIFICATE.

(F) PASSPORT CODE CERTIFICATE OF ENERGY DISTRIBUTION TRANSACTION (ATPCC).
 (G) NOTARIZED & ENDORSED NCNDA/IMFPA BY THE SELLER & THEIR BANK.
(H) CHINA INSPECTION AND QUARANTINE (CIQ) ANALYSIS TEST REPORT.
(I) COPY OF SHIP QUESTIONNAIRE 88.
(J) IMMERSION TEST AND AUTHORIZATION (DTB).

5. BUYER UPON PHYSICAL VERIFICATION OF THE PRODUCT & PPOP CONFIRMATION ORDER SGS TO CONDUCT DIP TEST
IN THE SELLER'S TANK AT BUYER'S EXPENSE AND ISSUE SGS CERTIFICATES AND CIQ 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 TRANSACTION BY ISSUING 12
MONTHS' CONTRACT TO BUYER FOR PROCEEDING

FOB ROTTERDAM/CI DIP&PAY FRESH SGS TRANSACTION PROCEDURE

1. BUYER ISSUES ICPO + CP+ BUYER'S PASSPORT COPIES DATA FILE, COMPANY LICENSE, CPA AND TSA

2. SELLER ISSUES COMMERCIAL INVOICE CI AND MOU TO BUYER.

3. SELLER ISSUES TO BUYER THE POP DOCUMENTS LISTED BELOW AND THE INVOICE FOR FIVE (5) DAYS EXTENSION ON
RECEIPT OF THE SIGNED COMMERCIAL INVOICE FROM BUYER AND UPON CONFIRMATION OF PAYMENT, SELLER ISSUE
TO BUYER/ REPRESENTATIVE INVITATION LETTER AND SCHEDULE TIME FRAME FOR DIP TEST.:

A. TSR
B. DIP TEST AUTHORITY (DTA)
C. ATV
D. ATSC

4. BUYER EXTENDS SELLER’S TANK AND RECEIVES FULL GPS COORDINATES OF THE TANKS, HUB NUMBERS, TERMINAL
ACCESS PERMIT AND DIP TEST IS CONDUCTED IMMEDIATELY WITH BUYER’S TEAM TO OBTAIN FRESH SGS REPORT (OR
EQUIVALENT) NOT LESS THAN 24 HOURS ALONGSIDE ATSC (AUTHORIZATION TO SELL AND COLLECT) ON BUYER'S NAME
AND LEASED TANK INFORMATION.

5. WITHIN 72HOURS, SELLER COMMENCES INJECTION OF THE PRODUCT INTO BUYER'S HIRED TSR OR VESSEL AND
RETURN.

6. UPON SUCCESSFUL INJECTION INTO BUYER TANKS, SELLER PROVIDES INJECTION REPORT TO BUYER AND BUYER PAYS
TOTAL COST OF PRODUCT VIA MT103.

7. SELLER CONFIRMS PAYMENT RECEIPT AND BOTH PARTIES RELEASE PAYMENT TO ALL INTERMEDIARIES ON EACH SIDE
INVOLVED IN THE TRANSACTION.

** TRANSACTION PROCEDURES FOR CIF DELIVERY ***

1. BUYER ISSUES ICPO MUST BE WITH BUYER COMPANY LETTERHEAD AND BUYER BANKING INFORMATION.

2. SELLER ISSUES DRAFT CONTRACT (OPEN FOR ANY AMENDMENTS) TO BUYER. BUYER SIGNS, SEALS AND RETURNS
THE DRAFT CONTRACT TO SELLER FOR FINAL ENDORSEMENT.

3. SELLER GIVES PARTIAL PROOF OF PRODUCTS.

A. REFINERY COMMITMENT TO SUPPLY.
B. CERTIFICATE OF ORIGIN.
C. ATSC
D. STATEMENT OF AVAILABILITY OF PRODUCT.

4. UPON EXAMINED OF SELLER POP BUYER WILL MAKE CASH DEPOSIT OF $380,000 (THREE HUNDRED EIGHTY
THOUSAND DOLLARS) BY MT103/TT WIRE TRANSFER FOR SECURITY GUARANTEE DEPOSIT, TO ENABLE SELLER CHARTER
VESSEL AND COMMENCE SHIPMENT AND THIS PAYMENT WILL BE DEDUCTED FROM THE TOTAL COST OF PRODUCT
AFTER INSPECTION AT DISCHARGE PORT, SELLER’S BANK ISSUES FULL POP DOCUMENTS TO THE BUYER’S BANK
ALONGSIDE WITH THE 2% PERFORMANCE BOND (PB)

A. COPY OF LICENSE TO EXPORT, ISSUED BY THE DEPARTMENT OF THE MINISTRY OF ENERGY, KAZAKHSTAN.
B. COPY OF APPROVAL TO EXPORT, ISSUED BY THE MINISTRY OF ENERGY KAZAKHSTAN.
C. COPY OF STATEMENT OF AVAILABILITY OF THE PRODUCT.
D. COPY OF THE REFINERY COMMITMENT TO PRODUCE THE PRODUCT.
E. COPY OF TRANSNET CONTRACT TO TRANSPORT THE PRODUCT TO THE LOADING PORT.
F. COPY OF THE PORT STORAGE AGREEMENT.
G. COPY OF THE CHARTER PARTY AGREEMENT TO TRANSPORT THE PRODUCT TO DISCHARGE PORT.
H. COPY OF VESSEL QUESTIONNAIRE 88.
I. COPY OF BILL OF LADING.
J. SGS REPORT AT LOADING PORT.
K. DIP TEST AUTHORIZATION (DTA) & ATB
L. NOR /ETA
M. CERTIFICATE OF OWNERSHIP TRANSFER.
N. ALLOCATION TRANSACTION PASSPORT CODE CERTIFICATE (ATPCC) BY MINISTRY OF ENERGY.
O. SELLER WILL ISSUE TSR UPON SUCCESSFUL VERIFICATION OF ALL DOCUMENTS.

5. SHIPMENT COMMENCES AS PER SIGNED CONTRACT DELIVERY SCHEDULE AND THE SHIPMENT SHOULD
ARRIVE AT BUYER’S DISCHARGE PORT WITHIN 5-25 DAYS. THE SGS INSPECTION WILL BE BORNE BY THE SELLER AT
THE LOADING SEAPORT AND BUYER AT THE UNLOADING SEAPORT.

6. BUYER RELEASES PAYMENT TO SELLER BY TT/MT103 UPON RECEIPT OF THE SHIPPING DOCUMENTS AND
CONFIRMATION OF THE Q & Q BY SGS/CIQ AT DESTINATION PORT.

7. SELLER PAYS COMMISSION WITHIN 48 HOURS BY SWIFT MT103 TO ALL INTERMEDIARIES AS SIGNED
NCNDA/IMFPA.

CIF TRANSACTION PROCEDURE WITH INDEMNITY DEPOSIT (ESCROW/LAW FIRM)

1. BUYER ISSUES ICPO + PASSPORT COPY OF THE COMPANY REPRESENTATIVE, UPON ACCEPTANCE OF SELLER
WORKING TERMS AS STIPULATED IN THE SELLER OFFICIAL FULL CORPRATE OFFER.

2. SELLER ISSUES TO BUYER SALES AND PURCHASE AGREEMENT (SPA) AND BUYER COUNTERSIGN WITHIN 72HRS
AND REVERT SIGNED SALES AND PURCHASE AGREEMENT (SPA) AND ALL PARTIES SIGNS THE ICC WARNING LETTER.

3. BOTH PARTIES SHALL SIGN AN INDEMNITY AGREEMENT WITH THE ESCROW/LAW FIRM ENTITY IN UNITED
STATE OF AMERICA, APPOINTED BY THE SELLER, AND EACH PARTY SHALL MAKE 10% INDEMNITY DEPOSIT FOR THE
FIRST MONTH DELIVERY TO THE ESCROW/LAW FIRM DESIGNATED ACCOUNT AFTER SUCCESSFUL TABLE TOP MEETING
(TTM).

4. SELLER SUBMITS THE SIGNED CONTRACT TO THE MINISTRY OF ENERGY (KAZAKHSTAN) FOR LEGALIZATION AND
FINAL APPROVAL AND ESCROW/ LAW FIRM RELEASES THE BELOW POP DOCUMENTS TO BUYER FOR VERIFICATION AND
CONFIRMATION.
A) COPY OF LEGALIZED CONTRACT.
B) PRODUCT PASSPORT (DIP TEST RESULT).
C) COMMITMENT TO SUPPLY.
D) STATEMENT OF PRODUCT AVAILABILITY.
E) TANK RECEIPTS AT LOADING PORT.
F) PROFORMA-INVOICE.
G) CHARTER PARTY AGREEMENT (CPA).
H) COMPANY REGISTRATION CERTIFICATE.

6. BUYER ISSUES PAYMENT INSTRUMENT STANDBY LETTER OF CREDIT (SBLC) MT760 AND SELLER ISSUES 2%
PERFORMANCE BOND.

7. SELLER LOADS THE PRODUCT INTO THE CHARTERED VESSEL AND THE SHIPPING COMPANY ISSUES THE BELOW-
SHIPPING DOCUMENTS TO BOTH PARTIES AND VESSEL SAILS TO THE BUYER'S DESTINATION PORT.

A) OCEAN BILL OF LADING.

B) CARGO MANIFEST.
C) VESSEL Q88.
D) SGS OR SIMILAR CERTIFICATE OF QUALITY AND QUANTITY.
E) CERTIFICATE OF ORIGIN.

8. UPON ARRIVAL OF THE CARGO AT THE BUYER'S DESTINATION PORT, THE VESSEL CAPTAIN ISSUES AN AUTHORITY TO
BOARD (ATB) TO THE BUYER'S NOMINATED INSPECTION TEAM TO COMMENCE ON THE PRODUCT TEST FOR QUALITY &
QUANTITY ANALYSIS (Q&Q).