soft corporate offer (30) -...

REF. NO: PRM-NPZ/SCO/00/167 INDEX:-5887721

ADDRESS: 650000, D Kemerovo, Prospekt Kuzne tsk, D10 3. Moscow Russian FD.

DATE ISSUE: 05/9/2016 VALID UNTIL: 07/11/2016

ATT: END BUYER Mr. Purchasing Manager

Via: SOCODI LTDA, Mr. Raúl Márquez

[email protected]

SOFT CORPORATE OFFER (30) DEAR MR./MRS.

We OIL RESOURCES LIMITED LIABILITY COMPANY on behalf of our supplier, hereby State that we are ready, willing and able to supply the Following commodity in the quantity and for the price as Specified with terms and conditions as stated below. Stamps and Signatures: are obligatory for every issued Corporate Purchase Order and Letter Of Intent. Quantities:

inspection, SGS, CIQ or Similar at the expense of the seller. Payment (financial) instrument are negotiable . We trade in a competitive market and accept trade orders and issue SPA/CI after receiving confirmation

from end buyers confirming their agreement with our trading procedure. We confirm our capability to

supply and sign sales and purchase contracts, if all the terms and conditions are mutually agreed with

readiness of buyer to commence transaction.

TERMS OF CONDITION

RUSSIA

ORIGIN

ASWP

DESTINATION

2% OF THE FIRST MONTH SHIPMENT VALUE

PERFORMANCE BOND

CIF ASWP

INCOTERMS

FOB / Rotterdam / Novorossiysk / Vladivostok /

Nakhodka / Primorsk.

NOVOROSSIYSK / VLADIVOSTOK / NAKHODKA

LOADING PORT

PAYMENT TERMS IRREVOCALBE LC,T/T TELEGRAPHIC TRANSFER

MT103.

SGS, CIQ OR SIMILAR

INSPECTION

COMMISION PAID BY BUYER, +$15 X MT, +$5 X BBL, and + $5

CENT per Gallons , all (50/50)

PAID BY SELLER COVERING 110% OF SHIPMENT

INSURANCE

VALUE

ALL PRODUCTS ARE OF RUSSIAN ORIGIN

RUSSIA D2 GAS OIL GOST 305-82

Quantity: Minimum: 50,000 MT. Maximum: 500,000 MT X 12

CIF Price: $310 MT FOB Price: $ 300 MT

HSD2 GAS OIL L-0.2-62 GOST 305-82 AGO (AUTOMATIVE GAS OIL)

Quantity: Minimun 50,000 MT. Maximum: 500,000 MT X 12


RUSSIA EN590 10 PPM



MAZUT 100 GOST–10585-99 RUSSIA ORIGIN



MAZUT 100 GOST–10585-75 RUSSIA ORIGIN


CIF Price: $210 MT FOB Price: $200 MT

LPG (LIQUEFEID PETROLEUM GAS) GOST 20448-90



LNG (LIQUEFEID NATURAL GAS)



GASOLINE 93 OCTANE RUSSIAN ORIGINS



CST-180 FUEL OIL RUSSIAN ORIGIN



AVIATION KEROSENE COLONIAL GRADE 54 JET FUEL RUSSIAN ORIGIN

Quantity: Minimum: 500, 000 BBLS. Maximum: 10,000,000 BBLS

X 12 CIF Price: $35 BBL FOB Price: $33 BBL

JET FUEL JPA1 (AVIATION KEROSENE COLONIAL GRADE A1)

Quantity: Minimum: 500, 000 BBLS. Maximum: 10,000,000 BBLS

X 12 CIF Price: $36 BBL FOB Price: $34 BBL

RUSSIA VIRGIN FUEL OIL D6

Quantity: Minimum: 1,000,000 GALLONS PER WEEK. Maximum: 200,000,000 GALLONS X

52 CIF Price: $0.80 Gallon FOB Price: $0.75 Gallon

RUSSIA EXPORT BLEND CRUDE GOST 9965-76 (REBCO)

Quantity: Minimum: 500,000 BBLS. Maximum: 10,000,000 BBLS X 12

CIF Price: $37 BBL FOB Price: $35 BBL

RUSSIA EXPORT BLEND CRUDE GOST 51 858-2002 (REBCO)

Quantity: Minimum 100,000 BBLS, Maximum 10,000,000 BBLS X 12

CIF Price: $37 BBL FOB Price: $35 BBL

UREA 46% PRILLED & GRANULAR (RUSSIAN ORIGIN)

Minimum Quantity: 10,000 – 200,000 Metric Tons/ Month

CIF Price: USD $ 230 MT FOB Price: USD $ 220 MT

BITUMEN GRADES: 40/50, 60/70 AND 80/100

Minimum Quantity: 10,000 – 200,000 Metric Tons / Month

CIF Price:USD $ 330 MT FOB Price: USD$320 MT

FOB /DIP AND PAY TERM & TRANSACTION PROCEDURES

1. Buyer issues CP & ICPO, TO: OIL RESOURCES LIMITED LIABILITY

COMPANY, Vía: SOCODI LTDA, Mr. Raúl Márquez 2. Seller issue SPA and Buyer return the sign SPA and CI back to Seller. 3. Seller sends PPOP documents to buyer.

• CERTICATE OF ORIGIN • COMPANY CERTIFICATE EXPORT LICNESE • REFINERY AFFIDIVAT • STATEMENT OF PRODUCT AVAILABILITY • REFINERY COMMITMENT TO PRODUCE THE PRODUCT • QUALITY PASSPORT.

4. Buyer to utilize the services of nominated and approved tank farm by the refinery. 5. Buyer issues to Seller TSA after the verification of the TSA by Seller, Buyer send (TSR)

and Authorization letter to verify the tank Clearance approved by the tank farm company. 6. Seller issues DTA. 7. Buyer Dip and Pays MT103 8. Contract follows.

TRANSACTION TERM FOR CIF DELIVERY

1. Buyer issues Company certificate of registration, CP & ICPO, TO: OIL RESOURCES

LIMITED LIABILITY COMPANY, Vía: SOCODI LTDA, Mr. Raúl Márquez 2. NCNDA/IMFPA to be sign by all parties to secure payment Commissions. 3. Seller issues to buyer the Sales and Purchase Agreement Contract with

Commercial Invoice, Buyer sign with initials and return to Seller. 4. Seller send to Buyer the below Partial POP documents via Fax/Email : Authority/Authorization to Sell (ATS) Certificate of Conformity Letter

of Commitment to supply Product Quality Passport (Dip Test result of product) Tank Storage Agreement Tank Storage Receipt 5. Within 3 (three) days Upon receipt and confirmation of the PPOP Documents, Buyer deposit financial commitment via T/T Wire Transfer which serves as security guarantee that buyer will not default from the transaction. OR Buyer issues a Standby Letter of Credit (SBLC MT760) as per Seller’s approved verbiage, if

Buyer fails to issue the SBLC MT760 within the stipulated validity days, Buyer shall be

responsible for the default penalty by making payment for the Tank Storage (TSR) Extension.

6. Seller sign Chartered Party Agreement (CPA) with Shipping Company and

conclude booking of vessel, shipping schedule preparation with port authority. 7. After confirmation of the buyer’s financial commitment or SBLC MT760, Seller will issue to Buyer’s bank within 4 Days the full shipment documents proof of Product (POP) Plus 2% Performance Bond via swift bank to bank.: Copy of Approval to Export, Copy

of License/Permit to Export Copy of Statement of Availability of Product. Copy of The Refinery Commitment to Produce the Product. Copy of Vessel Questionnaire 88. Refinery Certificate of Product Ownership. Copy of Fresh SGS. Copy of Bill of Lading. Copy of The Port Storage Agreement. Copy of The Charter Party Agreement(S) To Transport the Product to Discharge Port. 8. Buyer/Buyer’s Bank officer verifies the swift of full POP & 2%PB and then issue

via swift, payment acceptable instrument to seller’s bank. 9. Delivery commence as per schedule 10. Upon arrival at the discharge port, the cargo will be subject to CIQ/SGS

inspection at the buyer’s expense. Upon completion of SGS inspection buyer

makes 100% payment via MT103-T/T wire transfer within 72 hours from issuance of

CIQ/SG certificate at discharge port. 11. Upon receipt of buyer’s T/T wire payment, Buyer / Seller pays all intermediaries

within 24 hours.

MR. ROMAN IGOR

C.E.O- OIL RESOURCES LLC

Diesel D2-Gas Oil GOST(305-82) Specification CO MPONET UNIT M IN MAX

Densi ty@ 20 deg C Kg /m³ 0.85

Co lo r 1.1

F lash Po int, PM CC Deg C ( ºC) 66 69

Kinematic viscosity @20 d eg C CST 3 6

Pou r Po in t Deg C (ºC) (*) -10

C loud Po int Deg C ( ºC) (*) -5

Me racap tanSul phur 0.004

Ac id i ty mg/ 1000 cm³ 5

A sh % wt 0.01

Total Sulphu r % wt 0.005 0.05

Iod ine numb e r g / 100g 6

( typ i

C opp er Co rrosion 3 hrs/50 Deg C 1A

CCR on 10% Res idu es ( ºC) ca l)

Cetane ind ex Dist i l lation % wt 0.2

range: 45

50% Re cove r ed Vo l ume

Deg C ( ºC) 280

96% Re cove r ed Vo l ume Deg C ( ºC) 365.7

Bac t eria MBC F ibre / i t 500

Bac t eria C FU F ibre / i t 1000

Summ er f ro m March to Oc tob er PP - 5 .0 Deg

W in te r fro m Nove mb er to Fe bruary C ( ºC) PP -

Summ er fro m Ma rch to Oc t ob er 10 .0 Deg C

W in te r fro m Nove mb er to Fe bruary ( ºC) CP - 0.0

Deg C ( ºC)

20% Re cove r ed Deg C (ºC)

CP - 5.0 Deg

C ( ºC)

30% Re cove r ed Deg C (ºC) 358

445





F in al Bo il ing Po int Deg C ( ºC) 550

Pe rcentage Re cove r ed Vo l 78%

Res idue 22%

Total N i t rog en m/ m 0.19%

Specifications Russian Aviation Kerosene Jet Fuel - Colonial Grade JP54

COMPONENT RESULT 1. Ashcontent, notmore% 0,14 2. Mass fractionofsulphur,notmore%-low– 0,5 sulphur–residual–oil

3. Temperatureoftheflash,not lessºCin the 110min closedcrucibleIntheopencrucibleºC

4. The temperatureof solidification,nothigherºC 25 5. Kinematicsviscosityat 50ºC 118max 6.Watercontent 0.5% 7. Mechanicalimpurities Lower than0.1% 8. AcidityLower than 5mgKOH/100ml 9. Alkalinity Nil 10. Gross CalorificValue Kcal/kg/KJ/kg Min9200/41300 11. Densityat15.0deg.C Kg/l 0.890-0.9200 12. Hydrogen SulfideContent(H2S)pom 0.5max 13. CarbonResidua Lower than7% 14. Vanadium(V)ppm 30max 15. Aluminium(Al)ppm 5 16. Silikon(Si)ppm 12 17. Nickel(Ni)ppm 29 18. Asphaltenesm/m 3.6% 19. Destilation @4 mmHgExtractedto760mmHg 216

InitialBoilingPoint deg.C

5%recovereddeg.C 259 10%recovereddeg.C 310 20%recovereddeg.C 358 30%recovereddeg.C 445 40%recovereddeg.C 502 50%recovereddeg.C 534 60%recovereddeg.C 538 75%recovereddeg.C 545 80%recovereddeg.C - 90%recovereddeg.C - FinalBoilingpointdeg.C 550 Percent Recoveredvol 78%

Residuevol 22% TotalNitrogenm/m 0.192%

20. Sodium(Na)ppm 15 Color Pantone

RUSSIAN MAZUT M100 GOST 10585/75 Specifications

COMPONENT RESULT 1. Ashcontent, notmore% 0,14 2. Mass fractionofsulphur,notmore%-low– 0,5 sulphur–residual–oil

3. Temperatureoftheflash,not lessºCin the 110min closedcrucibleIntheopencrucibleºC

4. The temperatureof solidification,nothigherºC 25 5. Kinematicsviscosityat 50ºC 118max 6.Watercontent 0.5% 7. Mechanicalimpurities Lower than0.1% 8. AcidityLower than 5mgKOH/100ml 9. Alkalinity Nil 10. Gross CalorificValue Kcal/kg/KJ/kg Min9200/41300 11. Densityat15.0deg.C Kg/l 0.890-0.9200 12. Hydrogen SulfideContent(H2S)pom 0.5max 13. CarbonResidua Lower than7% 14. Vanadium(V)ppm 30max 15. Aluminium(Al)ppm 5 16. Silikon(Si)ppm 12 17. Nickel(Ni)ppm 29 18. Asphaltenesm/m 3.6% 19. Destilation @4 mmHgExtractedto760mmHg 216

InitialBoilingPoint deg.C

5%recovereddeg.C 259 10%recovereddeg.C 310 20%recovereddeg.C 358 30%recovereddeg.C 445 40%recovereddeg.C 502 50%recovereddeg.C 534 60%recovereddeg.C 538 75%recovereddeg.C 545 80%recovereddeg.C - 90%recovereddeg.C - FinalBoilingpointdeg.C 550 Percent Recoveredvol 78%

Residuevol 22% TotalNitrogenm/m 0.192%

20. Sodium(Na)ppm 15 Color Pantone

A UTO MOTI VE GA S O IL – A GO (DIE SEL) PRODUCT SPECIFICATION

CHARACTERISTIC SPECIFICATION TEST METHOD ASTM

Appearance Clear and Bright Visual

Colour, ASTM (Max) 3.0 Visual

Specific Gravity at 15/15°C 0.820 - 0.870 1298

Acidity, (inorganic acid) Nil

Total Acid Number mgKOH/g, 0.50

(max)

Distillation:

(a) Percentage recovery at 357°C, 90

v/v (min).

(b) Final boiling pt, °C (max) 385

Flash Point, °C (min) 66 93

Kinematic Viscosity at 37.8° C 1.6 - 5.5

(cSt)

Cloud Point, °C (max) 4.4

Conradson Carbon Residue on 10% 0.15

residue, %

Ash, % wt. (max) 0.01

Copper Strip Corrosion , 3h at Not worse than No. 1

100°C

Sediment, % wt ( max) 0.01

Total Sulphur, % wt (max) 0.3

Water Content, % Vol, (max) 0.05

Diesel Index, (min) 47

EN590 CHEMICAL ANALYSIS