Ref: RL/361-PP/2013

Issued: 27TH December, 2012

Expire: March, Ending 2013

Recipient: Buyer’s or Buyer’s Mandate.

SOFT CORPORATE OFFER

We, Resursneft LLC, under penalty of perjury hereby confirm our availability and capability to supply the under listed products for twelve months contract. The supply is guaranteed to meet the specifications and pass through the stringent requirements of SGS or Equivalent.

TRANSACTION TERMS AND CONDITIONS:

DELIVERY: FOB / CIF any safe world port

PAYMENY TERM: Standby Letter of Credit (SBLC MT760) or TDLC, MT103.

PERFORMANCE BOND: 2% operative PB will be issued from Seller’s bank to Buyer’s bank upon

receipt of buyer’s financial instrument in Seller’s bank.

QUALITY: Q&Q test report will be conducted at the loading port by SGS or

Equivalent at the expense of the seller company.

PRODUCTS ORIGIN: Russia Federation.

AVAILABLE PRODUCTS AND PRICELIST

General Note: The price for each commodity includes $10 USD commission for Seller/Buyer

Mandates.

RUSSIA ORIGIN DIESEL GAS D2 OIL GOST 305-82 Minimum Quantity: 10,000 Metric Tons per Month

Maximum Quantity: 500,000 Metric Tons per Month

Price: Gross $ 620.00 USD / 610.00 USD NET on CIF/ASWP

Price: Gross $ 610.00 USD/$600.00 USD NET on FOB/Vladivostok/Novorossiysk

RUSSIA ORIGIN MAZUT M100 GOST -1058575/99 Minimum Quantity: 10,000 Metric Tons per Month

Maximum Quantity: 500,000 Metric Tons per Month

Price: Gross $430.00 USD / $420.00 USD NET on CIF/ASWP

Price: Gross $420.00 USD / $410.00 USD NET on FOB/Vladivostok/Novorossiysk

RUSSIA ORIGIN AVIATION KEROSENE COLONIAL GRADE 54 JET FUEL Minimum Quantity: 500,000 Barrels per Month

Maximum Quantity: 5,000,000 Barrels per Month

Price: Gross $ 88.00 USD/$82.00 USD NET on CIF/ASWP

Price: Gross $ 82.00 USD/$76.00 USD NET on FOB/Vladivostok/Novorossiysk

RUSSIA EXPORT BLEND CRUDE GOST 51 858-2002 [R.E.B.C.O] Minimum Quantity: 10,000 Barrels per Month

Maximum Quantity: 3,000,000 Barrels per Month

Price: Gross $100.00 USD/ $ 90.00 USD NET on CIF/ASWP

Price: Gross $90.00 USD / $ 80.00 USD NET on FOB/Vladivostok/Novorossiysk

RUSSIA EXPORT BLEND CRUDE GOST 9965-76 [R.E.B.C.O] Minimum Quantity: 10,000 Barrels per Month

Maximum Quantity: 3,000,000 Barrels per Month

Price: Gross $100.00 USD/ $ 90.00 USD NET on CIF/ASWP

Price: Gross $90.00 USD / $ 80.00 USD NET on FOB/Vladivostok/Novorossiysk

LIQUIDIFIED PETROLEUM GAS .GOST 20448-90 Minimum Quantity: 10,000 Metric Tons per Month

Maximum Quantity: 1,000,000 Metric Tons per Month

Price: Gross $ 490.00 USD/$ 480.00 USD NET on CIF/ASWP Price: Gross $ 480.00 USD/$ 470.00 USD NET on FOB/Vladivostok/Novorossiysk

BITUMEN 60/70, 80/100, 85/100, 40/50, 50/70 Minimum Quantity: 10,000 Metric Tons per Month

Maximum Quantity: 300,000 Metric Tons per Month

Price: Gross $ 390.00 USD/$ 380.00 USD NET on CIF/ASWP

Price: Gross $ 380.00 USD/$ 370.00 USD NET on FOB/Vladivostok/Novorossiysk

FUEL OIL CST-180 Minimum Quantity: 10,000 Metric Tons per Month

Maximum Quantity: 500,000 Metric Tons per Month

Price: Gross $ 360.00 USD/$350.00 USD NET on CIF/ASWP

Price: Gross $350.00 USD/ $340.00 USD NET on FOB/Vladivostok/Novorossiysk

DIESEL GAS OIL ULTRA-LOW SULPHUR DIESEL 10 PPM / 50PPM Minimum Quantity: 10,000 Metric Tons per month

Maximum Quantity: 500,000 Metric Tons per month

Price: Gross $510.00 USD/$500.00 USD NET on CIF/ASWP

Price: Gross $ 500.00 USD/$490 .00 USD NET on FOB/Vladivostok/Novorossiysk

RUSSIA LIQUIDIFIED NATURAL GAS Minimum Quantity: 10,000 Metric Tons per Month

Maximum Quantity: 1,000,000 Metric Tons per Month

Price: Gross $ 500.00 USD/$ 490.00 USD NET on CIF/ASWP

Price: Gross $ 490.00 USD/$ 480.00 USD NET on FOB/Vladivostok/Novorossiysk

STANDARD TRADING PROCEDURES:

1. Buyer sends ICPO to seller. 2. Seller confirms ICPO and issue FCO to the buyer for signature and return 3. Seller confirms signed FCO and issues Draft Contract to buyers directly which open for

amendments. 4. Buyer return countersigned Contract to Seller Company with a letter of acknowledgement and

scanned copies of the buyer’s company registration and passport copy of buyer. 5. Seller Register/Legalized contract with the appropriate ministry on seller expense and send scan

copy registered hard copy contract via email including the Partial POP documents listed to the buyer both parties lodge with their respective banks. (1). Export License, (2). Company Registration Certificate, (3). Statement of availability of Product, (4). Refinery Commitment Letter to Supply, (5). Certificate of Origin, (6). Product Passport (Dip Test Result) for confirmation within 48 hours to proceed with point 6 of the Procedures.

6. Buyer secures the “Certification of Ownership” to identify the buyer company as the beneficiary owner of the product allocation.

7. Seller bank swift Non-operative 2%PB & full POP documents to buyer bank. 8. Upon successful confirmation of transfer of Title Holder to buyer Sellers, Transport the first month

product to loading port agreed by both parties. 9. Seller loads the product to the buyer designated as per both party agreement. 10. Upon arrival of the cargo at the discharge port, buyer make payment via DLC/MT103/T/T after

CIQ/SGS Inspection at destination port after offloading the product.

Kindly issue your ICPO/LOI upon acceptance of the above transacting terms and procedures.

Mr. Andrey Bykov, Chief Executive Officer, Resursneft LLC,