Our ref.: S.A.R.

T/81/JEN/175 Date issued : 03-03-2023

To : Refinary/Mandate

LETTER OF INTENT

I, the undersigned, on behalf of the End buyer hereby state and represent that it is
our intention to purchase,

JET A1 and D6 and we hereby confirm that we are ready, willing, and able to
purchase the following commodity as per the quantity and terms stated below :

JET A1

Trial shipment of 2.000.000 barrels

Quantity: 5.000.000 barrels on a monthly basis

D6

Trial shipment of 200.000.000 Gallons

Quantity: 100.000.000 Gallons on a weekly base

FOB TRANSACTION

PROCEDURE

1. Seller issue an official Full Corporate offer with terms, and price to the buyer.

2. The buyer will verify, if the price is appropriate, he will make a “DEEP TEST
AND BUY” i.e. the Buyer will inspect the product by the seller’s tank PAY
and LIFT , After Dip test TSA or CPA or extension.

Note please that Buyer must avoid the TSA reservation before Dip test that
will cost 60000 USD per day for 4-5 days. This can be a risk to lose 240 -300
thousand USD when the seller will not perform
 Important Note

Once the Seller sends SCO, we will carry out verification. If appropriate, we
will send you the original ICPO of the buyer. Likewise, it is to note that in
such a deal SCO /SPA must be issued by the Seller and not by the Mandate
and brokers. Hence the Mandate and brokers must secure themselves with
the Seller

Procedures of the

buyer.

Dip test and

buy

Only with this procedure:

1- POF AVAILABLE

2- All your procedures will be accepted on condition that the buyer

does a dip test before TSA or CPA or extension.

3- After successfful transaction buyer issue bank instruments for 1

years

NOTED :

1- By invitation of the seller to the buyer. The buyer is ready to fly to any
points in the world with his own jet.

2- The buyer is ready to sign a conventional contract taking into account the
DIP TEST AND BUY before flying to Rotterdam.

JULIEN CHRITEL NKE