AZNEFT LTD.

Address: 129301 g Moscow, Prospect Mira, 186, Bldg 2

E-mail: azneft.llc@list.ru
Phone Number: +7 903 174 4856

Issue Date: 01/02/2016

Exp. Date: 31/03/2016
Ref: ANT-303/RUS
To: END BUYER.

SOFT CORPORATE OFFER

The undersigned company, « AZNEFT LTD. », is an Allocation access control with a reputable
refinery here in Russia Federation, we hereby issue this SOFT CORPERATE OFFER with full
corporate and legal responsibility, under penalty of perjury confirms that we are ready, willing and
able to provide for capable buyers the following petroleum products / commodities according to
our terms and condition.

PRODUCT: Mazut M100 Gost 10585 – 75 / 99

QUANTITY: 50,000 MT – 500.000 MT per Month x 12.
CIF PRICE: US$200.00 Gross / US$190.00 Net per MT.

PRODUCT: RUSSIAN D2 DIESEL FUEL GOST 305-82

QUANTITY: 50,000 MT – 500.000 MT per Month x 12.
CIF PRICE: US$300.00 Gross / US$290.00 Net per MT.

PRODUCT: AVIATION KEROSENE COLONIAL GRADE JP54 / JET A1

QUANTITY: 1,000,000 BBL – 500.000 MT per Month x 12.
CIF PRICE: US$28.00 Gross / US$26.00 Net per BBL.

PRODUCT: REBCO RUSSIAN EXPORT BLENDS CRUDE OIL GOST 9965-76

QUANTITY: 1,000,000 BBL – 5,000,000 BBL per Month x 12.
CIF PRICE: US$33.00 Gross / US$31.00 Net per BBL.

PRODUCT: D6 FUEL OIL

QUANTITY: 100,000,000 Gallon – 500.000.000 Gallon.
CIF PRICE: US$0.80 Gross / US$0.78 Net per BBL.

Payment: MT103 & TT Wire Transfer / DLC / SBLC

Incoterms: CIF ASWP.
Inspections: Indigenous Analysis Report or SGS Report or CIQ.
Country of Origin: Russian Federation

INN: 7716721863 // OKPO: 11335599 // BIN: 1127746595173 // OKATO: 45280552

 AZNEFT LTD.
Address: 129301 g Moscow, Prospect Mira, 186, Bldg 2
E-mail: azneft.llc@list.ru
Phone Number: +7 903 174 4856

1. TERMS AND PROCEDURES (CIF) ASWP.

1. Buyer Issue ICPO or LOI alongside with a copy of the company license and scanned passport copy.

2. Seller Issue MOU Sales and Purchase Agreement for Both parties Final Endorsement.

3. Seller Issue to Buyer

(a) CONFIRMATION / COMMITMENT LETTER to Supply,

(b) TANK RECEIPT
(c) Certificate of Origin of the Product.
(d)Copy of Refinery Certificate of state,
(e) Registration of Legal Entity.

4. Buyer and seller both together secure the logistic of the petroleum product to the buyer Destination port
and the cost of logistic will be split (50%/50%) each party will bear his own cost, Note if buyer cannot jointly
to secure the logistic of the petroleum Product to his Destination Port/discharge port, Buyer can as well
allocate a vessel for seller to secure lift of the Product From Russia loading port to Buyer Port of destination
and note that any Vessel provided By Buyer to be approved by seller, this Vessel must be a Russia home
based Company any other Foreign company this will be decline. Note. (Before buyer allocate a vessel for
seller buyer must provide the name of the shipping Company approved by his company).

5. upon Finalization of the Logistics for the Delivery of the Petroleum Product to the Buyer Port of Destination
/ Discharge Port, Seller Commence Loading of the Petroleum Product Into the Vessel Tanker (Ship) provided
by buyer and Provide to Buyer the Following Proof of Product Documents and Shipment Documents;

(A) Bill of Lading.

(B) Vessel Detail’s (Q88).
(C) Dip Test Report for Quality and Quantity of the product by SGS or SAYBOLT or INTERTEK or Similar
Laboratory.
(D) Certificate of Conformity of the product.
(E) Certificate of Origin issued by the Chamber of Commerce.

6. Upon buyer Receipt of the Above Proof of Product Document and Shipment Document, Buyer Issue DLC
MT700 or SBLC MT760 to guarantee payment for the product and Seller Issue 2% P.B.

7. Shipment Commence and Buyer Releases Payment via MT103 - T/T for the Total Cost of the Product after
CIQ at Buyer Discharge port and Seller through the Ship Captain hand over all Exportation Document and
Certificate of Ownership to Buyer.

8. Seller Pays Commission to Intermediaries involve in the Transaction.

INN: 7716721863 // OKPO: 11335599 // BIN: 1127746595173 // OKATO: 45280552

 AZNEFT LTD.
Address: 129301 g Moscow, Prospect Mira, 186, Bldg 2
E-mail: azneft.llc@list.ru
Phone Number: +7 903 174 4856

2. TRANSACTION PROCDURES (CIF ASWP)

1. Buyer accepts and signs seller mandate corporate offer with a purchase order (ICPO) alongside with a copy
of the company license and scanned passport copy of the buyer and a Letter of corporate RWA (Ready,
Willing and Able) to execute this deal as stated.

2. Seller Issue Contract and NCNDA for “Buyer/seller endorses the final contract (amendments if any).

3. Both parties lodge the signed contract in their respective banks.

4. Buyer submits the respective representative passport copy to attend TTM, and sign the Hard copy contract
at seller’s bank.

5. After TTM, buyer deposit 10 % of the total product cost as security guarantee to seller via TT wire transfer.

6. Seller bank swift Full POP with shipping document and 2% PB to the buyer’s bank.

7. Shipment begins as scheduled in the contract.

8. Upon inspection of product at buyer designated port as per delivery, buyer pay the remaining cost of the
product.

Corporate offer attested and published by,

Madatova Nahidovna
General Director
AZNEFT LLC.

INN: 7716721863 // OKPO: 11335599 // BIN: 1127746595173 // OKATO: 45280552