Issuance Date:24-11-2023

Expiry Date: 10-12-2023

TO : WHOM IT MAY CONCERN

ATTENTION : Mr/Mrs. DIRECTOR / CEO / BUYER’S MANDATE

SOFT CORPORATE OFFER

We, PT. BUMI MEGAH JAYA INDO as the official mandate of ATLANTIS COMMODITIES TRADING (UK)
LTD with the Affiliate Number : 201W36, hereby submits a Soft Corporate Offer to whom it may
concern with the terms and conditions we mention below :
ORIGIN KAZAKHSTAN/RUSSIA/SAUDI ARABIA
INCOTERMS 1. CIF ASWP
2. FOB JURONG – SINGAPORE, ROTTERDAM, HOUSTON, FUJAIRAH, DAMMAM PORT-
SAUDI ARABIA, VLADIVOSTOK (TANK TO TANK /TANK TO VESSEL/TANK TAKE OVER)
INSPECTION SGS/INTERTEK/SAYBOLT/ITS EQUIVALENT
PAYMENT TERMS FOB : ESCROW ACCOUNT FOR 5 DAYS TANK EXTENSION (US$400,000.00) AS PAYMENT
GUARANTEE, AND FINAL PAYMENT AFTER Q&Q INSPECTION VIA TT/MT103
CIF : ESCROW ACCOUNT 2% FROM TOTAL PRODUCT VALUE AS PAYMENT GUARANTEE,
AND FINAL PAYMENT AT DISCHARGING PORT AFTER Q&Q INSPECTION VIA TT/MT103

Please address your ICPO to :

TO : ATLANTIS COMMODITIES TRADING (UK) LTD

Attention : Mr. ARTUR VITALY
Via : PT. BUMI MEGAH JAYA INDO
CC : Mr. M RIDWAN

No COMMODITIES QUANTITY FOB PRICE CIF PRICE COMMISSION

1 DIESEL EN590 - MIN : 50,000 MT USD$570.00/MT USD$555.00/MT • USD$ 5.00/MT BUYER SIDE
10 PPM / 50 PPM MAX : 200,000 MT • USD$ 5.00/MT SELLER SIDE
• USD$ 5.00/MT MIDDLE SIDE
2 DIESEL D2-500PPM MIN : 50,000 MT USD$570.00/MT USD$555.00/MT • USD$ 5.00/MT BUYER SIDE
MAX : 200,000 MT • USD$ 5.00/MT SELLER SIDE
• USD$ 5.00/MT MIDDLE SIDE
3 JET FUEL A1 MIN : 500,000 BBLS USD$85.00/BBL USD$88.00/BBL • USD$ 1.00/BBL BUYER SIDE
MAX : 2,000,000 BBLS • USD$ 1.00/BBL SELLER SIDE
• USD$ 1.00/BBL MIDDLE SIDE
4 LNG MIN : 50,000 MT USD$450.00/MT USD$455.00/MT • USD$ 5.00/MT BUYER SIDE
MAX : 200,000 MT • USD$ 5.00/MT SELLER SIDE
• USD$ 5.00/MT MIDDLE SIDE
 CIF ASWP ESCROW PROCEDURE

1. Buyer sends LOI and Seller sends FCO.

2. Buyer returns back with an ICPO.
3. Seller sends CI, CIS, MOU and cc all the parties involved.
4. Buyer returns the signed CI, CIS, MOU and cc all the parties involved.
5. Buyer and seller signs an escrow agreement provided by the escrow attorney .
If we must allow buyer to use there escrow attorney , all the following must be
accepted
1. The escrow attorney must be from any of these countries Si ng ap or e, UK, Poland,
Mexico, USA and Germany
2. We need all the details of the escrow attorney below
a. escrow attorney Name
b. Telephone Number
c. Website(if any)
d. Email address that will be used for the transaction
e. Contact Person
3. Once we approve the escrow attorney the buyer will be responsible to pay the
escrow fee.
4. All correspondence between the escrow attorney during the escrow stage must be via
email and we the seller must be on the cc at all times or we are at liberty to back
off the deal at anytime a correspondence is made to the escrow attorney by the
buyer without us on the cc.
5. The buyer will have to be responsible for requesting the escrow agreement from the
escrow attorney with the seller on cc as stated in point 3 above.
If all the points above is agreed and accepted by the buyer then we can proceed with
the transaction.
6. Buyer make a 2% payment of the product to the escrow attorney account and seller
makes a 2% performance bond payment also to the escrow attorney account to guarantee
both parties of 100% performance.
7. Seller issues the following documents
a. Copy of license to export
b. Copy of Approval to Export
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

8. Seller proceed with the delivery of the product to the buyer destination port and
sends the NCNDA/IMFPA for all the mandates to sign.
9. Buyer proceed with the confirmation of the product documents, quantity and quality as
per the signed agreement at the port.
10. After successful confirmation of the above-mentioned, the buyer instructs the escrow
attorney to release the 2% payment of the product and 2% PB to the seller.
11. Buyer pays 98% balance of the product to the seller nominated account. Seller pays
all mandates/intermediaries in the transaction according to the signed NCNDA/IMFPA .
Seller and buyer decides to sign a 12 month contract.

NOTE: If the seller doesn't perform according to the procedure and agreement in the CI
and MOU, the escrow attorney will release the seller 2% PB held in their escrow account
to the buyer and vice versa.

TANK EXTENSION OIL & GAS FOB ESCROW PROCEDURE

1. Buyer sends LOI and Seller sends FCO.

2. Buyer returns back with an ICPO.

3. Seller sends CI, CIS, MOU and cc all the parties involved.

4. Buyer returns the signed CI, CIS, MOU and cc all the parties involved.

5. Buyer and seller signs an escrow agreement provided by the escrow attorney/lawyer .

If we must allow buyer to use there escrow attorney/lawyer , all the following must be
accepted

1:The escrow attorney/lawyer must be from any of these countries Singapore, UK, USA,
Poland, Mexico and Germany.

2: We need all the details of the escrow attorney/lawyer below

a. escrow attorney/lawyer Name
b. Telephone Number
b. Website(if any)
c. Email address that will be used for the transaction
d. Contact Person

3: Once The Seller approve the escrow attorney/lawyer the buyer will be responsible
to pay the escrow fee.

4: All correspondence between the escrow attorney/lawyer during the escrow stage must
be via email and we the seller must be on the cc at all times or we are at liberty to
back off the deal at anytime a correspondence is made to the escrow attorney/lawyer
by the buyer without us on the cc.

5: The buyer will have to be responsible for requesting the escrow agreement from the
escrow attorney/lawyer with the seller on cc as stated in point 3 above.
 If all the points above is agreed and accepted by the buyer then we can proceed with the
transaction.

6. Buyer makes payment of five (5) days seller tank extension (US$400,000.00) to an
Escrow attorney/lawyer account as their commitment to the deal to enable the seller
proceed with the injection of the product into the buyer tank which is deducted from the
total amount of product and seller makes a 2% performance bond payment also to the Escrow
attorney/lawyer account to guarantee both parties of 100% performance.

7. After we confirm receipt of the payment by the escrow attorney/lawyer, within 24

hours we issue to the buyer :
- Certificate of Origin
- Commitment letter to supply
- Statement of Availability of product,
- Product Passport (Lab Analysis),
- Fresh SGS report not older than 48 hours,
- Injection Report,
- Reservoir Storage Receipt with GPS Coordinates of where the Tanks are located ,
- Authorization to Sell,
- Authority to Verify (ATV) (to be filled & endorsed for buyer’s SGS Dip-Test personnel
& their Passport copies)
- Injection Schedule and NOR to Inject the product into the buyer tanks or vessel
alongside with the NCNDA/IMFPA for all the mandates to sign.

8. Buyer provides us with an ATI to proceed with the injections. After the complete
injection of the product into the buyer tanks or vessel, the buyer conducts their own
dip test on the product by SGS to confirm the Q&Q of the product for the final time.

9. Upon the successful dip test on the product, buyer pays the balance of the total
amount of the product by MT103/TT within 24-48 hours after the verification of the
product.

10. Upon confirmation of the buyer payment of the product, seller pays all mandates and
intermediaries involved in the transaction as per the NCNDA/IMFPA within 24-48 hours.

11. Within 24-48 hours seller issues all the documents of the product (POP) to the buyer
secure email then seller and buyer negotiates and decides whether to sign a 12month
contract with possible R&E.

NOTE : If the seller doesn't perform according to the procedure and agreement in the CI
and MOU, the escrow attorney will release the seller 2% PB held in their escrow account
to the buyer and vice versa.

We really appreciate your decision to immediately issue an Irrevocable Corporate Purchase

Order (ICPO) as a form that your company agree with the procedures, terms and conditions, and
price that we have written in this Soft Corporate Offer (SCO).
Your company will contract directly with ATLANTIS COMMODITIES TRADING UK LTD through PT. BUMI
MEGAH JAYA INDO.
We looking forward to have a good working relationships with your esteemed company.
Thank you very much for your kind attention and cooperation.

Best regards,
PT. BUMI MEGAH JAYA INDO