+7 495 205 2238 /+7 965 408 1541

115172, gorod Moskva, ulitsa Narodnaya, d. 14, of. ET/POM/KOM 2/I/2

+7 495 205 2238 /+7 965 408 1541

Date issued: 15.10.2019 TO Valid: 15.12.2019

Ref: 17/40/7100

TO: Buyers /Buyers Mandate’s

SOFT CORPORATE OFFER

We, “LLC GAZ AND NEFT” under penalty of perjury, hereby confirm as seller mandate, with full

corporate responsibility that we are ready, willing and able to supply the product commodity under the

following terms and conditions. The Supply is guaranteed to meet the Specifications and pass through

the stringent requirements of SGS or Equivalent. Financial Statement from the Buyer's bank clarifying

buyer's financial capability will be required to consider buyer's negotiations. Only direct negotiations

from end buyers, representative and mandates will be considered.

PRODUCT

PRODUCT Gas Oil D2 Diesel

GRADE Gost 305-82,

QUANTITY 20,000 - 300,000 MT Per Month x 12 Months

PRICE FOB PRICE - $280 Gross / $260 Net -----CIF PRICE - $300 GROSS/ $290 NET

PRODUCT Ultra-Low Sulphur Diesel

GRADE EN590, 10 PPM, 500 PPM

QUANTITY 20,000 - 300,000 MT Per Month x 12 Months

PRICE FOB PRICE - $270 Gross / $260 Net -----CIF PRICE - $290 GROSS/ $280 NET

PRODUCT Fuel Oil Mazut M100

GRADE GOST 10585-75 & 10585-99

QUANTITY 20,000 - 300,000 MT per Month x 12 Months

PRICE FOB PRICE - $180 Gross / $170 Net-----CIF PRICE- $200 GROSS/ $190 NET

PRODUCT Russian Export Blend Crude Oil (REBCO)

GRADE GOST 51 858-2002

QUANTITY 500,000 – 3,000,000 Bbl. per Month x 12 Months



+7 495 205 2238 /+7 965 408 1541

PRODUCT Aviation Kerosene

GRADE Jet A, Jet A1 & TS-1



PRODUCT Aviation Kerosene Jet Fuel

GRADE JP54



PRODUCT Liquefied Petroleum Gas (LPG)

GRADE GOST 20448 – 90

QUANTITY 50, -000 - 300,000 MT per Month

PRICE FOB PRICE - $280 Gross / $270 Net -----CIF PRICE $300 GROSS/ $290 NET

PRODUCT Liquefied Natural Gas (LNG)

GRADE GOST 5542-87

QUANTITY 50, -000 - 300,000 MT per Month

PRICE FOB PRICE - $290 Gross / $280 Net -----CIF PRICE $310 GROSS/ $300 NET

PRODUCT Fuel Oil Virgin (D6)

GRADE GOST 5542-87

QUANTITY 200,000,000 GALS – 800,000,000 GALS per Month

PRICE FOB PRICE - USD 0.66 Gross / 0.60 Net -----CIF PRICE $70 GROSS/ $67 NET

PRODUCT RUSSIAN LIGHT CIRCLE OIL (LCO)

QUANTITY 20,000 MT – 200,000 mt Per month X 12


PRODUCT East Siberia-Pacific Ocean (ESPO) Blend

GRADE ESPO


+7 495 205 2238 /+7 965 408 1541

QUANTITY 500,000—3,000,000 Bbl per Month

PRICE FOB PRICE - USD 40 Gross / 37 Net -----CIF PRICE $42 GROSS/ $40 NET

TERMS OF TRANSACTION: DELIVERY TTO & FOB ANY SAFE WORLD PORT

PAYMENT

TERM

MT 103, TT WIRE, SBLC

ORIGIN Russian Federation

INSPECTION Any Universally Accepted Q&Q Inspection Company

COMMISSION To be shared 50% each by both sides

PROCEDURES:

NON-NEGOTLABLE TRANSACTION PROCEDURES FOR

FOB ROTTERDAM PORT:

1. Upon acceptance of seller's Offer, buyer issues Purchase Order

(ICPO) and Tank Storage Agreement.

2. Upon acceptance of buyer ICPO/TSA, Seller issues Commercial

Invoice/ICC Warning Letter for buyer's review and signing.

3. Buyer signs the commercial invoice and returns to seller, the

signed CI/ICC Warning Letter, seller issues the POP Documents as

shown below:

- Product Passport Report

- Ullage Report

- Clean–on–board Ocean Bill of Lading/Q88

- Export License

- Cargo Manifest

4. Buyer conducts due diligence on the arriving loaded vessel

and upon satisfaction buyer/Or its assignee issues an


+7 495 205 2238 /+7 965 408 1541

acceptance letter confirming its readiness to secure, and

provide its storage tank facility details within 72hours

(Maximum) seller and buyer make payment to buyer

provided tank farm, seller paid for 3days and buyer paid

4days to complete the tank Receipt valid 7days. NOTE:

Storage tanks details which must include the following for

seller confirmation of buyer tank farm readiness to receive

the cargo quantity.

- TANK RECEIPT valid for 7days (Minimum)

- Notice of Readiness issued by Storage Tank Company

- AUTHORITY LETTER TO VERIFY / INJECT

5. Upon vessel arrival at Buyer’s nominated port, Vessel Captain shall

issue ATB to buyer’s supper cargo and inspectors inviting them to

board the loaded vessel for Q and Q. * NCNDA/IMFPA is signed by

the involved parties.

6. Upon successful Q and Q including Dip Test, BUYER pays for product

by Wire Transfer / Swift MT-103 into the Seller’s account.

7. Seller releases original POP documents in buyer’s name and

Trans-loading commences. Seller pays commissions to all

intermediaries, Both Parties proceed with the signing for a 12

Months FOB Rotterdam contract upon completion of the first

trial order.

TANKER TAKE OVER PROCDURES :

http://www.gazprom-neft.com/



+7 495 205 2238 /+7 965 408 1541

1. Buyer issues an official ICPO inserting seller’s terms and

procedures.

2. Seller issues MOU TITLE TANKERTAKE OVER and commercial Invoice for the product quantity on board, buyer endorses and sends back with NCNDA/IMFPA.

3. Seller issues the POP documents as listed below:

A. Declaration of product ownership

B. Analysis test report

C. Certificate of Origin

D. Bill of Lading

E. Ullage Report

F. Vessel Notice

G. Cargo Manifest

H. Vessel Q8

4. Upon receipt confirmation of the above documents by the buyer,

buyer's shipping agent makes contact with vessel master to verify

POP documents/vessel position.

5. Buyer makes 5%-part payment of the total product value within 48

hours via T/TMT103 to seller’s nominated bank as transaction

guarantee.

6. Upon receipt confirmation of the above payment, seller issues

Approval to export certificate, Export license certificate,

Authorization to board the vessel (ATB) and Dip test authorization

(DTA) and all shipping documents will be re-issued in buyer’s


+7 495 205 2238 /+7 965 408 1541

name and vessel will be sent to the buyer’s discharge port.

7. Upon arrival of the vessel at buyer's discharge Port, buyer pays the

remaining total product value after successful CIQ/SGS or

equivalent inspection via T/T-MT103 and tittle of product ownership transferred to buyer.

8. Seller pays commission to Agencies, Broker and intermediary as per

signed NCNDA/IMFPA.

Best Regards

Mr Dimitriev Oleg Nikolaevih

SKYPE : Cid.1f1457ba6f8b4af

