Contact: Kenojono@gmail.com

Mazut M-100 Fuel Oil GOST – 10585-99
1Million M.T. x 12 months.

PAYMENT: IRREVOCABLE, TRANSFERABLE, AUTO REVOLVING LETTER OF CREDIT,
WITH VALIDITY FOR THE CONTRACT DURATION (12 + 1), OPENED BY PRIME BANK,
PAYABLE 100% AT SIGHT AT PORT OF LOADING AGAINST PRESENTATION OF SHIPPING
DOCUMENTS



QUALITY: confirmed by SGS



PROCEDURES:

* The buyer issues LOI to the seller according this procedure.

* The Seller issues FCO to the Buyer



o The Buyer signs, seals and returns the FCO and the Buyer issues
Irrevocable Corporate Purchase Order (ICPO) and the Buyer's bank issues
PRE-ADVICE via SWIFT of the availability of bank quarantee.



o Seller sends Draft Contract for review and acceptance, Buyer
returns draft contract to Seller with full information, Seller and Buyer
sign the contract.



o The Seller's bank issues via SWIFT (MT799) Proof of Product (POP)
within (15) Banking day after receiving pre-advice from Buyer's Bank;



o After receiving SWIFT, POP and verification Buyer's bank issues'
Financial Instruments (L/C) for one month value of the commodity from a
mutually acceptable financial institution acceptable to the Seller for a
period of 13 months, as security deposit for the contract, within (10)
banking days.



o Shipments begin as per contract terms.



o Each Party hereto will bear its respective banking costs and charges.