SOFT CORPORATE OFFER (SCO)

We Kafra Core Oil Trading, the authorized Seller Representative hereby confirms under Penalty of Perjury,
under International Law that we are ready, willing, and able to sell the following commodity as per the
specification and quantity/ price as specified in the terms and conditions stated below.

NOTE: Our prices are highly negotiable. Our standard commission structure is $5 PER MT and $2 PER
BBL. Our Commission structure can also be negotiated between the seller and authorized buyer mandates or
intermediaries.

ORIGIN: KAZAKHSTAN
QUALITY: EXPORT STANDARD

LOADIND PORTS: Rotterdam/ Houston/ Fujairah/ Jurong/ Qingdao

DESTINATION PORTS: ASWP
INCOTERMS: CIF/FOB/TTO
COMMISSIONS: $5 PER MT ($2 PER BBL) PAYABLE BY SELLER
PAYMENT TERMS: SBLC, MT103, T/T
CONTRATUAL PERIOD: SPOT / 12 MONTHS CONTRACT + ROLLS /EXTENTION

TANK-TO-VESSEL INJECTION AGREEMENT (TTVIA)

1. Buyer issues an official ICPO, company registration license, buyer's passport data page and letter of
acceptance to seller's transaction procedure.

2. Seller issues commercial invoice (CI) for the available quantity of product in seller's leased tank to buyer.
Buyer signs and returns the Commercial Invoice along with Buyer's tank storage Agreement (TSA).

3. Seller issues to buyer Tank-to-Vessel Injection Agreement (TTVIA) to be endorsed by both Seller, buyer
and buyer's Logistic Company.

4. Upon returned of the endorsed TTTIA, Seller release to buyer the following PPOP documents.
• Commitment Letter to Supply
• Export License
• Tank Storage Receipt TSR.
• Authorization to Verify ATV (Through call or email).

5. Buyer contact the seller's leased Storage Company to verify the availability of the product and to obtain
access to enable buyer and his inspection team to conduct dip test on the product in the tank, Seller issue
UDTA for buyer to proceed of the dip test upon confirmation of buyer securing legal access to the product.

6. Buyer and his SGS Inspection team conduct dip test on the product in the tank. Upon satisfactory result of
the dip test, Seller's storage Company issue to buyer, the Notice of Readiness (NOR) to inject the product.

Emirates Towers, Level 42, Sheik Zayed Road, Dubai, United Arab Emirates
hh IFZA Business Park, DDP, 22565.001, A2-36458
Email Contact: [email protected]
Tel: +1 (917)-619-2426 - Email: [email protected]
7. Upon completion of the Injection, the Seller releases to buyer the below POP documents.
• Product SGS Report.
• Pipeline Injection Report.
• Authority to Sell and Collect (ATSC)
• Product passport (analysis test report)
• Certificate of Origin
• NCNDA/IMFPA is sign by intermediaries of both seller and buyer.

8. Buyer immediately pays for the total cost of the product value injected into the Tank through MT103 TT
wire transfer. Seller Upon receipt of the payment, pays all intermediaries involve in the transaction. Seller
issues title change/transfer of product to buyer.

DIP AND PAY PROCEDURES FOR FOB

1. Buyer issues ICPO with seller working procedure on it as transaction procedure with banking details,
Buyer passport scan copy and proof of funds.

2. Seller issues the Commercial Invoice (CI) of the product in tanks at port, Buyer signs and returns back
Commercial Invoice to Seller

3. Seller issues to Buyer the below document for verification of the product (PPOP):
. Tank Storage Receipt (TSR)
. Statement of Product Availability
. Authorization to Verify (ATV)
. Dip Test Authorization (DTA) Letter

4. Upon Successful Verification of the PPOP, Buyer contacts seller's Tank Storage Company and requests for
payment invoice. The buyer extends the seller's Tank for 7 days and makes arrangement for Dip Test
Schedule.

5. Upon successful Dip Test in Seller's Tanks, Buyer makes payment for the total cost of product based on the
SGS Report via MT103 and Seller transfer title ownership to buyer and send all exportation documents to
buyer, Buyer lift product into Vessel or completely take over seller's tanks for further product storage.

6. Buyer NCNDA/IMFPA will be signed by all intermediaries involved in the transaction and forward to seller
for endorsement, Seller provides the below documents. Endorsed NCNDA/IMFPA Authorization to Sell and
Collect (ATSC)

7. Buyer gets back to Seller with NCNDA/IMFPA signed by all Group with commission Structure so all
parties can receive their commissions immediately.

8. Seller issues final agreement to Buyer to review contract on R&E Monthly Deliveries,

9. Buyer reviews and approves contract and issued SBLC/ DLC Irrevocable, Non-Transferable, Auto
Revolving for 12 months shipment value, Documentary Letter of Credit for length of Contract and for each
lifting as schedule

Emirates Towers, Level 42, Sheik Zayed Road, Dubai, United Arab Emirates
IFZA Business Park, DDP, 22565.001, A2-36458
Email Contact: [email protected]
Tel: +1 (917)-619-2426 - Email: [email protected]
10. Buyer pays after successful Dip Test by MT103 wire transfer on each Monthly delivery.

11. The Subsequent delivery shall commence according to the terms and conditions of the Contract and Seller
pays

FOB WORKING PROCEDURE

1.Buyer sends ICPO in line with seller working procedures alongside his/her Tank Storage Agreement
(T.S.A.) on receipt and acceptance of Seller's Soft Offer.

2. Seller issues Commercial Invoice (C.I.), Buyer Signs within 24 hours and returns to Seller Within its
validity.

3. Upon receipt and review of the signed C.I., seller issues Dip Test Authorization (D.T.A) to be completed and
signed by buyer in order for Dip Test to be conducted alongside counter signed copies of the C.I;

4. Buyer returns the Dip Test Authorization (DTA) fully completed and signed within its validity and upon
successful review of the completed DTA, seller issues the below full POP documents:
A. Fresh SGS Report (Not older than 72 hours);
B. Product Reservoir Receipt;
C. Accreditation Certificate;
D. Product Passport (Quantity and Quality Analysis);
E. Authorization to Sell and Collect Certificate (ATSCC);
F. Pre-Injection Report (PIR);
G. NCNDA/IMFPA (To be completed by all intermediaries)
H. Certificate of Product Origin;
I. Authority to Verify (ATV) either physically or otherwise.

5. upon receipt and confirmation of the above POP Documents, Buyer provide its testing officials (SGS or
INTERTEK) and the needed test are carried out on the product in seller’s tanks.

6. Buyer upon successful Dip Test makes full payment by MT103 / TT wire transfer for the total product and
Seller pays commission to all intermediaries involved in the transaction within 24 hours after confirmation of
buyer's payment and injection commences immediately;

7. The seller issues a contract for buyer’s desired duration upon successful completion of the trial order.

Emirates Towers, Level 42, Sheik Zayed Road, Dubai, United Arab Emirates
IFZA Business Park, DDP, 22565.001, A2-36458
Email Contact: [email protected]
Tel: +1 (917)-619-2426 - Email: [email protected]
 COST, INSURANCE AND FREIGHT (CIF) PROCEDURE

1. Buyer issue ICPO on their company letterhead, including their banking information and proof of funds.

2. Seller issues Draft Contract (open for any amendments) to Buyer. Buyer signs, seal and returns the Draft
Contract to Seller for final endorsement. Seller gives Partial proof of products.
A. Refinery Commitment to Supply.
B. Certificate of Origin.
C. Statement of availability of product.
D. ATSC

3. Upon examined of seller POP and SGS buyer will make cash deposit of $520,000 (five hundred and twenty
thousand dollars) by TT wire transfer for security guarantee to enable seller charter vessel and commence
shipment, and this payment will be deducted from the Total cost of product after inspection at discharge port,
Seller's Bank issues Full POP Documents to the Buyer's Bank alongside with the 2% Performance Bond (PB)
A. Copy of license to export, issued by the department of the Ministry of Energy, Kazakhstan.
B. Copy of Approval to Export, issued by the Ministry of energy Kazakhstan.
C. Copy of statement of availability of the product.
D. Copy of the refinery commitment to produce the product.
E. Copy of the port storage agreement.
F. Copy of the charter party agreement to transport the product to discharge port.
G. Copy of Vessel Questionnaire 88.
H. Copy of Bill of Lading.
I. SGS Report at loading port.
J. Dip test Authorization (DTA) & ATB
K. NOR /ETA
L. Certificate of Ownership Transfer.
M. Allocation Transaction Passport Code Certificate (ATPCC) by Ministry of Energy.
N. Seller will issue TSR upon successful verification of all documents.

4. Shipment commences as per the signed contract delivery schedule and the shipment should arrive at
Buyer's discharge port within 5-25 days. The SGS inspection will be borne by the Seller at the loading seaport
and Buyer at the unloading seaport.

5. Buyer releases payment to Seller by TT/MT103 upon receipt of the shipping documents and confirmation of
the Q & Q by SGS/CIQ at destination port.

6. Seller pays commission within 48 hours by swift MT103 to all intermediaries as signed NCNDA/IMPFA.

Emirates Towers, Level 42, Sheik Zayed Road, Dubai, United Arab Emirates
IFZA Business Park, DDP, 22565.001, A2-36458
Email Contact: [email protected]
Tel: +1 (917)-619-2426 - Email: [email protected]
 PROCEDURE FOR TANK TAKE OVER (TTO)

1. Buyer issues official ICPO sends ICPO

2. Seller issues MOU

3. Both parties sign an MOU, Commercial invoice, and market rights protection agreement.

4. Upon the receipt of the countersigned MOU from the buyer, seller emails to the buyer the listed documents
A) Certificate of Origin
B) Vessel Questionnaire 88
C) E.T.A (Estimated Time of Arrival) of Vessel
D) Vessel (N.O.R) Notice of Readiness
E) Invoice for 5% PAYMENT

5. Buyer conducts due diligence on the availability of the product inside the vessel and makes payment of 5%
of the master invoice value to the seller fiduciary account via MT103 T/T wire Transfer within 48 hours for
the change of the consignment rights and transfer of title of ownership to buyer's name.

6. Upon Seller receipt of the payment of 5%, Seller shall Transfer Product Title to Buyer's Company name,
reissues all other outstanding documents to the buyer's name and send via swift from seller's bank to buyer's
bank full proof of product.

7. Buyer contact the shipping company to re-direct the route of the vessel Tanker to buyer's destination port.
Upon arrival of the vessel at buyer's discharge port, Seller issues an Authorization for the buyer's
representatives and inspection team to board the vessel and conduct Q&Q Inspection.

8. Upon successful Inspection, buyer makes payment for the product via TT Wire or MT103 to the seller and
takes over the vessel tanker.

9. Seller and Buyer Signs Contract for 12 months' shipment.

10. Buyer issues their Bank Guarantee SBLC MT760/DLC MT700 to seller's Bank to guarantee the monthly
shipments, Seller issues 2% Performance Bond within 3 days for the monthly contract shipments.

11. Monthly shipment commences to the buyer's discharge port as stipulated in the contract

Note: The title takeover payment will be deducted when the buyer is paying for the full product.

Emirates Towers, Level 42, Sheik Zayed Road, Dubai, United Arab Emirates
IFZA Business Park, DDP, 22565.001, A2-36458
Email Contact: [email protected]
Tel: +1 (917)-619-2426 - Email: [email protected]
 PRODUCT NAMES PRICE AND COMMISION

AVIATION KEROSENE COLONIAL GRADE 54 JET FUEL

Origin: Kazakhstan
Quantity: Minimum of 500,000 Barrel/per month and Maximum of 5,000,000 Barrels/ per month
Delivery: F0B
Price: $82.00 Gross / $78.00 Net per Barrel
Commission: USD 2.00 seller side, USD 2.00 Buyer side Per Barrel

AVIATION KEROSENE COLONIAL GRADE 54 JET FUEL

Origin: Kazakhstan
Quantity: Minimum of 500,000 Barrel/per month and Maximum of 5,000,000 Barrels/ per month
Delivery: CIF
Price: $85.00 Gross / $81.00 Net per Barrel
Commission: USD 2.00 seller side, USD 2.00 Buyer side Per Barrel

DIESEL D6 VIRGIN LOW POUR FUEL OIL

Origin: Kazakhstan
Quantity: Minimum of 20,000,000 Gal/per month and Maximum of 200,000,000 Gal/ per month
Delivery: F0B
Price: $0.58 Gross / $0.54 Net per Gal
Commission: USD 0.2seller side, USD 0.2Buyer side Per Gal

DIESEL D6 VIRGIN LOW POUR FUEL OIL

Origin: Kazakhstan
Quantity: Minimum of 20,000,000 GAL/per month and Maximum of 200,000,000 GAL/ per month
Delivery: CIF
Price: $0.62 Gross / $0.58 Net per Gal
Commission: USD 0.2 seller side, USD 0.2 Buyer side Per Gal

JET FUEL A1 91/91

Origin: Kazakhstan
Quantity: Minimum of 500,000 Barrel/per month and Maximum of 5,000,000 Barrels/ per month
Delivery: FOB
Price: $76.00 Gross / $72.00 Net per Barrel
Commission: USD 2.00 seller side, USD 2.00 Buyer side Per Barrel

JET FUEL A1 91/91

Origin: Kazakhstan
Quantity: Minimum of 500,000 Barrel/per month and Maximum of 5,000,000 Barrels/ per month
Delivery: CIF
Price: $78.00 Gross / $74.00 Net per Barrel
Commission: USD 2.00 seller side, USD 2.00 Buyer side Per Barrel

Emirates Towers, Level 42, Sheik Zayed Road, Dubai, United Arab Emirates
IFZA Business Park, DDP, 22565.001, A2-36458
Email Contact: [email protected]
Tel: +1 (917)-619-2426 - Email: [email protected]
DIESEL GAS D2 GOST 305-82
Origin: Kazakhstan
Quantity: Minimum of 10,000 MT/per month and Maximum of 100,000 MT per month
Delivery: FOB
Price: $280.00 Gross / $270.00 Net per Metric Ton
Commission: USD 5.00 seller side, USD 5.00 Buyer side Per Metric Ton

DIESEL GAS D2 GOST 305-82

Origin: Kazakhstan
Quantity: Minimum of 10,000 MT/per month and Maximum of 100,000 MT per month
Delivery: CIF
Price: $320.00 Gross / $310.00 Net per Metric Ton
Commission: USD 5.00 seller side, USD 5.00 Buyer side Per Metric Ton

BASE OIL SN500

Origin: Kazakhstan
Quantity: 10,000 MT/per month/ Maximum of 500,000 MT per month
Delivery: FOB
SN 100 _______$$260 Gross/ $250 Net per MT
BS 150 _______$$300 Gross/ $290 Net per MT
SN 150 _______$$320 Gross/ $310 Net per MT
SN 300 _______$$360 Gross/ $350 Net per MT
SN 500 _______$$380 Gross/ $370 Net per MT

BASE OIL SN500

Origin: Kazakhstan
Quantity: 10,000 MT/per month/ Maximum of 500,000 MT per month
Delivery: FOB
SN 100 _______$200 Gross/ $190 Net per MT
BS 150 _______$290 Gross/ $280 Net per MT
SN 150 _______$310 Gross/ $300 Net per MT
SN 300 _______$340 Gross/ $330 Net per MT
SN 500 _______$360 Gross/ $350 Net per MT

PETROLEUM COKE
Origin: Kazakhstan
Quantity: 10,000 MT/per month/ Maximum of 100,000 MT per month
Delivery: CIF
Price: $160.00 Gross / $150.00 Net per Metric Ton
Commission: USD 5.00 seller side, USD 5.00 Buyer side Per Metric Ton

PETROLEUM COKE
Origin: Kazakhstan
Quantity: 10,000 MT/per month/ Maximum of 100,000 MT per month
Delivery: FOB
Price: $140.00 Gross / $130.00 Net per Metric Ton
Commission: USD 5.00 seller side, USD 5.00 Buyer side Per Metric Ton
Emirates Towers, Level 42, Sheik Zayed Road, Dubai, United Arab Emirates
IFZA Business Park, DDP, 22565.001, A2-36458
Email Contact: [email protected]
Tel: +1 (917)-619-2426 - Email: [email protected]
AUTOMOTIVE DIESEL FUEL EN-590
Origin: Kazakhstan
Quantity: 10,000 MT/per month/ Maximum of 100,000 MT per month
Delivery: CIF
Price: $510.00 Gross / $500.00 Net per Metric Ton
Commission: USD $5 seller side, USD $5 Buyer side Per Metric Ton

AUTOMOTIVE DIESEL FUEL EN-590

Origin: Kazakhstan
Quantity: 10,000 MT/per month/ Maximum of 100,000 MT per month
Delivery: FOB
Price: $480.00 Gross / $470.00 Net per Metric Ton
Commission: USD 5.00 seller side, USD 5.00 Buyer side Per Metric Ton

UREA (PRILLED &GRANULAR)

Origin: Kazakhstan
Quantity: 10,000 MT/per month/ Maximum of 100,000 MT per month
Delivery: CIF
Price: $310.00 Gross / $300.00 Net per Metric Ton
Commission: USD 5.00 seller side, USD 5.00 Buyer side Per Metric Ton

UREA (PRILLED &GRANULAR)

Origin: Kazakhstan
Quantity: 10,000 MT/per month/ Maximum of 100,000 MT per month
Delivery: FOB
Price: $290.00 Gross / $280.00 Net per Metric Ton
Commission: USD 5.00 seller side, USD 5.00 Buyer side Per Metric Ton

LNG, LIQUIFIED NATURAL GAS / LPG

Origin: Kazakhstan
Quantity: 10,000 MT/per month/ Maximum of 100,000 MT per month
Delivery: CIF
Price: $250.00 Gross / $240.00 Net per Metric Ton
Commission: USD 5.00 seller side, USD 5.00 Buyer side Per Metric Ton

LNG, LIQUIFIED NATURAL GAS / LPG

Origin: Kazakhstan
Quantity: 10,000 MT/per month/ Maximum of 100,000 MT per month
Delivery: FOB
Price: $230.00 Gross / $220.00 Net per Metric Ton
Commission: USD 5.00 seller side, USD 5.00 Buyer side Per Metric Ton

Emirates Towers, Level 42, Sheik Zayed Road, Dubai, United Arab Emirates
IFZA Business Park, DDP, 22565.001, A2-36458
Email Contact: [email protected]
Tel: +1 (917)-619-2426 - Email: [email protected]
AUTOMOTIVE GAS OIL/ AGO
Origin: Kazakhstan
Quantity: 10,000 MT/per month/ Maximum of 100,000 MT per month
Delivery: CIF
Price: $200.00 Gross / $190.00 Net per Metric Ton
Commission: USD 5.00 seller side, USD 5.00 Buyer side Per Metric Ton

AUTOMOTIVE GAS OIL/ AGO

Origin: Kazakhstan
Quantity: 10,000 MT/per month/ Maximum of 100,000 MT per month
Delivery: FOB
Price: $190.00 Gross / $180.00 Net per Metric Ton
Commission: USD 5.00 seller side, USD 5.00 Buyer side Per Metric Ton

LIGHT CYCLE OIL (LCO)

Origin: Kazakhstan
Quantity: 500,000 MT / per month / Maximum of 5,000,000 MT per month
Delivery: CIF ASWP
Price: $210.00 Gross / $ 200.00 Net Per Metric Ton
Commission: USD 5.00 seller side, USD 5.00 Buyer side Per Metric Ton

LIGHT CYCLE OIL (LCO)

Origin: Kazakhstan
Quantity: 500,000 MT / per month / Maximum of 5,000,000 MT per month
Delivery: FOB
Price: $180.00 Gross / $ 170.00 Per Metric Ton
Commission: USD 5.00 seller side, USD 5.00 Buyer side Per Metric Ton

KAFRA CORE OIL TRADING

Name: Jose Mateo Eguiguren

Position: Managing Director and CEO

Emirates Towers, Level 42, Sheik Zayed Road, Dubai, United Arab Emirates
IFZA Business Park, DDP, 22565.001, A2-36458
c
Email Contact: [email protected]
Tel: +1 (917)-619-2426 - Email: [email protected]