333-211921

Our Ref.: …………………..

RE42/228277
Your Ref.: ………………….
I s s u e d D a t e : 2 9 / 0 4 / 2 0 2 4

V a l i d f o r O n e M o n t h

TO: End Buyer & Buyer Mandates

SOFT CORPORATE OFFER (SCO)
Together with our business partners, we "SURGE ENERGY" hereby make this legally binding offer, assuming full corporate
responsibility. We also certify that the seller has the ability and desire to supply the goods in accordance with the terms
and conditions outlined above. We attest to and verify that. As per the non-negotiable procedure terms and conditions, we
intend and are able to supply the product mentioned below.

PRODUCT ORIGIN: KAZAKSTAN, EUROPEAN UNION- DENMARK ORIGIN,

NORWAY, NETHERLAND AND SWEDEN ORIGIN
LOADING PORT: ROTTERDAM/HOUSTON/FUJAIRAH/KAZAKSTAN
INSPECTION: SGS or similar any universally accepted Q&Q inspection
company
METHOD OF PAYMENT: MT103, TT WIRE, SBLC, DLC upon product arrival
DELIVERY: CIF & FOB ANY SAFE WORLD PORT Seller’s
COMMISSION: Mandate on Seller Side 50% & Buyer’s Mandate
on Buyer Side – 50% Percent accordingly.
PRODUCT MIN. QTY / MAX. QTY / FOB CIF
MT/BBLS/GAL MT/BBLS/GAL MT/BBLS/GAL MT/BBLS/GAL
PRICE PRICE
LIGHT CYCLE OIL 10,000 MT 500,000 MT $400 Gross/ $410Gross/ $400
(LCO) GOST 56871- $390 Net Net
2023
DIESEL EN590, 10,000 MT 500,000 MT $450 Gross/ $470 Gross/
(10PPM) $440 Net $460 Net
GAS OIL D2 20,000 MT 400,000 MT $480 $490 Gross/$480
Gross/$470 Net Net
VIRGIN FUEL OIL D6 1,000,000 GAL 200,000,000 $0.90 $0.95
GAL Gross/$0.86 Gross/$0.80 Net
Net
AVIATION 100,000 BBLS 10,000,000 $70 Gross/$66 $74 Gross /$70
KEROSENE BBLS Net Net
AVIATION KEROSENE GRADE 54
JET FUEL A1 GOST 10227-
86/AVIATION TURBINE(JPA1) 100,000 BBLS 10,000.000 BBLS $70 Gross/$66 Net $74 Gross /$70 Net
LPG – LIQUEFIED 10,000 MT 500,000 MT $390 $400 Gross/$390
PETROLEUM GAS Gross/$380 Net Net
GOST 20448-90
LNG – Liquefied 10,000 MT 400,000 MT $425 $445 Gross/$435
NATURAL GAS Gross/$415 Net Net
GOST 5542-87
MAZUT M100 10,000 MT 500,000 MT $320 $340 Gross/$330
GOST- 10585-99 Gross/$310 Net Net
CRUDE OIL REBCO 100,000 BBLS 10,000,000 $56 Gross/$52 $58 Gross /$54
GOST 51858- 2023 BBLS Net Net
EAST SIBERIAN 100,000 BBLS 10,000,000 $60 Gross/$66 $64 Gross /$60
PACIFIC BASIN BBLS Net Net
CRUDE OIL (ESPO)
PETROLEUM COKE 10,000 MT 500,000 MT $400 $420 Gross/$410
Gross/$390 Net Net
GRANULAR UREA 10,000 MT 500,000 MT $250 $260 Gross/$250
46% Gross/$240 Net Net

FOB: PROCEDURE NON-NEGOTIABLE

1. Buyer issue ICPO containing the seller's working procedure and banking details
along with buyer’s nominated TSA, company registration certificate.

2. Seller issues a commercial invoice of the product in tanks at the port, buyer sign
and return commercial invoice along with an acceptance letter.

3. Seller issue appointment letter for seller representative to present a fresh SGS
Report of less than 24 hours to Buyers and buyer’s logistics for proper
verification at the buyer’s Tank Terminal buyers’ issue TSR on seller Name to
enable immediate injection upon successful SGS verification seller inspect
buyers Tank for injections.

4. Upon confirmation of successful verification of the SGS Report by the Buyer

company and buyers Tank Farm Company, the Seller issue
a. INJECTION PERMISSION AGREEMENT signed by buyers and buyers Tank
Farm
b. Authorization to sell and collect
c. Commitment to supply
d. Statement of availabilities of product
 5. Upon confirmation of the signed INJECTION PERMISSION AGREEMENT seller
Issue to buyers
a. Fresh SGS report of less than 24 hours on buyer’s company name
b. Q&Q Report. And Injection Report.
c. Authorization to verify physically the product in the sellers’ tank (ATV) d)
Tank Storage receipt TSR

6. Buyer conducts a Dip test on the product in the seller Tank and makes the
payment for the total value of the product via MT103-TT to enable the injection
process into their Nominated tanks

7. Seller pays all intermediaries involved in the transaction and subsequently

monthly shipments continue as per terms and conditions of the sales and
purchase agreement contract between buyer and seller.

FOB PRCEDURE TANK TO VESSEL

1. Buyer issues ICPO containing the seller's procedure with banking details and
scanned copy of buyer's passport International

2. Seller issues Commercial Invoice (CI) for the available products in Tank at the
Port, for Buyer's review and endorsement

3. Seller issues to buyer Tank-to-Vessel Injection Agreement (TTVIA) to be

endorsed by both Buyer and Buyer’s Logistic Company

4. Seller release to Buyer the following PPOP documents:

a. Copy of Tank Storage Receipt (TSR).
b. Copy of Commitment Letter to Supply
c. Copy of Export License
d. Copy of Authorization to Verify (ATV) (call or email)
e. Copy Fresh SGS less than 48 hours

5. Buyer contact the Seller’s Storage Company to verify the availability of the
product and obtain access permit to enable him and his team conduct DIP Test
on the product in the leased Tank.
 6. Seller issues Unconditional DIP Test Authorization (UDTA) for Buyer and his
team for the DIP Test

7. Seller’s storage Company issue to Buyer CPA and the Notice of Readiness (NOR)
to inject the product upon satisfactory result of the dip test

8. Buyer issues Q88 and make available the Vessel for the injection process to
commence as schedule.

9. Upon completion of the Injection, Seller releases to buyer the below POP
documents.
a. Copy of Injection Report.
b. Copy of Authority to Sell and Collect (ATSC)
c. Copy of Product passport (analysis test report)
d. Copy of Certificate of Origin
e. Copy of NCNDA/IMFPA

10. Buyer immediately pays for the total cost of the product value injected into the
vessel through MT103 TT wire transfer.

11. Seller Upon confirmation of the payment, pays all intermediaries involve in the
transaction.

TRANSACTION PROCEDURE: (TANK TO TANK - TANK TO VESSEL)

1. Buyer issues an irrevocable purchase order along with Know Your Customer (KYC)
and Customer Information Sheet (CIS) to the seller.

2. Seller issues a commercial invoice for the immediately liftable commodity to the
buyer.

3. Buyer countersigns the commercial invoice and sends it back to the seller as final.

4. Both buyer and seller sign the escrow agreement via email or at the escrow
attorney office in the USA (optional). Upon signing the escrow agreement, both
parties make a non-performance security deposit equivalent to 5% of the nominal
face value of the commercial invoice to the IOLTA account of the escrow attorney.
The non-performing party forfeits the escrow deposit to the offended party if it
fails to perform its obligation as per the signed commercial invoice.
5. Upon confirmation of the security deposit by the escrow attorney, the seller
provides the following Proof of Product (POP) documents to the buyer:

a. Injection report
b. Tank receipt
c. Unconditional Dip Test Authorization (UDTA)
d. SGS Quality and Quantity report (not more than 48 hours old)
e. Title Transfer Affidavit document
f. Tank storage agreement
g. Certificate of origin
6. The buyer schedules for the dip test at the seller's tank storage and conducts the
quality and quantity inspection. Upon the satisfactory dip-test report, the buyer
pays the seller for the total cost of the product, deducting the 5% security deposit
made to the escrow attorney's account.
7. The seller transfers title to the buyer and injects the product into the buyer's
reservoir or vessel. Necessary documents like the Irrevocable Paymaster
Agreement (IPA) or Tank to tank injection agreement (TTIA) are signed by the seller
and buyer before pumping.

8. The seller pays commissions to all intermediaries within 48 hours after receiving
payment from the buyer.

9. The seller and buyer sign a contract for a 12-month shipment if necessary and
satisfactory.

It is essential to ensure that all steps and documents in the transaction adhere to legal
and regulatory requirements specific to the jurisdictions involved. Consulting legal
professionals experienced in international trade or energy transactions can help
ensure compliance with all relevant laws and regulations.

We appreciate the opportunity to engage in this transaction and look forward to a

mutually beneficial business relationship.

TANKER TAKEOVER (TTO)

1. 1.Buyer issues official ICPO
2. 2.Seller issues MOU
3. 3.Both parties sign MOU,
4. Upon the receipt of the countersigned MOU from the buyer, the seller emails to
the Buyer the listed documents below:
a. Certificate of Origin
 b. Product Passport (Quantity and Quality Dip Test
c. Analysis Report)
d. Bill of Lading
e. Vessel Questionnaire 88
f. E.T.A (Estimated Time of Arrival) of Vessel
g. Vessel (N.O.R) Notice of Readiness
h. Commercial invoice for the payment for the Title Certificate USD150.000

5. Buyer confirms the documents of the goods, and the payment is sent to the seller’s
fiduciary bank account. This stands as an Allocation Security & Guarantee payment
to the seller-nominated bank by T/ T Wire Transfer, which shall be deducted from
the total product payment value of the takeover product within 48 hours.

6. Upon Seller receipt of the payment, the Seller issues all the other POP documents,
Title Certificate, ATB/ATV to enable Buyer to conduct Q&Q Inspection on the
product loaded on the vessel.

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

8. Seller and Buyer Signs Contract for 12 months shipment.

9. Buyer issues their Bank Guarantee SBLC MT760 to seller’s Bank to guarantee the
monthly shipments, Seller issues a 2% Performance Bond within 3 days for the
monthly contract shipments.

TTV TANK TO VESSEL PROCEDURE 2

PROCEDURE (FOB) ROTTERDAM PORT, NETHERLANDS:
1. Buyer submits ICPO, CPA, on receipt of Seller Full Corporate offer.

2. Seller releases Commercial Invoice (CI), buyer sign and return back to seller along
with IMFPA/NCNDA.

3. Seller issue DTA to be endorsed by buyer and buyer’s Vessel or TTVIA (Buyer
financially responsibility to get endorsement by their logistic company on
DTA/TTVIA) without the logistic endorsement the buyer shall be blacklisted

4. Seller within Three days upon receipt of the endorsed DTA releases the following
POP’s:
a. Tank Storage Receipt (TSR) with full info including Terminal, Barcode & GPS
 b. Injection report.
c. Fresh SGS Report less than 48 hours
d. Unconditional DTA on buyer’s name
e. Authorization to verify (ATV)
f. Authorization to Sell and Collect fund (ATSC) g. Commitment to Supply. (CTS)
g. Product passport and analytical report (PP) i. Certificate of origin (COO)
h. Attestation of allocation (AOA)
i. Legalized commercial invoice.

5. Buyer verifies and confirms POP as above & orders SGS to conduct Dip Test of the
product in the seller tanks.

6. Upon successful Dip Test, Seller issues the full injection schedule to the Buyer.

7. Buyer pays total cost of the product via MT 103, against successful Dip Test at
seller’s tank, within 48 hours or buyer will be responsible for each day’s tank
extension cost.

8. Seller transfers to the Buyer TITLE OF OWNERSHIP CERTIFICATE and all other
export documents.

9. Seller pays all the intermediaries involved in the transaction.

Signed:

Ellington Wills
For (General Director)
Surge Global Energy Inc.

E m a i l : C o n t a c t @ s u r g e e n e r g y g l o b a l . o r g