Fuel Oil CST 180,280,380 CIF Unlimited

FUEL OIL - MT Min. Max. Gross. Net. Commision.

FUEL OIL CST 180 - 50,000 500,000 $330 $320 $5 / $5

FUEL OIL CST 280 - 50,000 500,000 $320 $310 $5 / $5

FUEL OIL CST 380 - 50,000 500,000 $310 $300 $5 / $5

Procedures

1. Buyer issues ICPO along with Buyer’s company registration certificate.

2) Seller issues Sale & Purchase Agreement (SPA), Buyer review, amend (if necessary), signs, and return the SPA in WORD format to Seller within seven (7) banking days along with buyer’s Client Information Sheet (CIS) and stating the exact bank issuing the Financial Instrument and the Financial Instrument issuer’s Client Information Sheet (CIS) “if different from the buyer’s company name”. Seller sends Final Approved SPA to Buyer in PDF Format along with the Proforma Invoice for buyer’s issuance of SBLC MT760 / DLC MT700 pre-advice or Ready, Willing and Able (RWA) MT999/199/799 to Seller’s fiduciary bank confirming their readiness and capability to execute the transaction.

3. Buyer sends swift copy of their issued SBLC MT760 / DLC MT700 pre-advice or Ready, Willing and Able (RWA) MT999/199/799 to Seller’s fiduciary bank. Upon confirmation, Seller issues to Buyer via email the following transaction documents (Partial POP): ~ Unconditional Commitment to Supply. ~ Certificate of Analysis (COA) also known as Product Passport. ~ Statement of Product Availability. ~ Commercial Invoice for the total 1st shipment product value.

4. Within seven (7) banking days, Buyer’s bank in accordance with seller’s verbiage issues swift fully funded SBLC MT760 or DLC MT700 to Seller’s fiduciary bank account to cover the 1st shipment total product value and send swift copies sent to Seller to enable seller commence loading of product with the shipping company. Seller’s bank issues 2% PB to Buyer's bank to activate Buyer's financial instrument within seven (7) days. NOTE: If due to any reason buyer can’t issue the SBLC MT760 / DLC MT700 pre-advise or RWA MT999/199/799 in procedure #2, buyer is to request for the Commercial Invoice for the direct issuance of SBLC MT760 or DLC MT700 immediately after signing of the Contract. Meanwhile, the alternate solution to all is to request for invoice and make a REFUNDABLE/DEDUCTIBLE 3%security guarantee deposit of the total 1st shipment value via T/ T Wire Transfer after signing of the contract. Upon confirmation, Seller will proceed straight into shipment and furnish buyer with the FULL POP Documents via bank to bank. The duration of the financial instrument must be more than 366 days.