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Soft Corporate Offer valid till 22nd of November 2016

Energy Oil drilling untitled

Soft Corporate Offer 030916

Issue: 3rd of September 2016

Valid till: 22nd of November 2016

In cooperation with our partners, we provide to our existing and potential buyers the following Soft Corporate Offer with given terms and conditions, and confirm our readiness to issue a full Corporate Offer and then straight to Sales Agreement upon acceptance of our term and conditions stipulated herein for the below products:

PETROLEUM PRODUCT AND PRICELIST

FOB INCORTERMS DELIVERY

PRODUCT: D2 Gasoil L-0.2-62 GOST 305-82

QUANTITY: 50,000MT (Trail Shipment) *12 Months

FOB PRICE: USD$320 GROSS / USD$310 NET Per MT.

PRODUCT: Aviation Kerosene Jet Fuel JP54

QUANTITY: 1,000,000BBLs (Trial Shipment) *12 Months

FOB PRICE: USD$ 26 GROSS / USD$ 24 NET Per BBL.

PRODUCT: Mazut M100 GOST 1058-75

QUANTITY: 50,000MT (Trail Shipment) *12 Months

FOB PRICE: USD$ 210 GROSS / USD$200 NET Per MT.

PRODUCT: Liquefied Petroleum Gas GOST 20448-90 (LPG)

QUANTITY: 50,000MT (Trail Shipment) *12 Months

FOB PRICE: USD$260 GROSS / USD$250 NET Per MT

PRODUCT: Liquefied Natural Gas (LNG)

QUANTITY: 50,000MT (Trail Shipment) *12 Months

FOB PRICE: USD$230 GROSS/ USD$220 NET Per MT

PRODUCT: REBCO GOST 9965-76

QUANTITY: 500,000BBLs (Trail Shipment) *12 Months

FOB PRICE: USD$26 GROSS / USD$22 NET Per BBL.

PRODUCT: REBCO GOST 51 858-2002

QUANTITY: 100,000BBLs (Trail Shipment) *12 Months

FOB PRICE: USD$26 GROSS / USD$22 NET Per BBL.

PRODUCT: Virgin Fuel Oil D6

QUANTITY: 100,000,000 Gallons (Trail Shipment) *12 Months

FOB PRICE: USD$0.82 GROSS / USD$ 0.78 NET Per Gallons

Payment: By T/T Wire Transfer & MT103

Inspections: Indigenous Analysis Report or SGS Report

Country of Origin: Russian Federation