WE ARE A SUPPLIER OF PETROLEUM PRODUCTS DIRECTLY FROM REFINERY RELATED JP 54, D2 GAS OIL , M100 MAZUT RBCO BLEND CRUDE OIL

1. BET.ENST.SANAYI VE TIC.LTD REG ICOC No:284471 1992
Petroleum Products Energy Oil & Gas Business , Investment Projects and Worlwide Logistics
34722 Dr.Fahrettin Kerim Gokay Caddesi 174/3 Kadikoy Istanbul / TURKIYE
Ref.: TR/YSA992204F2015
TO : END BUYERS
Issued : 24.04.2015
Validity:30.05.2015
SCO
We hereby confirm that the producer/ Refinery End Seller with full corporate and legal responsibility,under
penalty of perjury is ready,willing and able to enter intco terms contract with Principal Buyers for the commodity
referenced in this SCO, the terms and conditions set forth below and limited to a signed Contract.
TRANSACTION CONTRACT / SPOT, CIF,FOB,’’ASWP’’
JP54 AVIATION KEROSENE Colonial Grade 54 ( JP54)
Origin : Russian Federation Specification Standard
PRICE : CIF USD 58.00 Gross/usd 54.00 Net/BBL ROTTERDAM
Quantity : 1,000,000 (One million) Barrels as a “Trial Lift”
2.000,000 Barrels upto 5MBBLS x12 per Month for a12. R&E
D2 Gasoil L-0.2-62 GOST 305-82
PRICE : CIF USD 460 Gross /USD 450.00 Net per MT FOB 430 usd/MT 420
QUANTITY: MIN :100.000 MT Liftable MAX:300.000 MT/MONTH
M100 Mazut M100 GOST 10585-75
PRICE CIF USD310.00 GROSS/USD300.00 Net per MT CHINA
QUANTITY MIN:100.000 MT MAX:300.000 MT/MONTH
RUSSIAN BLEND CRUDE OIL ( RBCO ) OIL GOST 9965-76 /51858-2002 ASWP
PRICE CIF USD 58.00 Gross/USD 54.00 Net per BBL CIF ASWP
QUANTITY 1000.000 BBLS Liftable X 12 Months
Payment Terms : To be agred by Seller and Buyer
Inco Terms : FOB/CIF ASWP
Inspection : SGS or Equivalent
Comm Structure : % 50+50 Seller Group Closed Buyer Group open
FIRST COME FIRST SERVED
PROCEDURES : Non Negotiable procedure except price
1.The Buyer issues an Irrevocable Corporate Purchase Order (ICPO) and sends it via electronic mail to the
Seller alongside with the following Documents;
a-Buyer Passport Copy b-- Company Profile
2.Seller issues the Draft Contract for the Buyer’s signatory. The Draft Contract
must be duly endorsed and returned alongside with the Official Letter of Acceptance
by the Buyer.
3.Seller release the Partial POP Documents to the Buyer via E-mail as follows;
a.Approval to Export,
b.Availablity of product
c.Certificate of Origin,

2. d.Analysis Report by SGS or Equivalent (Q&Q),
e.Commitment to Supply,
f.Commercial Invoice,
4.Upon the receipt of the Partial POP Documents as advised above, the Buyer’s Bank issues an Irrevocable,
Non Transferable, Confirmed, MT799, SBLC,MT103, - Verbiage “Appendix A” in favour of the Seller as
guarantee of payment for Good supplied, covering the one-month delivery as per the Commercial Invoice.
5.Within 48 hours after the receipt and confirmation of the Payment Instrument, the lifting commences
and the Seller’s Bank shall swift the Full POP Documents to the Buyer’s Bank alongside with the 2%
Performance Bond (PB), in case of delivery failure by the Refinery and the 2% of the Cargo worth will be
paid to Buyer.
6.Buyer pays via T/T (MT103) CIF Wire Transfer upon the arrival of the cargo and after Inspection at
discharge port.FOB buyer pays after Dip Test and during loading .
7 Seller will release payments to the intermediaries involved within 48 hours of receiving the payment for
the product from the Buyer’s bank
Req.documents;
ICPO ,CP and Passport copy of Buyer on official company letterhead with the quantity needed,
ICPO should be executed by the buyer chairman with hard/wet sign and seal by making PDF >> for DD .
not acceptable an arranged ICPO through Agent/Brokers
Along side ICC/NCNDA/IMFPA has to be enclosed to the documents as a part of SPA
ICPO should be addressed >> To : End Seller TNKHK PJSC ‘’ Att.CEO Mr.Y.Misharin Via : Türkont Energy Ltd
Sincerely ,
Capt.Ismet ATES
Chief Executive
TURKONT BET.ENS.SAN.TIC.LTD
W.Petroleum Products onBusiness
34722 Kadikoy - Istanbul / TURKIYE