1. Fuel Oil 100, Type 5, GOST 10585-99, Mazut M100
- QUANTITY: 50 000 MT spot, with 100,000MT per month on contract for 12 months.
- ORIGIN: Republic of Belarus
(registration number BY/11206.01.021 00006 УНП 400091131 -
(registration number BY/11205.01.028 01942 УНП 300042199 -
- LOADING PORT: Port Klaipeda, Lithuania
- DELIVERY: FOB, (Klaipeda, Lithuania) (INCOTERMS-2010); or for CIF (ASWP) average price increase ~30
USD/MT
- PACKING: Bulk
- INSPECTION: SGS, Inspection certificate quality and quantity: will be issue upon each delivery at loading
port before shipment at seller’s expense;
- PRICE (FOB): BASE FOB (Klaipeda, Lithuania):
“Platts European Marketscan” for the position “Fuel Oil 3.5” (Code: PUABC00) under the title “FOB
Rotterdam” (MINUS) five (USD $5.00) US Dollars gross and (MINUS) four (USD $4.00) US Dollars net on
the date of the Bill of Ladding.
- PRICE (CIF): CIF (ASWP) average price increase ~30 USD/MT.
- COMMISSIONS: One (USD $1.00) US Dollars payable in commissions. Sellers side fifty cents (USD $0.50)
US Dollar (CLOSED) and buyers side fifty cents USD ($0.50) US Dollar
- PAYMENT: DLC MT700 (one time transferable. Red line confirming transfer ONLY to end supplier Nobel
Oil); 100% irrevocable; with partial payments allowed, payable at sight.

2. - PERFORMANCE BOND: The Letter of Credit should be issued against the Purchase Order signed by both
Parties and pro-forma invoice signed by authorized signatory of the Seller and shall be effected after the
Seller bank issues and presents one point five percent (1.5 %) performance bond of pro-forma invoice
value (the “Performance Bond”) to the Buyer`s bank. The validity term of the Performance Bond shall be
the same as the term of the issued Letter of
Credit.
- METHOD OF PAYMENT: Buyer will place a letter of credit (LC), that is not encumbered for equal to one
part shipping that will be collateral security for the entire year. This allows the Buyer to pay each
shipment by a MT103 when presented with the proper documents for each shipment. Payments will be
made on a shipment basis, via SWIFT by Buyer's bank to Supplier's bank.
PROCEDURE:
1. Supplier issues and sends Full Corporate Offer to the Buyer.
2. Buyer issues Irrevocable Confirmed Purchase Order (ICPO) with Company Profile (CP). Buyer signs,
attaches a seal to (ICPO) and sends it to the Supplier with the procedures as accepted.
3. Supplier confirms signed (ICPO) and issues Full Corporate Offer (FCO) (signed and attached a seal on
it) for Buyer and sends it to the Buyer. Buyer signs, attaches a seal to (FCO) and returns it to the
Supplier.
4. Supplier confirms signed (FCO) and issues Draft Contract, to Buyer directly which open for
amendments.
5. Buyer return countersigned Contract to Supplier Company with a letter of acknowledgement and
scanned copies of the buyer’s company registration and passport copy of Buyer.
6. The Supplier issues the official report of Partial Proof of Product include following documents:
• Copy of Refinery certificate.

3. • Copy of the Supplier commitment letter with Refinery Registration numbers.
• Copy of quality passport.
• All documents can be checked by Buyer according official reference number.
7. The Buyer's bank issues operative financial instrument LC (Letter of Credit) in the Supplier's Bank and
an address. In the text of the financial instrument must be present clause stating that the instrument is
subject to: (Uniform Customs and Practice for Documentary Credits) – UCP 600.
8. The Supplier issues the Full Proof of Product and send it to the Buyer
9. Supplier delivers the batch of the goods in accordance with the terms of the signed Contract.
10. Within 48 hours of vessel dispatch buyer makes the full payment of the product by MT103 for one
month shipment against documents: SGS quality and quantity inspection at the loading port and full set
shipping documents.o