DIP & PAY COLONIAL GRADE 54 JET FUEL- FOB ROTTERDAM -Platt Rotterdam Discount minus -3 $USD RUSSIAN AVIATION KEROSENE

Product: AVIATION FUEL KEROSENE 54 - JET FUEL TS1

Price:                   PLATTS NWE MINUS 3 USD BBL FOB ROTTERDAM  NET BUYER

Quantity:            Minimum 2,000,000BBLs, Up to 5,000,000 Barrels per Month x 12 Months

                            with Rolls and Extensions

Delivery:             FOB

Payment:            T/T MT 103

Inspection:         SGS or SIMILAR

TRANSACTION TERMS OF DELIVERY

Delivery Term:  DIP&PAY FOB

Origin: Russian Federation

Loading ports:, Port of Rotterdam,

Payment terms: MT103-T/T Wire Transfer for IMMEDIATE QUANTITY. INSPECTION: SGS or Similar

                 Our Seller as official holder of ATS from Refinery, agrees to sell 2.000.000 bbl up to 5 million bbl monthly x 12 / 60 months of JP54 FOB ROTTERDAM with delivery of the first 2.000.000 bbl Trial Order DIP & PAY on February 09nd,  2017

The price is PLATTS NWE MINUS 4 USD BBL FOB ROTTERDAM for 2 million bbl up to 5 million bbl for

12 months up to 60 months.

For   the   first  2.000.000   bbl ,  t h e  B u y e r   MUST  PAY  a  TOTAL  V A LU E  LI FT A B LE    by MT103 TT  WITHIN 6 HOURS in the bank account   of Seller official holder of ATS from Refinery  .  -AFTER POSITIVE VERIFICATION Q&Q OF JP54 IN SELLER TANKS

PROCEDURE:

1     Buyer send Company Profile to Lukspoint d.o.o .

2    Seller official holder of ATS from Refinery  send Trough Lukspoint d.o.o Proforma

     Invoice: Lukspoint send to Buyer Fee Protection Commissions.

3    Buyer send:

       a. Fee Protection Commissions duly signed

       b. Proforma Invoice , duly signed with his data bank.

     c. TSA with written and signed acceptation by tank farm to receive injection JP 54 after

           positive Dip Test Q&Q.

      d. Buyer's letter authorization use TSA from Buyer with  Seller official holder of ATS from

           Refinery.

4 .  Refinery contact Buyer Tank farm   and awaits confirmation by product injection.

5    Seller send PPOP :

       a.  Injection Reports

       b.  Fresh SGS Report 48hours

       c.  Tank Storage Agreement

       d.  Product Passport, issued by SGS

       e.   DIP TEST AUTHORIZATION  (DTA)

       f.   Port Storage Agreement

       g.   Tank Storage Receipt

6.   Buyer verify the PPOP in the name of the Seller official holder  as for ATS and performs dip

       tests in  Seller's Tank

7      Buyer once has verified that the product is in order in quantity' and quality, must pay within

     max 6 hours  to Seller  with MT103 TT in favor of the Seller's bank account  as pro forma

       invoice signed by the parties  and give his TSR and after the payment verified, Seller send full

       POP starting the injection in the buyer’s tank.

8     once closed with satisfaction the first 2 million bbl we propose to sign contract for 2 million

     bbl up to 5 million bbl for 12 months up to 60 months FOB Rotterdam at a fixed price of

     NWE MINUS 4 USD per  BBL. The payment shall be issued by MT103 within 6 hours upon

      satisfactory SGS Q&Q AT BUYER COST,  after Dip Test IN SELLER TANK and the

       Buyer Bank must issue a Stand By Letter of Credit of the value of one month delivery. This

       Stand By Letter of Credit is considered as a bank guarantee and each vessel must 

       be paid by MT103 to Seller Bank before leaving ROTTERDAM port.

        This Stand By Letter of Credit will be used by the Seller only in case that the Buyer does  not

       pay the loaded  goods.

       note: The payment will be issued by the PRIME INTERNATIONAL  Buyer’s Bank: