Date: 10th November, 2008. To
THE PRINCIPAL BUYER. FORMAL CORPORATE
OFFER
We confirm that, subject to Fulfillment of Procedural Measures, Acceptance of Purchase and Sale
Contract, Payment Instrument, Permits and Permissions from commodity receiving ports relevant
Ministry of Trade or Department of Industry and fulfilling other obligations, that we are ready willing
and able to supply and deliver the following commodity as per the stated in the terms and conditions
below. Product: Russian Gas Oil D2 (GOST 305-82) Origin: Russia. Contract Period: SPOT
Delivery: FOB ROTTERDAM
Price: Fixed price of USD- $ 570 net / $590 gross per Metric Ton
Commissions: 10$ Seller side closed / 10$ Buyer side open
Payment Terms: Conditional MT103 directly to Seller’s designated bank account
for full contract value payable against title & shipping documents
Performance Bond: N/A
Inspection: By SGS
Quantity / Lift Schedule
Spot Ref. Total Quantity Immediate Lift Lift /Month No of Months
1-DD / 11108 20 Million MT 1 Million MT 2 Million MT 10
2-DD / 11108 30 Million MT 1 Million MT 3 Million MT 10
3-DD / 11108 30 Million MT 1 Million MT 3 Million MT 10
4-DD / 11108 30 Million MT 1 Million MT 3 Million MT 10
5-DD / 11108 5 Million MT 500,000 MT 1 Million MT 5
• Lift / Month can be adjusted as per Buyer’s options at higher value but not
lower value.
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