Valle Comércio e Exportação e Serviços Ltda.

COMPLETE COPERED OFFER We at “VALLE COMERCIO E SERVIÇOS LTDA, in partnership with a PETROLEO refinery located in RUSSIA, with legal responsibility under penalty of perjury, have confirmed Availability and ability to supply the products on the list for immediate cash and contract sales. The supply is guaranteed to meet the Specification and pass the strict requirements of SGS or its Equivalent. The financial statement of the buyer's bank clarifying the buyer's financial standing will be necessary to consider buyer's negotiations. Only direct negotiations by the representative of the final buyer and mandates will be considered. ORIGIN: RUSSIA DELIVERING : CIF/FOB INCOTERMS: COST INSURANCE AND FREIGHT LOADING PORT: NOVOROSSIYSK, NOVOROSSIYSK / PRIMORSK / VLADIVOSTOK / ROTTERDAM & HOUSTON PORTS PAYMENT TERMS:SBLC, T/T WIRE TRANSFER & MT103 INSPECTION: SGS INSURANCE: PAID BY SELLER COVERING 110% OF THE SHIPMENT VALUE RUSSIA ORIGIN DIESEL GAS D2 OIL GOST 305-82 Minimum Quantity: 10,000 Metric Tons per Month Maximum Quantity: 500,000 Metric Tons per Month CIF Price: Gross USD $ 210.00MT NET / USD $ 200.00MT on CIF FOB Price: Gross USD $ 200.00MT NET / USD $ 190.00MT on FOB/Novorossiysk/Rotterdam RUSSIA ORIGIN MAZUT M100 GOST -10585/75/99 Minimum Quantity: 10,000 Metric Tons per Month Maximum Quantity: 500,000 Metric Tons per Month CIF Price: Gross USD $170.00/ USD $ 160.00 NET on CIF FOB Price: Gross USD $160.00 / USD $150.00 NET on FOB/Novorossiysk/Rotterdam. RUSSIA ORIGIN AVIATION KEROSENE COLONIAL GRADE 54 JET FUEL Minimum Quantity: 500,000 Barrels per Month Maximum Quantity: 5,000,000 Barrels per Month CIF Price: Gross USD $ 25.00BBL NET/ USD $27.00 NET on CIF FOB Price: Gross USD $ 25.00BBL NET / USD $25.00 NET on FOB/Novorossiysk/Rotterdam VIRGIN FUEL OIL D6 Minimum Quantity: 400,000,000 Gallons per Month Maximum Quantity: 800,000,000 Gallons per Month CIF Price: Gross USD $ 0.64 / USD $ 0.62 NET on CIF FOB Price: Gross USD $ 0.62 / USD $0.60 NET on FOB/Novorossiysk/Rotterdam RUSSIA EXPORT BLEND CRUDE GOST 51 858-2002 / GOST 9965-76 Minimum Quantity: 10,000 Barrels per Month Maximum Quantity: 3,000,000 Barrels per Month CIF Price: Gross USD $31.00 / USD $ 29.00 NET on CIF FOB Price: Gross USD $29.00 / USD $ 27.00 NET on FOB/Novorossiysk/Rotterdam. LIQUIDIFIED PETROLEUM GAS. GOST 20448-90 Minimum Quantity: 10,000 Metric Tons per Month Maximum Quantity: 1,000,000 Metric Tons per Month CIF Price: Gross USD $ 180.00MT / USD $ 170.00MT NET on CIF FOB Price: Gross USD $ 170.00MT / USD $ 160.00MT NET on FOB/Novorossiysk/Rotterdam. LIQUEFIED NATURAL GAS (LNG) LIFTABLE QUANTITY Minimum Quantity: 100,000Metric Tons Per Month Maximum Quantity: 400,000Metric Tons Per Month CIF Price: Gross USD $180.00/ USD$170.00 NET on CIF FOB Price: Gross USD$170.00/ USD$160.00 NET on FOB/Novorossiysk/Rotterdam RÚSSIA ORIGEM DIESEL GAS D2 OIL GOST 305-82 Quantidade mínima: 10.000 toneladas métricas por mês Quantidade máxima: 500.000 toneladas métricas por mês Preço CIF: Bruto de US $ 205,00MT NET / US $ 195,00MT em CIF Preço FOB: USD $ 195,00MT bruto NET / USD $ 185,00MT em FOB / Novorossiysk / Rotterdam RÚSSIA ORIGIN MAZUT M100 GOST -10585/75/99 Quantidade mínima: 10.000 toneladas métricas por mês Quantidade máxima: 500.000 toneladas métricas por mês Preço CIF: Bruto de US $ 175,00 / US $ 165,00 LÍQUIDO em CIF Preço FOB: Bruto de US $ 170,00 / US $ 160,00 LÍQUIDO em FOB / Novorossiysk / Rotterdam FUEL OIL CST-180 Minimum Quantity: 10,000 Metric Tons per Month Maximum Quantity: 500,000 Metric Tons per Month CIF Price: Gross USD$190.00/ USD$180.00 NET on CIF FOB Price: Gross USD $180.00/ USD $170.00 NET on FOB/Novorossiysk/Rotterdam UREA 46% PRILLED & GRANULAR (RUSSIAN ORIGIN) Minimum Quantity: 10,000 Metric Tons per Month Maximum Quantity: 50,000 Metric Tons Month CIF Price: Gross USD $ 150.00 / NET USD $ 140.00 on CIF FOB Price: Gross USD $ 140.00 / NET USD $ 130.00 FOB/Novorossiysk/Rotterdam. SULPHURGRANULAR Minimum Quantity: 50,000 metric tons per month Maximum Quantity: 500,000 metric tons per month CiF Price: Gross USD $160 /NET USD $150 on CIF RUSSIA ORIGIN JET A1 FUEL Minimum Quantity: 500,000 Barrels per Month Maximum Quantity: 5,000,000 Barrels per Month CIF Price: Gross USD $ 32.00BBL NET/ USD $28.00 NET on CIF FOB Price: Gross USD $ 28.00BBL NET / USD $24.00 NET on FOB/Novorossiysk/Rotterdam DIESEL GAS OIL ULTRA-LOW SULPHUR DIESEL Minimum Quantity: 100,000 metric tons Maximum Quantity: 300,000 metric tons CIF price: GROSS USD $248.00 MT NET: USD $ 238.00 MT FOB Price: GROSS USD $ 238.00 MT NET: USD $ 228.00 M PETROLEUM COKE Minimum Quantity: 50,000MT per Month Maximum Quantity: 400,000MT per Month CIF Price: USD $ 53.00MT/USD $ 43.00 NET on CIF LIGHT CYCLE OIL(LCO) Minimum Quantity: 50,000 MT per Month Maximum Quantity: 400,000 MT per Month CIF Price: USD $ 203.00MT/USD $ 193.00 NET on CIF OTHER PRODUCTS BITUMEN GRADE60/70 AND 80/100: PRICE CIF ASWP: GROSS $275/NET $265 PRICE FOB ASWP: GROSS $265/NET $255 GASOLENE 89 OCTANES PRICE CIF ASWP: GROSS $205/NET $195 PRICE FOB ASWP: GROSS $195/NET $185 TRANSACTION WORKING PROCEDURE FOB 1. Buyer accepts seller working procedure and issue ICPO addressed to the End seller via Seller's representative. 2. Seller issues commercial invoice (CI) and Buyer signs and returns back commercial invoice along with Buyer’s Tank storage agreement (TSA). 3. Seller provide buyer with the below listed PPOP. A. Product Passport (product analysis report) B. Authorization to verify(ATV) via email or call C. Tank Storage Receipt (TSR) E. Tank to Tank Injection Agreement (TTIA) to be signed by all parties. 4. Seller provides buyer with SGS report, Injection Report, unconditional DTA 5. (NCNDA/IMFPA) will be signed, buyer within 24 hours after successful dip test in seller tanks provide tank storage receipt (TSR) seller proceed for Tank to Tank injection and provide buyer with the injection report of the product into buyer tanks. 6. Buyer makes payment for total cost of product injected into buyer tanks via MT103, Seller transfer title ownership to buyer with all exportation documents required of buyer for the transaction. 7. Upon conclusion of first lift transaction, seller pays all intermediaries involved in the Transaction and proceeds with the signing of contract with Buyer . TANK TO VESSEL / DIP & PAY 1. Buyer issues official ICPO addressed to the refinery or representative. 2. Seller issues Commercial Invoice (CI), buyer signs and returns the signed invoice to seller. 3. Seller issues to buyer the partial proof of product documents: a. ATSC - Authority to sell and collect b. DTA - Dip Test Authorization c. PRODUCT PASSPORT - Product analysis report from a renowned inspection company. d. STATEMENT OF PRODUCT AVAILABILITY DULY SIGNED AND NOTARISED BY THE APPROPRIATE AUTHORITIES. e. COMMITMENT LETTER TO SUPPLY f. ATV – Authority to verify the existence of product from the storage company. 4. Buyer extend seller’s tank and dip test is conducted immediately with buyer’s team to obtain fresh SGS report. 5. After successful Dip Test in Seller’s tanks, Buyer takes over seller’s tank or Seller injects into buyer’s vessel / Tank and buyer conducts its own DIP TEST Inspection for Q & Q of the Petroleum Products aboard vessel / Tank. 6. Buyer after successful Q &Q Dip test on the product, buyer makes the payment for the total value of product injected into the tanks through the means of MTI03 - TT. 7. Upon seller receives the payment for the product from the buyer, seller issues to buyer the Title ownership of the product and all exporting document of the Product. Seller pays all intermediaries involved in the transaction. CIF ASWP APPROVED STANDARD BANKING WORKING PROCEDURES 1. Buyers issues Irrevocable Corporate Purchase Order (ICPO) addressed to the Seller Refinery along with company profile and buyer passport. 2. Seller issues the draft SPA for buyer's review and signing 3: Seller legalizes and registers the contracts with insurance company and notarize it with the appropriate Authorities of the ministry of energy along with the below PPOP document. o Product Quality Passport-Quality Certificate. . o Certificate of Product Origin. o Product availability o Commitment letter to supply the product from Ministry of Energy. o) [ATSC]. 4. Buyer’s bank in accordance with seller’s verbiage shall issue SBLC/DLC within six (6) working days for first shipment’s value to seller’s financial bank to enable seller commence loading of product with the shipping company. seller to finalize loading within six (6) working days. But if buyer fails to issue SBLC/DLC within six (6) working days, as an alternative provision buyer pays $250,000 directly to the shipping company via MT103 as transaction guarantee which will be deducted from the product’s invoice value of product at destination port 5 . Buyer’s bank in accordance with seller’s verbiage shall issue SBLC/DLC within six (6) working days for first shipment’s value to seller’s financial bank to enable seller commence loading of product with the shipping company. seller to finalize loading within six (6) working days. But if buyer fails to issue SBLC/DLC within six (6) working days, as an alternative provision buyer pays $250,000 directly to the shipping company via MT103 as transaction guarantee which will be deducted from the product’s invoice value of product at destination port. 6. After confirmation by seller’s bank, seller at own expense, charters with shipping/logistic company and alert buyer on shipment ordered graphic/schedule accompanied with submission of nominated Vessel details to buyer. 7. Seller’s bank responds with contractual operative 2% PB and full POP to buyer’s bank within seventy - Two (72) hours since buyer’s instrument confirmed by seller’s bank a) Copy of the Port Storage Agreement. b) Copy of the CPA, to Transport the Product to Discharge Port. c) Vessel Q88. d) Original BL (full set). e) Copy of SGS Report. 8. Upon successful product confirmation against SGS/CIQ Report of Quality and Quantity at destination port, buyer makes payment by MT103. 9. Seller and buyer, within seventy-two (72) hours, seller pays commissions to seller side and buyer pays buyer side intermediaries involved in the transaction.