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1、IRREVOCABLE CONFIRMED PURCHASE ORDER Date : 13August 2009 To : Lukoil-UralnefteptoductWe, EURO ASIA ENERGY CO. LTD. as funder with full intention to purchase on the following commodity as per the specification and quantity at a price as specified in the foregoing terms and conditions as set forth, h
2、ereunder :COMMODITY : Mazut M100 ( GOST 10585-75) Sulphur 0.5 SPECIFICATION : As in Appendix A PRICE FOR PRINCIPAL BUYER : FOB, RussiaBaltic SeaPort, USD270.00 per Metric Ton (MT)CONTRACT QUANTITY: 600,000MT (50,000 MT x 12 months) SHIPMENT PACKING : In Bulk VESSEL CAPACITY : About 50,000MT per vess
3、el COUNTRY OF ORIGIN : Russian Federation.DESTINATION COUNTRY : PeoplesRepublic of ChinaINITIAL DELIVERY TIME: Within 35 days after sellers receipt of DL/C (Documentary Letter of Credit) INSPECTION AGENT: SGS at Sellers port to be instructed by Buyer. TYPE OF CONTRACT: FOB, BalticSeaPortBILL OF LADI
4、NG: Full set of original Bill of Lading to be presented under the DLC METHOD OF PAYMENT: By Irrevocable, Transferable Documenary Letter of CreditBy signing, Principal Buyer and the Seller are both in mutual understanding and that all other terms are subject to Final Agreement of the Sales Contract.P
5、rocedure:Stage 1:The Buyer supplies formal contract relating to the purchase and sale of the goods. Stage 2:Upon signing of the contract, Seller confirms to the Buyer the fact ofpresence and the arrangement of delivery (conditions of delivery - FOB portBaltic Sea) of fuel oil by presentation of the
6、following documents relating to the existence of fuel oil and arrangement for domestic transportation:1.Contract between OOO Lukoil-Uralnefteptoduct and OOO Ecology Plus. 2. Contract between Lukoil - Resource and OOO Ecology Plus. (These two Contracts are to delivery Mazut to OOO Ecology Plus). 3. T
7、hese Contracts No. 1&2 above to delivery 50,000MT Mazut M100 per month. 4. Contract between OOOEcology Plus and Super Group Purtners, Ltd under FCAconditions by the group of the city of Ufa refineries. 5. The Letter from OOO Ecology Plus to Guarantee the delivery (sale) 50,000MT of Mazut M100per mon
8、th to Super Group Purtners, Ltd. 6. Contract between OOO ReservNefteGasand SAO for transportation the Goods from therefinery to the loading port No.713 dated 09.06.08. 7. The Contract between Super Group Purtners, Ltd. and OOO ReservNefteGas for transportation ofthe Mazut to the port of loading and
9、loading the Goods. 8. Contract between OOO ReservNefteGas and Nord Oil Bunker Ltd 11/06/08 dated 07.06.08 forthe storage and reloading (perevalka).Stage 3:The following documents will to be presented to the Buyer as a proof of product commence todeliver to the Buyer: Copy of the statement of availab
10、ility of the fuel oil Copy of the producer sales contract without financial details Copy of the passport of the deal: Marsh route telegram Copy of the refinery run for the month of delivery Copy of the port storage and loading contractCopy of any issued graphics or preliminary graphics, or tankrecei
11、pt and port contract.Stage 4:Within five banking days the Buyer Bank issues the following paymentinstrument:a) Irrevocable, Revolving Documentary Letter of Credit issued by Shanghai Pudong Development Bank to the Supplier forthe value of the cargo-to-cargo or monthly basis;Banking charges of the Buy
12、ers bank are for the Buyersaccount, Sellers bank - for Sellers account;Accepted on behalf of the buyerAccepted on behalf of the sellerAppendix ARussian Origin MAZUT-100 Specification: GOST 10585-75 COMPONENT RESULT 1. Ash content, not more % 0,14 2. Mass fraction of sulphur, not more % 0,5 3. Temper
13、ature of the flash, not less C in the open crucible C 110 min 4. The temperature of solidification, not higher C 25 5. Kinematics viscosity at 50C 118 max 6. Water content 0.5% 7. Mechanical impurities Lower than 0.1% 8. Acidity Lower than 5 mg KOH/100ml 9. Alkalinity nil 10. Gross Calorific Value K
14、cal/kg / KJ/kg Min9 200/41300 11. Density at 15.0 deg. C Kg/l 0.890-0.920 12. Hydrogen Sulfide Content (H2S) pom 0.5 max 13. Carbon Residua Lower than 7% 14. Vanadium (V) ppm 30 15. Aluminum (Al) ppm 5 16. Silicon (Si) ppm 12 17. Nickel (Ni) ppm 29 18. Aspartames m/m 3.6% 19. Distillation 4 mm Hg Extracted to 760 mm Hg Initial Boiling Point deg. C 216 5% recovered deg. C 259 10% recovered deg. C 310 2 0% recovered deg. C 358 30% recovered deg. C 445 40% recovered deg. C 502 50% recovered
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