NEW2017 JET A-1 & D2 Soft Offer - 1,000,000 Barrels per month each - Origin USA Refinery - FOB Houston

_______________________________________________________________________

Chile, Aug’27, 2017

SCO Jet Fuel A-1 & D2

USA

We have the pleasure to inform you that our group have negotiated this excellent option related to Jet A-1 & D2

USA / Refinery is R, W and A to advance in faster terms to Draft Contract after receive & approve ICPO. Available order over 1,000,000 Barrels monthly upon Buyer & Seller definition.

ATT: BUYER

SOFT CORPORATE OFFER

We, "SELLER GROUP – REFINERY from USA" Under penalty of perjury, hereby confirm with full corporate responsibility that we are ready, willing and able to supply the product commodity under the following terms and conditions.

TRANSACTING TERMS

ORIGIN: Houston Texas, USA

QUANTITY: 1,000,000 Barrels of A-1 Jet Fuel and 1,000,000 Barrels of D2, respectively.

LENGTH OF CONTRACT: One Year (12 Monthly Shipments) with possible year-end renewal.

DELIVERY: Specify how many Vessels per Shipment

SPECIFICATIONS: Please see attached Specifications.

PRICE: US$ 65 p/Barrel (+/-) JET A-1 Fuel

US$ 68.5 p/Barrel (+/-) Diesel D2 - Low Sulfur

Price will be revised and informed each Monday in order to advance in coordinated form with Market terms.

PAYMENT TERMS: Specified below

DELIVERY TERMS: 15 days upon receipt and acceptance of financial procedures to Seller´s Bank.

INSPECTION By SGS or equivalent at loading port at Seller´s expense.

(All Costs at loading Port are at Seller´s expense. All Costs at unloading port are at Buyer´s expense.

PRELIMINARY PROCEDURES FOR PAYMENT AND TRANSACTION

1.- Buyer issues ICPO or LOI with Full Banking disclosure and Bank Letter of Credit, issued by Top Tier World financial Institution. Seller review LOI and ALL Documents and upon acceptance, issues a DRAFT CONTRACT for the Buyer to review and accept.

2.- After Buyer signs and seals the DRAFT CONTRACT and agrees with terms, return the contract to Seller and adds their FULL Banking coordinates confirming all information needed, including Storage Tank Agreement.

3.- After ALL negotiations and discussion between both parties have reached a common arrangement, the Seller issues final copy of MAIN AGREEMENT for final signing and sealing by Buyer.

4.- After the Contract is signed & sealed by both parties and ALL Banking procedures are ready, Seller issues a 2% Performance Bond towards the Buyer to activate the Letter of Credit and other necessary documentation

5.- Finally the delivery and shipments of product can commence after all procedures between both parties are authorized as per the Contract along with agreed to specified terms and conditions.

Valid from 25th Aug, 2017

Valid Until: Sep, 01 2017

Full Specifications UPON request..

This representation is made with full corporate authority and responsibility of the above..

Best Regards,

Luis O. Benavente

CORPORATE ITC

Phone: +56 9 71572892