Mazut Soft Offer As an appointed direct agent to the seller, we confirm that our seller is ready willing and able to supply the commodity as per terms and conditions below: Product: Mazut M100, GOST 10585-75 Origin: Russia Specification: Based on Standard Specification see Appendix %锟?锟? Quantity: 100,000 (One Hundred Thousand) Metric Tons (MT) per Month Multiple contracts are possible. Large allocations are available. DUE TO LOW ORDER RESTRICTIONS OF 250,000 METRIC TON, ORDERS LESS THEN 250K MT WILL BE GROUPED WITH OTHER CONTRACTS SO THE MINIMUM REQUIREMENT IS MET. THIS COULD ADD TIME TO RECEIPT OF YOUR ORDER. Contract Duration: Twelve (12) months with rollovers and extensions as agreed upon by both parties. Extension up to sixty (60) months is possible. Inspection: By SGS or equivalent Survey company (charges paid by Seller) Confirmation: The order is confirmed after the Seller receives and accepts the IRREVOCABLE CONFIRMED PURCHASE ORDER (ICPO) & RWA BANK COMFORT LETTER (BCL) from the Buyers bank. BCL must be signed by two bank officers together with the banks seal, and sent to the Seller. ICPO or LOI with full banking info and soft probe authorization (SPA) may be acceptable. Buyers Documentation: Permit to Import, Signed End User Allocation and Import License from the authorities to enter the Terminal. Other to be determined during negotiation.