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Dunmore Trust A.S.

ICO: 26105047

South East Asia Office: Bangkok, 10310 Thailand

Reference No.:2011AE0613 Date: June 21, 2011

This Price Validity: 30th JUNE 2011

DEAR SIR, We, SELLER IN JOINT VENTURE/PARTNERSHIP WITH THE REFINERY hereby confirm with full corporate legal Responsibility our readiness, ability and capacity to supply, the commodity as requested according to the terms and conditions: MINIMUM QUANTITY CODE COMMODITY PER MONTH MAXIMUM QUANTITY PER MONTH

1 D2 DIESEL GAS OIL L-0.2-62 GOST 305-82 2 MAZUT M100 GOST 10585-75 1,000,000 MT 500,000 MT 500,000 MT LOWER 500,000 MT 5,000,000 MT 900,000 MT 10,000,000 MT

CIF NET PRICE($)

$530/MT $545/MT $365/MT $385/MT

MINIMUM QUANTITY CODE COMMODITY PER MONTH

MAXIMUM QUANTITY PER MONTH

CIF NET PRICE($)

$76/BBL $86/BBL

3

REBCO RUSSIAN EXPORT BLENDS CRUDE OIL GOST 9965-76

10,000,000 BBL LOWER 10,000,000 BBL

40,000,000 BBL

4

JET FUEL JP-54 (AVIATION KEROSENE COLONJAL GRADE 54)

10,000,000 BBL 1,000,000 BBL 500,000 BBL

40,000,000 BBL 9,000,000 BBL 900,000 BBL

$80/BBL $85/BBL $90/BBL

CIF ANY SEA PORT (ASWP)

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Dunmore Trust A.S.

ICO: 26105047

South East Asia Office: Bangkok, 10310 Thailand

TERMS AND CONDITIONS Origin: All products are of a Russian Origin. Stamps and Signatures: Stamps and Signatures are obligatory for every issued irrevocable Corporate Purchase order. Respect our and maximum capacities of delivers as state on product sheet up above. Inspection: Quality Quantity and Weight by S.G.S. and CIQ/CCI on Seller's cost at port of loading first and final at discharging port on Buyer's cost. Payments: Terms can be Transferable or Non Transferable Document Letter of Credit or a Bank Guarantee against Telegraphic Wire, SWIFT wire transfer via MT 103 POP: Provided Bank to Bank as per documents list in contract. PERFORMANCE BOND: Seller issues a non-operative 2 % performance bond (PB) to Buyer's bank. The 2 % PB will be placed in Buyer's bank account, fail to supply the cargo of the products, this 2 % PB will be paid to the Buyer accordingly as compensation. APPROVED BANKING PROCDURES 1. Seller issues Soft Offer to the Representative of the Buyer then Buyer sign and seal to accept Soft Offer. 2. Seller will issue NCNDA/IMFPA to the buyer and Buyer issues ICPO to Seller with buyer's Bank details in Word version and send back NCNDA/IMFPA with buyer' Bank information and buyer's Information to the Seller with sign and seal by hand. And buyer must show BCL (Bank capability letter to confirm the buyer have capability to buy.) 3. Petroleum Provider issues FULL CORPORATE OFFER and Buyer signs and seal returns FULL CORPORATE OFFER to Petroleum Provider then Petroleum Provider issues draft contract initials on every page, signs and seals and send it to the Buyer then Buyer counters sign and seals the DRAFT CONTRACT return back to Petroleum Provider. 4. Petroleum Provider sends copies of the following Partial proof of product documents to the buyer: a. Affidavit (Affidavit from the refinery verifying the product availability) b. Refinery commitment to produce the product C. Petroleum Provider Certificate of incorporation

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Dunmore Trust A.S.

ICO: 26105047

South East Asia Office: Bangkok, 10310 Thailand

d. Confirmation letter from the ministry of justice 5. Upon Confirmation of the Partial Proof o Product Documents, the buyer will issue MT 103/23 or BG MT760 or SBLC MT760 for the First Month Delivery to Petroleum Provider as Proof of Funds. 6. Upon Confirmation of the MT 103/23 or BG MT760 or SBLC MT760 for the First Month Delivery to Petroleum Provider from the Buyer's Bank, Petroleum Provider will send three (3) original hard copies of the Legalized Contract with the Confirmation of the Proof of Product to the buyer via courier service. 7. Upon confirmation of the receipt of the Original Hard Copy Contract by the Buyer, Petroleum Provider sends the Proof of Product to Buyer, Providing the following documents as Proof of Product : a. Copy of license to export, issued by the department of the ministry of energy. b. Copy of approval to export, issued by the department of the ministry of justice. c. Copy of statement of availability of the product. d. Copy of the Refinery commitment to produce the product. e. Copy of the contract to transport the product to the loading port. f. Refinery Certificate of Product. (SGS report, Tank receipts, Dip test authorization) g. Copy of the port storage agreement. h. Copy of the charter party agreement(s) to transport the product to discharge port. 8. Petroleum Provider Bank will notify the Buyer's bank that they are willing and ready to issue a non-operative 2% performance bond (PB) to Buyer's bank. The 2% PB will be placed in Buyer's Bank account, should the Petroleum Provider fail to supply the cargo of the products, this 2% PB will be paid to the Buyer and intermediaries accordingly as compensation. 9. The Buyer issues the Payment Instrument (DLC) for the monthly cargo Value within 7 (seven) banking days after receipt of the Full POP (proof of Product) from Petroleum Provider and TT Wire Transfer as per NCNDA/IMFPA.

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Dunmore Trust A.S.

ICO: 26105047

South East Asia Office: Bangkok, 10310 Thailand

10. Delivery commences as per contract and the shipment should arrive at Buyer's discharge port within 25-30 days after the DLC have been received by Petroleum Provider bank.

YOURS SINCERELY,

MR. CANTANARPAJT M. SELLER & MANAGING DIRECTOR ACCEPT BY END BUYER:

________________________________________ (Buyer's Name and Seal )

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