Seller is in US. My contact says “Me and my partner are direct to seller mandate.”

We, JJFT, Inc., do hereby confirm with legal and corporate responsibility and under the penalty of perjury that we are the Reseller, and that we are ready willing and able to sell and deliver to Buyer, under the following terms, conditions and prices listed below.

PRICE LIST
(ALL PRICES INCLUDE COMMISSION ON FOB DELIVERY)

D6 Virgin Fuel Oil
Fixed USD$2.37 Gross / USD$2.33 Net per Gallon

***ALL PRICES ARE SUBJECT TO CHANGE WITHOUT NOTICE***
:
GENERAL INFORMATION:
Commodity: D6 Virgin Fuel Oil (As per Specifications below)

Quantity: 2,400,000,000 Gallons – 200,000,000 per Month, delivered ten times per Month

Delivery Time: 10-15(Ten – Fifteen) working days (HOUSTON SEAPORT)

Liftable Amount: 100% Per Lift. The first Lift will be 7-10days after the SBLC/BG becomes operative.

Payment Terms: First month shipment paid by MT103 with SBLC/BG posted to guarantee payment and all other payments by MT103 with SBLC/BG posted for the balance of payments until the end of the term of the contract. Paid 100% at Loading Port.

Loading Port: Houston (FOB PORT)

Delivery: CIF to Houston – Buyer must show/have logistics capability at Port of Houston

Commission: 50% Buyer side – 50% Seller side
Inspection: SGS, Intertek or Equivalent

Grade: See Specifications Below

Contract Term: 12 months (with rolls and extensions)

PROCEDURE:
1.1 Buyer issues ICPO/LOI to Seller.

1.2 Seller issues draft contract. The contract includes Buyer’s/Seller’s detailed banking information.

1.3 Seller/ Buyer sign and seal the contract.

1.4 Seller’s Attorney will send to Buyer a copy of the Allocation Contract for the fuel as Preliminary POP. The Preliminary POP will only be sent to the Buyer’s Bank or to the Buyer’s Attorney to maintain security of the document.

1.5 Buyer’s Bank via Bank to Bank (SWIFT) issues the Proof of Funds with pre-advice SBLC/BG with Contract Number to Seller’s Bank with a copy to Seller’s Escrow Attorney for verification.

1.6 Seller, via Bank to Bank (SWIFT) issues Proof of Product with the SBLC/BG amended, if required, verbiage to Buyer’s Bank.

1.7 Buyer’s Bank SWIFTs operative SBLC/BG to Seller’s Bank with a copy to the Seller’s Escrow Attorney for final approval. The SBLC/BG must be Issued and confirmed by a top 20 Prime World Western Bank as reported in www.bankersalmanac.com.

1.8 After Seller receives from Buyer the Operative SBLC/BG, Seller will immediately issue Delivery Schedule to Buyer for confirmation/agreement.

1.9 Seller ships Virgin D-6 Fuel Oil after Buyer and Seller mutually and finally agree upon the shipment schedule to Houston Port, USA. Upon arrival at Discharge Port, Buyer immediately performs Dip Test and upon verification of product immediately pays via MT-103 to Seller.

1.10 After Seller receives payment from Buyer, Seller within 3 banking days will transfer commissions to Brokers and Agents.

ICPO’s with procedures inserted should be addressed to the above named company. Thank you. NOTE: The Reference Number must be included on all documents for the contracts of the order will be rejected.

SPECIFICATION OF VIRGIN D6
METHOD TEST RESULT UNIT

FLASH POINT +200T
ASTM D5002 Density and Relativ Density of Crude Oils
Oaverage API@60 F Gravity 10.4(Min) API
ASTM D1298-99 Denisty@15 Deg ? 0.87(0.8775) (Max) Kg/t
ASTM D97 pour point of petroleum product
Pour point <33(36)
(below zero) ?
Pour point <-27.4(-32.8)
(below zero) F
ASTM D93-TP34 Pensky-Martens closed cup flash point procedure used
Corrected Flash point 117(137) (MIN) F
ASTM D4294 Sulfur content in petroleum products by ED-XRF
Sulfur content 1.94 Wt%
ASTM D445 Kinematic/Dynamic Viscosity
Kinematic Viscosity@DEG F 122 CST 1.067 (MAX)
Mm2/S ST
ASTM D6304 Water content by coulometric Karl Fisher
Tirtation Procedure
Water cotenent

0.50(MAX)

Wt%
ASTM D482 Ash rom petroleum products AverageAsh 0.279(1.007) (MAX) Wt%
ASTM D2161 Converstion of kinematic viscosit
Tu SUS/SS 1 Saybol furoi viscosity 122F (MAX) 10.9SFS(MAX)
ASTM D5184 Aluminum and Silicon in fuel oil
Aluminum content 102(MAX) Mg/Kg
Silicon conten 93(MAX) Mg/Kg
ASTM D95 Water by Distilkation,Vol% 0.50 Vol%
ASTMD45330.06 Carbon Residue 15.4 Wt%
TP-143 Asphlteness (Heptane Insolubles)
Asphlteness content 0.467 Wt%
TP-501 Determination of AL, SL, V, NI, Fe, Na, Ca, Zn, P In Fuel Oil –ICPES
Aluminum
Silicon
Sodium Vanadium Zinc
Iron
Calcium
Phosphorus 362
341
140
81
779
298
4179
545 Kg/kg

TOTAL HALOGENS <1000

Seller can modify product to meet Buyer’s requirements. Buyer must include all product specification modifications with the ICPO for Seller processing

BRAZIL – Mobile All 0.1610
CONGO, Democratic Republic of (was Zaire) – Mobile (CCT) 0.1145
ETHIOPIA – Mobile (Addis Ababa) 0.2030
MALI – Mobile (Malitel) 0.2121
SENEGAL – Mobile (Orange) 0.2550
SUDAN – Mobile (Sudatel – Sudani) 0.0998
YEMEN – Mobile 0.1025
CHINA ALL – 2 WAY DTMF 0.0175