Fina Oil Refinery Soft Corperate Offer

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HEAD OFFICE

KVK-NUMMER: 24246146, VESTIGINGSNR: 000016453786


ADDRESS: MAASBOULEVARD 1, 3331ML ZWIJNDRECHT DRECHTSTEDEN REGION NETHERLANDS.
E-MAIL: [email protected], [email protected]
TEL/WHATSAPP: PHONE: +31 970 0503 2996

ISSUED DATE: 19th July 2023. EXPIRED


DATE: 19th February 2024
RECIPIENT: BUYER/BUYER’S MANDATE

FULL CORPORATE OFFER


We Fina Scheepvaar Oil REFINERY hereafter referred to as reseller of petroleum products represented by director —
Mr. Abrahamsen Hendrik with company Registration Number (KVK) 24246146 and Tax Identification Number (On
behalf of our management (Fina Scheepvaart) oil Refinery, with full legal responsibility under penalty of perjury
hereby issue this full Corporate Offer with given terms and conditions as stated in this offer to confirm our readiness
and to execute a Sales and Purchase Agreement with the end buyer, with the ability to supply the following
commodities according to the terms and conditions stipulated in this full corporate offer.

AVAILABLE PRODUCTS AND PRICELIST


DIESEL FUEL EN590 (10ppm) NLD ORIGIN
Monthly Quantity 50,000 MT - 800,000MT (+/- 5%) x 12
FOB net Price $300 USD gross/$260 USD net per MT
CIF Price $400 USD gross/$390 USD net per MT
DELIVERING PORT: EN 590 10PPM CIF, MERSIN PORT, TURKEY, 300,000MT
MONTHLY FOR A PERIOD OF 12 MONTHS WITH POSSIBLE ROLLS AND EXTENSION.

DIESEL FUEL EN590 (10ppm) NLD ORIGIN


Monthly Quantity 300,000 MT - 800,000MT (+/- 5%) x 12
FOB net Price $300 USD gross/$260 USD net per MT
CIF Price $400 USD gross/$390 USD net per MT
Commission: $5/$5
DELIVERING PORT: EN 590 10 PPM CIF, DURBIN, SOUTH AFRICA 100,000MT
MONTHLY WITH POSSIBLE ROLLS AND EXTENSION.

SPECIFICATION EN590 10 PPM

Property Unit Lower Upper Test-Method


Limit Limit
1 Cetane number 51.0 - EN ISO 5165
2 Cetane index 46.0 - EN ISO 4264
3 Density at 15⁰C Kg/m2 820.0 845.0 EN ISO 12185
4 Polycyclic aromatic hydrocarbons %m/m - 8.0 EN ISO 12916
5 Sulphur content mg/kg - 10.0 EN ISO 20884
6 Flash point ⁰C Above 55 - EN ISO 2719
7 Carbon residue (on 10% distillation residue) %m/m - 0,30 EN ISO 10370

8 Ash content %m/m - 0,01 EN ISO 6245


9 Water content mg/kg - 200 EN ISO 12937
10 Total contamination mg/kg - 24 EN ISO 12662
11 Copper strip corrosion(3 hours at 50 ⁰C) rating Class 1 Class 1 EN ISO 2160
12 Oxidation Stability g/m3 - 25 EN ISO 12205
13 Lubricity, corrected wear scar µm - 460 EN ISO 12156
Diameter (wsd 1,4) at 60 ⁰C
14 Viscosity at 40 ⁰C mm2/s 2,00 4,50 EN ISO 3104
15 Distillation recovered at 250 ⁰C %V/V <65 EN ISO 3405
Distillation recovered at 250 ⁰C, 350 ⁰C %V/V 85 EN ISO 3405
95%(V/V) recovered at ⁰C - 360 EN ISO 3405

www.finascheepvaart.com Page 1
HEAD OFFICE
KVK-NUMMER: 24246146, VESTIGINGSNR: 000016453786
ADDRESS: MAASBOULEVARD 1, 3331ML ZWIJNDRECHT DRECHTSTEDEN REGION NETHERLANDS.
E-MAIL: [email protected], [email protected]
TEL/WHATSAPP: PHONE: +31 970 0503 2996

C.I.F PROCEDURE

1. BUYER ACCEPTS SELLER'S PROCEDURE AND ISSUE ICPO WITH THE FOLLOWING:
1. Buyer issue ICPO and company profile
2. Seller issues Draft Contract (open for any amendments) to Buyer. Buyer signs, seals and returns the Draft Contract to Seller for
final endorsement with the chamber of commerce of energy seller gives Partial proof of products.
(A) Seller Irrevocable Commitment to Supply
(B) Statement of availability of product
(C) Authorization to sell and collect
(D) Commercial invoice for the first value shipment.
(E) Tank storage receipt/GPS Coordinate barcode

3 Within 5 banking days, Buyer’s bank sends Irrevocable Operative SBLC via MT760 according to seller’s fiduciary bank verbiage
to seller nominated fiduciary offshore bank account for first month shipment. should buyer fail to issue payment instrument
within 5 banking days, buyer will make telegraphy transfer to deposit of $240,000 USD by TT wire transfer to seller fiduciary
account for security guarantee to enable seller charter vessel and commence shipment, and this payment will be deducted from
the total cost of product after inspection at discharge port, or legal action will be taken against buyer for default.

4 Seller’s Bank Issues Full POP Documents to the Buyer’s Bank alongside with 2% Performance Bond (PB2%).
a) Copy of license to export, issued by the department of the Chamber of commerce Netherlands.
b) Copy of Approval to Export, issued by the Ministry of Justice,
c) Copy of statement of availability of the product. d) Copy of the refinery commitment to produce
e) Copy of Transnet contract to transport the product to the loading port.
f) Copy of the port storage agreement.
g) Copy of the charter party agreement to transport the product to discharge port.
h) Copy of Vessel Questionnaire 88.
i) Copy of Bill of Lading.
j) SGS Report at loading port.
k) Dip test Authorization (DTA) & ATB
l) NOR /ETA
m) Certificate of Ownership Transfer
n) Allocation Transaction Passport Code Certificate (ATPCC) by Ministry of Energy.

5. Shipment commences as per signed contract delivery schedule and the shipment should arrive at Buyer’s discharge port
within 5-24 days. The SGS inspection will be borne by the Seller at the loading seaport and Buyer at the unloading seaport.

TITLE: Director MR Abrahamsen Hendrik

www.finascheepvaart.com Page 2

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