METHODS OF PAYMENT This Seller offers Three (3) different forms of payment, described below.

Find the forma of payment that meets your requirements by clicking on the ACCEPT FORM link and we will start the process. I. Payment by RDLC (Transferable Auto - Revolving Documentary Letter of Credit) 1. Seller Mandate sends FCO to the Buyer 2. Buyer accepts FCO and returns with ICPO soft-probe or BCL to the Seller Mandate. 3. Seller Mandate provides draft contract by E-Mail to the Buyer. 4. Buyer verifies draft contract and adds his amendments, if necessary. 5. Buyers signs and seals the contract and return by protected E-Mail to the Seller. 6. Seller countersigns and seals the contract and dispatches to the Buyer in form of Fax or E-Mail. Buyer issues 6 hard Copies of the Contract and sends them via FEDEX to Seller. 7. Seller will forward, within 48 hours, Soft POP receipts to Escrow account. Full POP documentation will be released to the buyer when the buyer puts up the non- operative L/C POF into the Escrow account. 8. Within 2 (two) banking days after confirmation, Buyer will send POF MT799 from Buyers bank to Escrow account or issues non- operative L/C on a bank-to-bank base. 9. The Seller send 2% Performance Bond (PB) from the Sellers bank to Buyer bank after receipt acceptable wording of MT 799 from Buyers Bank. 10. Buyers bank makes pre-advise RDL/C to become an operative Instrument as per the verbiage agreed between Seller and Buyer according to corresponding Annex to contract. 11. Within 7 (seven) days of receipt of the above referenced Letters of Credit from the Buyers Bank, the Sellers Bank issues an operative performance bond equal to 2% of monthly shipment value, at the contract price. Seller shall provide satisfactory P.O.P." (Proof of Product), which shall consists of the Goods Producer confirming that the allocation of said product, and quantity is existing in the name of the Seller. Transneft ACT number documents with all relevant export permits / licenses by the department of authority, as bellow:

a) Copy of License to export issued by the Russian Ministry of Energy b) Transfer Contract Hard Copy c) Copy of Approval to export issued by the Russian Ministry of Justice d) Copy of Statement of Availability of the Product, specifications as per Annex A. e) Copy of the producer commitment to produce the product f) Copy of Charter Party Agreement(s) to transport the product to discharge ports and Copy of the loading sea port Terminal agreement at the Buyers Bank acceptance. 12. Should any amendments to the Revolving Documentary L/C be requested, once the instruments has already been issued, then the party requesting the change will be responsible for the payment of the related costs, unless changes are needed to construct the instrument in compliance with The Agreement, then the costs shall be borne by the faulting party. 13. Schedule of Shipment will commence per mutually agreed schedule; Implementation of Contract with the Delivery of Product and payment of agreed Disbursements. Shipment will start according to conditions of Contract and according to agreed schedule. Payment will be released to the Sellers Bank again shipping documents. 14. The Mandates, Brokers, Agents and Intermediaries are paid as per executed Agreements. To accept this offer, please sign and seal this ACCEPT FORM so that procedures can be beginning.

II. Payment by SBLC/SLC (Stand By Letter of Credit) A. Buyer sends an Irrevocable Corporate Purchase Order (ICPO) with full banking information to Sellers Mandate. B. Seller in reply sends per E-mail FCO (Full Corporate Offer) to Buyer. C. Buyer accepts this Sellers FCO with signature, seal and sends it back to Sellers mandate. D. Seller sends per E-mail a draft contract to Buyer. Next actions as follows: 1. Buyer/ Seller signs this draft contract per E-mail and Buyer sends 6 pre-signed contracts to the Seller and each party. 2. Buyer/Seller should both lodge the executed contract in their respective banks. 3. After signing of the electronic contract, Buyer has to send swift message (MT760BCL) to Sellers bank, with readiness of Buyer to provide MT760 (POF) to Seller in an amount equal to last-months shipment of Gas oil D2 and readiness to provide an irrevocable, auto-revolving, SBLC Letter of Credit payable 100% at sight against shipping documents to pay for each monthly shipment for the term of the agreement. 4. Seller arranges a table top meeting (TTM) to show the original POP documents to the buyer. After The Buyer issues a non operative SBLC to the sellers bank, value of 0.000.000 MT of xxx oil at the contract price. 5. Seller, within 48 hours of receiving non-operative SBLC, delivers the non-operative 2% PB and full POP documents (Proof of Product) to buyers bank of the monthly shipment value of 0.000.000 MT of xxx oil at the contract price, to buyers bank. 6. Buyers bank issues an IRREVOCABLE, OPERATIVE AND TRANSFERABLE CONFIRMED SBLC (ICC458) for monthly payments, buyer issues revolving TT by SWIFT Wire MT103/23 after sighting of documents, except for the last month of shipment 7. Contract comes into force. 8. The Seller shall issue the first cargo delivery confirmation and date. 9. Shipment will start according to conditions of the contract and according to agreed schedule. Payment for each monthly shipment shall be by irrevocable, auto-revolving, confirmed SBLC Letter of Credit payable 100% at sight against shipping documents.

10. Each party hereto will bear its respective banking costs / charges. 12. The Verbiage of Bank Instrument (SBLC) and Performance Bond will be mutually agreed by both parties panel Bank, Any reasonable variations being acceptable. To accept this offer, please sign and seal this ACCEPT FORM so that procedures can be beginning.

III. Payment by BG (Irrevocable, operative and transferable assigned and confirmed Bank Guarantee (ICC458))

A. Buyer sends an Irrevocable Corporate Purchase Order (ICPO) with full banking information to Sellers Mandate. B. Seller in reply sends per E-mail FCO (Full Corporate Offer) to Buyer. C. Buyer accepts this Sellers FCO with signature, seal and sends it back to Sellers mandate. D. Seller sends per E-mail a draft contract to Buyer. Next actions as follows: 1. Buyer/ Seller signs this draft contract per E-mail and Buyer sends 6 pre-signed contracts to the Seller and each party. 2. Buyer/Seller should both lodge the executed contract in their respective banks. 3. After signing of the electronic contract, Buyer has to send swift message (MT760BCL) to Sellers bank, with readiness of Buyer to provide MT760 (POF) to Seller in an amount equal to last-months shipment of Gas oil D2 and readiness to provide an irrevocable, auto-revolving, SBLC Letter of Credit payable 100% at sight against shipping documents to pay for each monthly shipment for the term of the agreement. 4. Seller arranges a table top meeting (TTM) to show the original POP documents to the buyer. After The Buyer issues a non operative SBLC to the sellers bank, value of 0.000.000 MT of xxx oil at the contract price. 5. Buyers bank issues the IRREVOCABLE, OPERATIVE AND TRANSFERABLE ASSIGNED AND CONFIRMED BANK GUARANTEE BG (ICC458) ISSUED BY A PRIME BANK, good for one year and one day, payable for last-months shipment, which activates the Performance Bond and causes Seller to provide complete POP documents to buyers bank. 6. Contract comes into force. 7. The Seller shall issue the first cargo delivery confirmation and date. 8. Shipment will start according to conditions of the contract and according to agreed schedule. Payment for each (monthly) shipment shall be T.T. payment by SWIFT Wire MT103/23 (or RDLC) payable 100% at sight against shipping documents.

9. Each party hereto will bear its respective banking costs / charges. 10. The Verbiage of Bank Instrument (BG), and Performance Bond will be mutually agreed by both parties panel Bank, any reasonable variations being acceptable. To accept this offer, please sign and seal this ACCEPT FORM so that procedures can be beginning.