TRANSACTION PROCEDURE:

1. BUYER issues the Letter of Intent (LOI) to the representative of the SELLER with their company profile via E-mail;

2. SELLER issues the Soft Corporate Offer (SCO) to BUYER, then BUYER sign and seal to accept soft offer and send back to SELLER via E-mail; 3. BUYER issues the draft Irrevocable Confirmed Purchase Order (ICPO) to SELLER, with Full Banking details and must be accompanied with the BUYERs Full details and a copy of his international passport (Data Page) to SELLER by E-mail. 4. Petroleum Provider issues the Full Corporate Offer (FCO) to the buyer SELLER once any amendments are made and agreed by both parties. The BUYER accepts and signs the Full Corporate Offer (FCO) and returns to Petroleum Provider via SELLER by Email. 5. The Petroleum Provider issues the Draft Contract initials on every page, sign and seals and sends to the Buyer for BUYERs signature and seal, and then BUYER counters sign and seals the Draft Contract and sends to Petroleum Provider via SELLER by E-mail.

6. The Petroleum Provider sends the Final Approved Contract to the BUYER with the Draft Official Letter of Acceptance via SELLER E-mail. Then BUYER issues an Official Letter of Acceptance to The Petroleum Provider via SELLER by E-mail.

7. Refinery / The Petroleum Provider issues the Affidavit (stating the transfer of Allocation to Buyer), Product Passport (Report Analysis) and the Official Commitment to Supply to the Buyer via SELLER by E-mail.

8. BUYER issue Conditional MT103/23 or Irrevocable, Confirmed, Transferable and Operative LC (covering the total value charge of the first Shipment) to the Refinery Nominated Banking coordinates, within five (5) banking days after receipt of the :

a) Affidavit (stating the transfer of Allocation to Buyer) b) Product Passport (Report Analysis) c) The Official Commitment to Supply. 9. The Petroleum Providers bank swift the FULL POP (Proof of Product) and operative 2% Performance Bond (PB) to the BUYERs Bank. The Petroleum Providers bank will providing the following documents as FULL 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 the 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. 10. Delivery commences as per contract and the shipment should arrive at BUYERs discharge port within 25 30 days after the receipt and confirmation of the Conditional MT103/23 or Irrevocable, Confirmed, Transferable and Operative LC (covering the total value charge of first Shipment).

11. The BUYER will issue Payment Instrument for subsequent Monthly Delivery within 7 (seven) Banking Days after receipt of the Good under the Condition of CIF ANY SAFE WORLD PORT, and after presentation of all relevant shipping documents from the SELLERs Bank to the BUYERs Bank. 12. BUYER will make direct payment to Refinery Bank for each Shipment, within seven (7) Banking days after receipt of the product under the agreed condition and after presentation of the accurate documents to the BUYERs Bank. Then the BUYER must do TT Wire Transfer or MT103 for Consultant service, commission to the all accounts as per NCNDA/IMFPA (with in 24 hours).