Date: 03/01/2024

Ref: GOL-12498

TO WHOM IT MAY CONCERN

FULL CORPORATE OFFER

The undersigned company “GOLDEN PETROLEUM TRADE” confirms under Penalty of Perjury by
International Law that we are legal to facilitate the sales of the following commodity as per the quantity/
price as specified, in terms and conditions stated below.
We further warrant and attest that this allocation is confirmed as existing, true and valid and is available
for Sale & Purchase order.

COMMODITY LIGHT CYCLE OIL

ORIGIN KAZAKHSTAN
QUANTITY 50,000 MT TRIAL QUANTITY
PRICE GROSS $440/MT, NET $430/MT
INCOTERMS CIF
PAYMENT TERMS MT103/TT WIRE TRANSFER
INSPECTION SGS, CIQ OR SIMILAR

COMMODITY AUTOMOTIVE GAS OIL

ORIGIN KAZAKHSTAN
QUANTITY 50,000 MT TRIAL QUANTITY
PRICE GROSS $410/MT, NET $400/MT
INCOTERMS CIF
PAYMENT TERMS MT103/TT WIRE TRANSFER
INSPECTION SGS, CIQ OR SIMILAR

COMMODITY EASTERN SIBERIA-PACIFIC OCEAN (ESPO) BLEND

ORIGIN RUSSIA
QUANTITY 500,000 BBL TRIAL QUANTITY
PRICE GROSS $58/BBL, NET $54/BBL
INCOTERMS CIF
PAYMENT TERMS MT103/TT WIRE TRANSFER
INSPECTION SGS, CIQ OR SIMILAR

COMMODITY DIESEL (EN590 10PPM)

ORIGIN KAZAKHSTAN
QUANTITY 50,000 MT TRIAL QUANTITY
PRICE GROSS $520/MT, NET $510/MT
 INCOTERMS CIF
PAYMENT TERMS MT103/TT WIRE TRANSFER
INSPECTION SGS, CIQ OR SIMILAR

COMMODITY PETROLEUM-COKE
ORIGIN RUSSIA
QUANTITY 50,000 MT TRIAL QUANTITY
PRICE GROSS $270/MT, NET $260/MT
INCOTERMS CIF
PAYMENT TERMS MT103/TT WIRE TRANSFER
INSPECTION SGS, CIQ OR SIMILAR

COMMODITY UREA 46% PRILLED & GRANULAR

ORIGIN RUSSIA
QUANTITY 50,000MT- TRIAL QUANTITY
PRICE GROSS $290/MT, NET $270/MT
INCOTERMS CIF
PAYMENT TERMS MT103/TT WIRE TRANSFER
INSPECTION SGS, CIQ OR SIMILAR

PROCEDURE CIF ASWP

1.Buyer issues ICPO upon receipt of Full Corporate offer.

2. Seller issues Draft Sales and purchase Agreement to buyer, Buyer returns signed contract to Seller

3.Seller reviews signed contract acknowledged and legalize it through the ministry of energy the Cost of
legalization shall be borne by the Seller.

4 The Below Notarized listed PPOP by the Export Control Department is released for Buyer confirmation.
(a) Refinery Commitment to Supply
(b) Certificate of Origin
(c) Company registration certificate
(d) Quality and Quantity Report (Product Passport).
(e) Statement of Product Availability
(f) Authorization to Sell and collect

5. Buyer pays 1% security guarantee deposit of total product cost to secure the product allocation which
would be deducted from the first shipment.
Within 24hrs of Guarantee Deposit Confirmation, Seller Sign CPA and release full POP document and 2%
Performance Bond to Buyer’s Bank. All Parties involved sign the NCNDA/IMFPA.
(a)Ship Certificates
(b)Cargo Declaration
(c)Fresh SGS Report
(d)Charter Party Agreement
(e)Ownership Certificate
(f)Title Transfer Affidavit
(g)Product Allocation Certificate
(h)Ullage Report
(i)Notice of Readiness
(j)Customs Declaration Certificate

6. Shipment commences as per contract schedule

7. Within 72 hours of Vessel arrival, buyer release payment via MT103 after CIQ/SGS at destination port.

8. Seller pays the commission to all intermediaries involved in the transaction within 24 hours after
confirmation of buyer’s payment and seller transfers title to buyer.

TRANSACTION PROCEDURE FOR TITLE TAKE OVER (TTO)

1. Buyer issues official ICPO

2. Both parties sign MOU

3. Seller issues as stated below:

A. Bill of Lading

B. Vessel NOR

C. Product Passport.

D. Vessel E.T.A.

E. Cargo Manifest.

F. Certificate of Origin

G.Q88

H. Invoice for $100,000 DOWN PAYMENT

4. Buyer conducts due diligence on the availability of the product inside the vessel and makes a payment of
$100,000 of the master invoice value to the sellers fiduciary account via MT103/TT WIRE TRANSFER within 48
hours for the change of the consignment rights and transfer of the title of ownership to buyer’s name.
 5. Upon Seller receipt of the payment of $100,000 Seller shall Transfer Product Title to Buyer's Company name,
reissues all other outstanding documents to the buyer's name and send via swift from seller's bank to buyers
bank full proof of product.

6. Buyer contact the shipping company to re-direct the route of the vessel Tanker to buyer's destination port.
Upon arrival of the vessel at buyer's discharge port, Seller issues an Authorization for the buyer's
representatives and inspection team to board the vessel and conduct Q&Q Inspection.

7.Upon the successful Inspection, buyer makes payment for the product via TT Wire or MT103 to the seller and
takes over the vessel tanker.

Seller pays all intermediaries accordingly NCNDA/IMFPA within 24 hours

STANDARD SPEICIFICATION FOR LIGHT CYCLE OIL

No. INDEX TEST METHOD RESULT

1 Density at 20°C kg.I ASTM D4052 Min 0.86- max 0.88
2 color ASTM D1500 L1.0
3 Cetane index ASTM D4737 41-00
4 Carbon MCRT wt% ASTM D4530 0.0
5 Pour point °C ASTM D97 Min 15
6 Flash Point °C ASTM D93 63
7 Distillation ASTM D86 -
Initial Boiling Point °C ASTM D86 180
50% °C ASTM D86 280
90% °C ASTM D86 360
95% °C ASTM D86 365
End point °C ASTM D86 390
8 Sulphur Mass % ASTM D4294 0.15
9 Viscosity Kinematics @ °C ASTM D445 2.5-4.5 max
10 Moisture Content wt PPM ASTM D6304 1000
11 Ash Content % ASTM D482 0.0005
12 Aromatics content wt% IP 391 Min 51-56
13 BS & W wt ppm - Max 1000
14 Saturates % ASTM D1319 Min 20 – max 50
15 Water content% ASTM D95 0.0%
16 Carbon residue %MF ASTM D4530 0.0%
17 Benzen % VF ASTM D5580 ˂0.01
18 Toluene % VF ASTM D5580 ˂1.00
19 Xylene P%VF ASTM D5580 ˂1.00
20 Naphthalene % MF ASTM D2425 1.3+/-0.1
21 Olefin content %VF ASTM D1319 29
22 Saturated HYDC ASTM D1319 41
Content %VF
 STANDARD SPEICIFICATION FOR ESPO

1 Density At 15°C ASTM D1298 Kg/L 0.8508

2 API Gravity ASTM D1250 - 34
3 Kinematic Viscosity at 20°C ASTM D445 cst 6.949
4 Sulphur Content ASTM D4294 % Mass 0.535
5 Ash Content ASTM D482 % Mass 0.011
6 Total Acid Number ASTM D664 Mg KOH < 0.50
7 Pour Point ASTM D5853 °C <=-36
8 Sediment By Extraction GOST 21534–75 (A) % Mass 0.01
9 RVPE ASTM D5191 kPa 40.4
10 Hydrogen Sulphide UOP 163 ppm <1
11 Chloride Salt Content ASTM D473 % Mass 17
12 Organic Chlorine Content ASTM D4929 (B) Mg/Kg *1
13 Mercaptan Sulphur UOP 163 ppm 111
14 Vanadium IP 470 ppm 4
15 Nickel IP 470 ppm 4
16 Iron IP 470 ppm 19
17 Calcium IP 470 ppm 2
18 Sodium IP 470 ppm 1
19 Copper AAS ppm <1
20 Water By Distillation ASTM D4006 % Mass 0.35
21 Paraffin Wax Content UOP 46 % Mass 3.
3
22 Asphaltenes (Heptane Insolubles) Content IP 143 % Mass 0.20
23 TBP Distillation, ASTM D5236 Vol% Cutting
24 Boiling range Of FRAC.@ 760mmHg ºC Range
LPG % Vol 2.
2
C5-65 % Vol 6.
1
65-100 % Vol 9.
8
100-150 % Vol 16.7
150-200 % Vol 25.1
200-250 % Vol 32.7
250-300 % Vol 42.0
 300-350 % Vol 50.9
350-370 % Vol 54.2
370-475 % Vol 70.0
475-515 % Vol 74.6
515-525 % Vol 76.0
525-553 % Vol 79.9

STANDARD SPEICIFICATION FOR DIESEL EN590 10PPM

CHARACTERISTICS NOTES UNIT LIMIT METHOD

Min. Max. ASTM D/IP ISO/EN
Appearance *(1) Clear bright Visual Inspection
Density at 15°C * Kg/m3 890,0 ASTM D1298 EN ISO 3675
ASTM D4052 EN ISO 12185
Viscosity at 40 °C * mm2/s 2,000 6,000 ASTM D 445 EN ISO 3104
Cetane Index * 40 ASTM D 4737 EN ISO 4264
Ash Content * % m/m 0,010 ASTM D 482 EN ISO 6245
Lubricity * μm 520 EN ISO 121 56-1
Pour Point * °C ISO 3016
1/Apr – 31/Oct * 0
1/Nov – 31/March -6
Flash Point * °C 60 ASTM D 93 EN ISO 2719
Distillation * ASTM D 86 EN ISO 3405
Recovered at 150 °C (2) % v/v 2 EN ISO 3924
Recovered at 250 °C % v/v <65
Recovered at 350 °C % v/v 85
FAME Content * % v/v <0,5 ASTM D 7963
IP 579
H₂S content * Mg/kg 2,00 IP 570
Oxidation Stability * g/m3 25 ASTM D 2274 EN ISO 12205
Heat of Combustion, Net Kcal/kg (MJ/Kg) 10,000 ASTM D 4868
(41,87)
Sulphur Content * Mg/kg 10,0 EN ISO 20846
EN ISO 20884
EN ISO 13032
Acid Number * Mg KOH/g 0,5 ASTM D 664
Cloud Point * °C to be reported ISO 3015
1/Nov - 31/March
CFPP * °C to be reported IP 612 1SO 309
1/Nov-31/March
 STANDARD SPECIFICATION FOR GREEN PETCOKE

No Content parameter Remark

1 Sulfur Content (%) ≤1
2 Hydrogen 4-5
3 Nitrogen 1.89
4 Vanadium PPM ≤400
5 Nickel PPm 0.4
6 Iron ≤100PPM
7 Ash Content (%) ≤0.4(0.2-0.3)
8 Fixed Carbon (%) 86-89
9 Volatile Matter(%) 8-12
10 Moisture(%) ≤5
11 Caloric Value 14.0BTU/LT
12 Particle Size 0-5cm
13 Gross CV Kcal/KG 8500-8600
14 Appearance
15 Heat treatment
temperature
16 Shot (%) 0
17 HGI >80

SPECIFICATION FOR UREA 46% GRANULAR AND PRILLED UREA

A. GUARANTEED SPECIFICATION: GRANULAR

Nitrogen 46.0% by Weight Min.

Moisture 0.5% Max.
Biuret 1% Max. by Weight
Fisper 0.35 Max.
Anti–Caking Agent 0.5% Max.
Free Ammonia 160 PXT PPM Max.
Granulation 2 – 4 mm: 90% Min.
Dimension Less than 1 mm: Absence
Melting Point 132 ºC
Color Pure White

B. GUARANTEED SPECIFICATION: PRILLED

Nitrogen 46.0% by Weight Min.
Moisture 0.5% Max.
Biuret 1% Max by Weight
Fisper 0.30 Max.
Anti–caking agent 0.5% Max.
Free ammonia 160 PXT PPM Max.
Granulation 1 – 4 mm: 90% Min.
Dimension Less than 1 mm: Absence
Melting point 132 ºC
Color Pure White

SPECIFICATION FOR UREA 46% GRANULAR AND PRILLED UREA

Specific Gravity 15/15 ºC 160 / D1298 0.820 min, 0.870

max
Distillation:
123 / D86 90 min, 385 max
Recovered @ 357 ºC (% Vol. EBP
deg.)
Color (ASTM) D 150000 3 max
Flash Point (ºC) 34 / D93 66
Total Sulphur (% wt) X–Ray 0.3 max
Copper Corrosion (3 hr @ 100 ºC) 154 / D130 No. 1 Strip max
Kinematic Viscosity @ 38 ºC (Cst) 71 / D445 1.6 – 5.5
Cloud Point (ºC) 219 / D2500 4.4 max
Carbon Residue (% wt.) D189 0.15 max
Acidity (Inorganic Acid) Nil
Total Acid Number (mg KOH/gm) 139 / D974 0.50 max
Ash Content (% wt.) 4 / D482 0.01 max
Sediment (% wt.) 53 / D473 0.01 max
Water By Distillation 74 / D95 0.05% max
 Diesel Index IP 21 47 min

AMANBAEV ADILKHAN BAKHYTZHANOVICH

FOR
GOLDEN PETROLEUM TRADE