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1、IRREVOCABLE CONFIRMED PURCHASE ORDER Date : 13 August 2009 To : Lukoil-UralnefteptoductWe, EURO ASIA ENERGY CO. LTD. as funder with full intention to purchase on the following commodity as per the specification and quantity at a price as specified in the foregoing terms and conditions as set forth,

2、hereunder : COMMODITY : Mazut M100 ( GOST 10585-75) Sulphur 0.5 SPECIFICATION : As in Appendix A PRICE FOR PRINCIPAL BUYER : FOB, Russia Baltic Sea Port, USD270.00 per Metric Ton (MT) CONTRACT QUANTITY: 600,000 MT (50,000 MT x 12 months) SHIPMENT PACKING : In Bulk VESSEL CAPACITY : About 50,000MT pe

3、r vessel COUNTRY OF ORIGIN : Russian Federation.DESTINATION COUNTRY : Peoples Republic of China INITIAL DELIVERY TIME: Within 35 days after sellers receipt of DL/C (Documentary Letter of Credit) INSPECTION AGENT: SGS at Sellers port to be instructed by Buyer. TYPE OF CONTRACT: FOB, Baltic Sea Port B

4、ILL OF LADING: Full set of original Bill of Lading to be presented under the DLC METHOD OF PAYMENT: By Irrevocable, Transferable Documenary Letter of Credit By signing, Principal Buyer and the Seller are both in mutual understanding and that all other terms are subject to Final Agreement of the Sale

5、s Contract.Procedure:Stage 1:The Buyer supplies formal contract relating to the purchase and sale of the goods. Stage 2:Upon signing of the contract, Seller confirms to the Buyer the fact ofpresence and the arrangement of delivery (conditions of delivery - FOB port Baltic Sea) of fuel oil by present

6、ation of the following documents relating to the existence of fuel oil and arrangement for domestic transportation:1.Contract between OOO "Lukoil-Uralnefteptoduct" and OOO "Ecology Plus".  2. Contract between "Lukoil - Resource" and OOO "Ecology Plus". (T

7、hese two Contracts are to delivery Mazut to OOO "Ecology Plus").  3. These Contracts No. 1&2 above to delivery 50,000MT Mazut M100 per month.  4. Contract between OOO"Ecology Plus" and "Super Group Purtners, Ltd" under FCA conditions by the group of the ci

8、ty of Ufa refineries.  5. The Letter from OOO "Ecology Plus" to Guarantee the delivery (sale) 50,000MT of Mazut M100 per month to "Super Group Purtners, Ltd".  6. Contract between OOO "ReservNefteGas"and SAO <> for transportation the Goods from the refin

9、ery to the loading port No.713 dated 09.06.08.  7. The Contract between "Super Group Purtners, Ltd." and OOO "ReservNefteGas" for transportation of the Mazut to the port of loading and loading the Goods.  8. Contract between OOO "ReservNefteGas" and "Nord

10、 Oil Bunker Ltd" 11/06/08 dated 07.06.08 for the storage and reloading (perevalka).Stage 3:The following documents will to be presented to the Buyer as a proof of product commence to deliver  to the Buyer:            Copy of the statem

11、ent of availability of the fuel oil            Copy of the producer sales contract without financial details   Copy of the passport of the deal: Marsh route telegram   Copy of the refinery run for the month of delivery   Copy of t

12、he port storage and loading contractCopy of any issued graphics or preliminary graphics, or tankreceipt and port contract.Stage 4:Within five banking days the Buyer Bank issues the following paymentinstrument:a) Irrevocable, Revolving Documentary Letter of Credit issued by Shanghai Pudong Developmen

13、t Bank to the Supplier for the value of the cargo-to-cargo or monthly basis; Banking charges of the Buyer's bank are for the Buyer's account, Seller's bank - for Seller's account;Accepted on behalf of the buyerAccepted on behalf of the sellerAppendix ARussian Origin MAZUT-100 Sp

14、ecification: GOST 10585-75 COMPONENT RESULT 1. Ash content, not more % 0,14 2. Mass fraction of sulphur, not more % 0,5 3. Temperature of the flash, not less ºC in the open crucible ºC 110 min 4. The temperature of solidification, not higher ºC 25 5. Kinematics viscosity at 50ºC

15、118 max 6. Water content 0.5% 7. Mechanical impurities Lower than 0.1% 8. Acidity Lower than 5 mg KOH/100ml 9. Alkalinity nil 10. Gross Calorific Value Kcal/kg / KJ/kg Min9 200/41300 11. Density at 15.0 deg. C Kg/l 0.890-0.920 12. Hydrogen Sulfide Content (H2S) pom 0.5 max 13. Carbon Residua Lower t

16、han 7% 14. Vanadium (V) ppm 30 15. Aluminum (Al) ppm 5 16. Silicon (Si) ppm 12 17. Nickel (Ni) ppm 29 18. Aspartames m/m 3.6% 19. Distillation 4 mm Hg Extracted to 760 mm Hg Initial Boiling Point deg. C 216 5% recovered deg. C 259 10% recovered deg. C 310 2 0% recovered deg. C 358 30% recovered deg. C 445 40% recovered de

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