132022-TBG-763

Valid 13.07.2022

CORPORATE OFFER
We at Rustaveli LLC, registered in Georgia and represented by Jim Carter, hereby issue this Corporate Offer.
We confirm our official capability to supply below product(s) according to the descriptions and product
specifications, with opportunity for over three years of contractual supply basis to all companies looking for
cooperation with us.

Products and Description

PRODUCT: Aviation Fuel Jet-A1

ORIGIN: USA
QUANTITY: 1,000,000 – 8,000,000 bbl.

CONTRACT OPTION: 5 years contract.

DELIVERY: Tanker to Any Safe World Port

LOGISTICS: Storage Tanks and Vessel
INSPECTION: Société Générale de Surveillance (SGS) or equivalent agencies.

PRICE: Gross $126 USD per Barrels/ Net $122 per Barrel.
COMMISSION Seller distributes commissions among all parties after 24-48 hours of
receiving payment from Buyer.

CURRENCY: USD
PAYMENT TERMS: WIRE TRANSFER / SWIFT MT-103 as described in the procedure.

PRODUCT: D6 VIRGIN FUEL OIL

QUANTITY: 400,000,000-800,000,000 Gal.

CONTRACT OPTION: 5 years contract Possible with rolls and extension.

DELIVERY: Tanker to Any Safe World Port

LOGISTICS: Storage Tanks and Vessel
INSPECTION: Société Générale de Surveillance (SGS).

PRICE: Gross $2.2 USD per Gal/ Net $2.16 USD per Gal.
COMMISSION Seller distributes commissions among all parties after 24-48 hours of
receiving payment from Buyer (50% for Buyer group, 50% for Seller
group).
CURRENCY:
PAYMENT TERMS: USD
WIRE TRANSFER / SWIFT MT-103 as described in the procedure.
PRODUCT: LNG (Liquefied Natural Gas)
FIRST LIFT: 50,000- 100,000 Metric Tons.

CONTRACT OPTION: 5 Years contract Possible with Rolls and Extension.

DELIVERY: Tanker to Any Safe World Port

LOGISTICS: Storage Tanks and Vessel
INSPECTION: Société Générale de Surveillance (SGS).

PRICE: Gross $320 USD per MT/ Net 310 per MT

COMMISSION Seller to distribute commission among all parties after 24-48 hours of
receiving payment from Buyer.

CURRENCY: USD
PAYMENT TERMS: WIRE TRANSFER / SWIFT MT-103 as described in the procedure.

PRODUCT: Ultra-Low Sulphur Diesel EN590

FIRST LIFT: 50,000- 100,000 Metric Tons.

CONTRACT OPTION: 5 years contract possible with Rolls and Extension.

DELIVERY: Tanker to Any Safe World Port

LOGISTICS: Storage Tanks and Vessel
INSPECTION: Société Générale de Surveillance (SGS).

PRICE: Gross $350 USD per MT/ Net 340 per MT.
COMMISSION Seller to distribute commission among all parties after 24-48 hours of
receiving payment from Buyer.

CURRENCY: USD
PAYMENT TERMS: WIRE TRANSFER / SWIFT MT-103 as described in the procedure.
PRODUCT: LPG (Liquefied Petroleum Gas)
FIRST LIFT: 50,000- 100,000 Metric Tons.

CONTRACT
OPTION: 5 years contract possible with Rolls and Extension.

DELIVERY: Tanker to Any Safe World Port

LOGISTICS: Storage Tanks and Vessel
INSPECTION: Société Générale de Surveillance (SGS).

PRICE: Gross $330 USD per MT/ Net 320 per MT.
COMMISSION Seller to distribute commission among all parties after 24-48 hours of
receiving payment from Buyer.

CURRENCY: USD
PAYMENT TERMS: WIRE TRANSFER / SWIFT MT-103 as described in the procedure.

PRODUCT: Russia D2 Gas Oil Gost 305-82

FIRST LIFT: 50,000-100,000 Metric Tons.

CONTRACT OPTION: 5 years contract possible with Rolls and Extension.

DELIVERY: Tanker to Any Safe World Port

LOGISTICS: Storage Tanks and Vessel
INSPECTION: Société Générale de Surveillance (SGS).

PRICE: Gross $320 USD per MT/ Net 310 per MT.
COMMISSION Seller to distribute commission among all parties after 24-48 hours of
receiving payment from Buyer.

CURRENCY: USD
PAYMENT TERMS: WIRE TRANSFER / SWIFT MT-103 as described in the procedure.

STANDARD PROCEDURES (TANKER TAKE OVER)

TTO TRANSACTION PROCEDURES

1.) Buyer issues an official ICPO/LOI inserting seller's terms and procedures.
2.) Seller issues memorandum of understanding (MOU), title tanker takes over and
commercial invoice for the product quantity on board, buyer endorses and send back with
NCNDA/IMFPA
 3.) Seller issues the POP documents as listed below:
 Declaration of Product Ownership
 Certificate of Origin.
 Bill of Lading.
 Inspection Report.
 Vessel Notice.
 Cargo Manifest.
 Vessel Q88.
 Invoice for Payment of 5% Guarantee Deposit.
4.) Upon receipt confirmation of the above documents by the buyer, buyer's contact vessel master
to verify pop documents/vessel position.
5.) Buyer makes 5%-part payment of the total product value within 48 hours via TT/MT103
to seller's nominated bank as transaction guarantee.
6.) Upon receipt confirmation of the above payment, seller issue:
 Approval to Export Certificate.
 Export License Certificate.
 Authorization to Board Vessel (ATBV).
 Dip Test Authorization (DTA).
 Ullage Report And all shipping documents will be re-issued in the buyer's name and vessel will
be sent to buyer discharge port.
7.) Upon arrival of the vessel at buyer's discharge port, buyer pay's the Remaining total 95%
product value after successful CIQ/SGS or equivalent inspection via TT/MT103 and title of
product ownership transferred to buyer.
8.) Seller pays commission to agencies, broker, and intermediary as per Signed NCNDA/IMFPA

TANK TO TANK PROCEDURE

1. Buyer accepts seller-working procedure and issues ICPO addressed to the seller refinery Tank
Storage Agreement (TSA), Certificate of Incorporation /Company Registration, Corporate
Profile, buyer Contact/Banking information, copy of Principal/Signatory’s Passport Data
Page.
2. Seller issues commercial invoice (CI), Buyer signs and returns back commercial invoice within
72 hours upon received.
3. Seller provides buyer with the below listed PPOP:
a. Product Passport (product analysis report)
b. Irrevocable Commitment Letter to Buyer
c. Certificate of Origin
d. Tank to Tank Injection Agreement (TTTIA) to be signed by buyer tank
farm.
e. Q&Q Inspection Report.
4. Seller provides buyer with SGS report, Injection Report, unconditional DTA.
5. (NCNDA/IMFPA) will be signed, buyer within 24 hours after successful dip test in seller tanks
provide tank storage receipt (TSR), seller proceed for Tank-to-Tank injection and provide buyer
with the injection report of the product into buyer tanks.
6. The buyer within 4-8 bank working days make Product Payment via bank transfer of MT103 or
TT for the total cost of product injected into buyer tanks to the designated Seller bank/bank
account upon completion of product injection and receiving of all shipping documents from seller.
Pays beneficiary FEE as per Agreement (NCNDA/IMFPA), upon Buyer Product payment
confirmations.
7. Seller issues draft SPA to buyer to review for R&E monthly deliveries.
8. Buyer reviews and approves the SPA and issues IRDLC irrevocable, non-transferable, auto
revolving for 12monthly shipment value, and Or Documentary letter of Credit for length of contract
and for each lift per schedule. Buyer pays after Dip Test by MT103 Wire Transfer on each monthly
quantity.
9. The subsequent delivery shall commence according to the terms and conditions of the contract

STANDARD FOB PROCEDURE (DTTCS)

1. Buyer issues an Irrevocable Corporate Purchase Order (ICPO), Corporate Profile,

Company Registration Certificate, and a copy of international passport for seller review
and acceptance.
2. Seller issues Commercial Invoice, buyer signs and returns to seller.
3. Seller issues the following PPOP documents to buyer:
 Commitment to Supply
 NOR (Notice of Readiness)

Buyer only issues their company Notice of Readiness (NOR) to be addressed to seller. (NOT “NOR”
FROM BUYER TANK STORAGE COMPANY)

4. Seller receives buyer Notice of Readiness "NOR" and issues the Dip Test & Transaction
Closing Schedule (DTTCS) document to buyer.
5. Buyer signs and returns the "DTTCS" to seller, seller receives the signed "DTTCS" and
proceed according to the chosen option in DTTCS to issue the full POP documents
 Quantity and Quality product analytical Report (SGS)
 Tank Storage Receipt with GPS Coordinate (TSR)
 Authorization to Verify the Product (ATV)
 Authorization to Sell and Collect (ATSC)
 Unconditional Dip Test Authorization (UDTA)
6. After successful Q&Q SGS Dip Test on the product, Buyer takeover seller tank with the product
(optional) or buyer provides their tank/vessel details (including Q88/TSR/ATI) for transfer of the
product into Buyer’s leased Tank/Vessel. Seller provides Injection Report to buyer and buyer
immediately pays seller through the means of MT103-TT; buyer makes the payment for the total
value of the product injected into the buyer’s tanks/vessel.
7. Upon Seller's receipt of product payment from buyer, seller issue to buyer the Title of Ownership
and all exporting documents of the product.
8. Seller pays commissions to all intermediaries involved in the transaction according to the
signed NCNDA/IMFPA.

IMPORTANT INFORMATION

1. The Irrevocable Corporate Purchase Order

The “ICPO” must bear the name of the company Signatory “The Buyer” and an assistant with equal
authority to make decision in the absence of the signatory. This is to avoid unforeseen delays that may
affect the success of our transactions.

2. Insurance and financial security

All allocated offers issued by our company have been insured through our legal partner in Georgia and
Russia with correspondence in Germany. The purpose of this insurance is to guarantee the security of
all financial commitments that may be accrued by either of the parties for the procurement of this fuel
allocation.

3. Exchange of documents and communication

Correction/suggestion or possible amendment must be sent through an email or urgent information
through our WhatsApp/Telegram. The use of insults or vulgar words as a reactive expression will not
be tolerated in anyway. The position/decision of all parties must be well respected without prejudice.

4. Payment and structure of commission

The disbursement of commissions shall be carried out equally by the Seller's nominated European
financial institution in favor of the two recognized intermediary parties "The Buyer and the Seller
sides" according to a signed NCNDA/IMFPA.