Commodity: russian gas oil d2 0.2/62, gost 305-82 Origin: russia Quantity: 100, 000 mt spot trial shipment first month with possible rollover and extension Price: fob $280.00 usd gross / us$270.00 net per mt Cif $300.00 usd gross/$290.00 usd net per mt Grade: russian/international export blend Delivery: fob russian port/rotterdam and cif aswp Payment: sblc/mt103/tt for the value of the goods. Quality inspection: russ standard gost r quality and quantity analysis report at loading port while the inspection at discharge port will be performed by Societe general de surveillance (sgs) or ciq. Insurance: paid by seller, covering 110% of shipment value. (d) refinery commitment and assurance letter 4. Buyer submits his tsa/tsr/atv and terminal injection clearance report from verifiable tank farm Compliant to russian transneft delivery logistics for seller's verification and confirmation. 5. Seller commence injection of the commodity to loading port and upon completion of product injection, Seller issues below full pop documents to buyer A. Dta- dip test authorization B. Authorization to sell (ats) C. Tank storage receipt of product purchased D. Product passport E. Fuel injection report 6. Buyer conducts dip test on the product quality and quantity analysis. 7. Upon positive dip test result on the product quality and quantity analysis seller issues to the buyer Sgs report including title of ownership certificate of the product in buyer's name to be followed by all Export documentation. 8. Buyer makes payment covering total value of the product by mt103 and shipping commences immediately.