We with full responsibility and under penalty of perjury confirm that our Buyer is ready, willing and able to purchase Light Crude Oil on the following conditions:

Commodity	Light Crude Oil
Origin	Saudi Arabia, UAE and other non-embargoed contries
Quantity	250.000 BPD ( Up to 900.000 BPD)
Contract	36 month with extensions up to 60 month
Delivery	First lifting can be within 20 days of establishing Letter of Credit
Price	Dubai Platt less discount
Discount	Most favourable
Performance Bond	Two percent (2%)
Payment	By Irrevocable Revolving Documentary L/C, issued by Prime World Bank
Destination	CIF ASWP
Inspection	SGS or similar