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Date : November 30 , 2017


R ef : 015/PTCI/ICPO/XI/2017

To:
PT SINAR MUTIARA MULIA
Jakarta-INDONESIA

IRREVOCABLE CORPORATE PURCHASE ORDER (ICPO)

We,PTP ETROT&CINTERNASIONAl,irrevocablyconfirmt opurchasethefollowingcommodityas


perterm.condition,specification.quantityandpricestatedbelow.
Weconfirmyoutoha vethefinancialcapabilitytocompletethepurchase.Thisrcpresentationismadewithfulllegalandc
orporateauthorityandresponsibility.

Name of product : RUSSIAN D2 GOST 305-82


Specification : As Sellers specification
Quantity : I00,000 MT SPOT DEAL
Price : USD 385/MT, CIF OPL Malaka Strait
Payment : TT/ MT103, After DIP TEST: Pay 50 % by TT or Cash Fund t hen PUMPING,
Pay 40% then pumping continued. There st will be paid after finish discharging at
+10%. Or by Lette of Credit

PROCEDURE:
1. Buyer confirms soft offer and issues ICPO.
2. Seller send to buyer the legalize copy of POP.
3. Buyer sends ship of 50,000 MT capacity to Seller cargo coordinate.
4. DIP Test is done.
5. When the product i s confirmed of the quality, and the ships are connected, Buyer pays equal to 50 %
by TT, then the pumping is st arted.
6. Buyer then pay 40 % and the discharging i s continued.
7. Pumping i s stopped when the quantity approaches 50,000MT, the rest of pay ment i s made.
8. Another shipment of 50,000 MT will be done for similar procedure.
Buyers Bank Coordinate (Tentative):

BankName PT BANK NEGARA INDONESIA (BNI)-


FX SUDIRMAN BRANCH
gankAddress FX Sudirman, Jl Pintu Satu, Senayan
Jakarta Pusat.
SwiftCode BNINIDJA
Account Name PT PetroT&C lnternasional
Account Number . (USD)
... (IDR)
BankTelephoneNo/ (+62-21)-25554046
FaxNo.
BankOfficer Mrs.Adelita, Mobile: /
Diego lvakdalam, Mobile: ..
/Mrs. Olivia Prima Dewi, Mobile:
.

Your kind attention and cooperation are highly appreciated.

Dr.!wan RATMAN
President Director

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