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ADDRESS: 641232, OBLAST KURGANSKAYA,

RAYON VARGASHINSKIY SELO VARGASHI


ULITSA NOVAYA D 14
E-MAIL: export@kurganskiy-npz.ru
TEL: +7 499-39-11461
INN: 4510022263 OGRN:1064510014910

: 641232, ,
, ,
, 14
-: export@kurganskiy-npz.ru
: +7 499-39-1 1461
: 4510022263 : 1064510014910

COMMERCIAL INVOICE

Ref Code: KNPZ-ELRE/63783RU-FXP-OKN/JP54


COMMERCIAL INVOICE # 9836353676385JP54RU
Refinery Code: RTT00938733
Buyer code : OKN1666051

Refinery Details:

Company Name: OOO KURGANSKIY NPZ


ADDRESS: 641232, Oblast Kurganskaya, Rayon
Vargashinskiy Selo Vargashi, Ulitsa Novaya D 14.
Title: Export Director
Represented by: Efimov Vladimir Fedorovich.
E-MAIL: export@kurganskiy-npz.ru
TEL: +7 499-39-11461
: 4510022263 : 1064510014910

Date: 29/08/2016

Buyer Details:

Falcon oil exploration and production (AG) LTD


One Canada Square. Canary Warf. London E145DY UK
NIHIMAN ARTINE, Chairman /CEO
www.falconoilindustries.com
Registration Certificate

08519814

CONDITION TERM S OF SALE (INCOTERMS)-AS ON COMMERCIAL INVOICE


MODE OF TRANSPORT
PLACE OF DISPATCH
MODE OF PAYMENT:
SHIPMENT
FOB ROTTERDAM
MEANS OF TRANSPORT
PLACE OF LOADING
BY MT103 OR WIRE TRANSFER
Arranged by Buyer/
PRIMORSK
SELLER
Description of goods
Barrels
Quantity
Unit price
Value
Metric tons
Barrels / Metric tons
USD
USD
Gallons
Gallons
Barrels
Russia Aviation Kerosene GOST
1,000,000 barrels
Fixed Price
$37,000,000.00

10227-86 TYPE TS-1

TRANSACTION PROCEDURES

US$37/34 per barrel

1. Buyer issues an official ICPO with full buyer banking details & buyer company registration certificate.
2. Seller issue commercial invoice for buyer to counter sign, buyer returns the CI with signed TSA from a reputable tank farm company.
3. Seller issues the following POP documents to buyers:

Freight Cargo Manifest


Ocean Bill of Lading
Certificate of Origin
Certificate of Quality
Notice of Readiness

4. Upon successful verification of POP documents, buyer submits TSR to seller for confirmation and injection arrangements.
5. After completion of the injection into buyer designated ex-shore tanks.
6. Refinery issues DTA to buyer & Buyer conducts SGS test at buyers expense.
7. Upon successful SGS result, payment is made within 24-48 hours by MT103.
8. Refinery transfers Title & all Export Documents to buyer.
9. Final Contract is issued and shipment continues for the duration of the signed contract with DLC.
SELLER BANKS DETAILS:

All Rights Reserved. OOO KURGANSKIY NPZ. http://www.kurgandskiy-npz.ru. .

ADDRESS: 641232, OBLAST KURGANSKAYA,


RAYON VARGASHINSKIY SELO VARGASHI
ULITSA NOVAYA D 14
E-MAIL: export@kurganskiy-npz.ru
TEL: +7 499-39-11461
INN: 4510022263 OGRN:1064510014910

: 641232, ,
, ,
, 14
-: export@kurganskiy-npz.ru
: +7 499-39-1 1461
: 4510022263 : 1064510014910

Bank Name
Address
Swift
Account No
Beneficiary Name
Bank Phone No
Bank Facsimile
Bank officer
Required message

BUYER BANKS DETAILS:

Bank Name
Bank Address Branch
address:
Account Beneficiary
Account Name
Account Number
ABN Nr:
Swift Code
Wire Routing Nr:
Bank officer
Required message

SBERBANK RUSSIA
46 Svobodny Prospekt, 660028 Krasnoyarsk,
SABRRU 8K
40702840900000007714
OOO KURGANSKIY NPZ
+7 421 2 34 21 16
+7 421 2 32 98 32
Galkin Mikhail Nikolaevich

ALL WIRE TRANSFERS SHALL INCORPORATE BELOW TEXT MESSAGE AND A COPY OF BANK WIRE
TRANSFER SLIP SHALL BE EMAILED TO:
@_____.ru
FOR LEGAL VERIFICATION AND
DOCUMENTATION PURSUANT TO PATRIOT ACT/BANKING REGULATIONS WITH ONE ORIGINAL
CONTRACT COPY TO BE FILED WITH BANK. THE S.W.I.F.T., RMA OR CLEARSTREAM TEXT MESSAGE
COVERING ALL REMITTANCES SHALL CLEARLY STATE THE FOLLOWING: We know remitter, this is
done with full banking responsibility, and we are satisfied as to the source of the funds sent, FUNDS ARE
CLEAN AND CLEAR, LIEN FREE AND UNENCUMBERED FUNDS OF NON-CRIMINAL ORIGIN.

Bank of America, NA
555, California St. | San Francisco | CA-94104 | USA 1014,
Highway 98-E | Destin, FL-32541 | USA
Falconoil USA, Inc.
Falconoil USA, Inc.
8980 7095 8462
063000047
BOFAUS3N
026009593
Kent.L.Seuferer

ALL WIRE TRANSFERS SHALL INCORPORATE BELOW TEXT MESSAGE AND A COPY OF BANK WIRE TRANSFER
SLIP SHALL BE EMAILED TO: Kent.L.Seuferer@ bankofamerica.com and infofalconoil@gmail.com FOR
LEGAL VERIFICATION AND DOCUMENTATION PURSUANT TO PATRIOT ACT/BANKING REGULATIONS WITH ONE
ORIGINAL CONTRACT COPY TO BE FILED WITH BANK. THE S.W.I.F.T., RMA OR CLEARSTREAM TEXT MESSAGE
COVERING ALL REMITTANCES SHALL CLEARLY STATE THE FOLLOWING: We know remitter, this is done with full
banking responsibility , we are satisfied as to the source of the funds sent, FUNDS ARE CLEAN AND CLEAR, LIEN FREE
AND UNENCUMBERED FUNDS OF NON-CRIMINAL ORIGIN .

Refinery and Buyer reserves the right to change banking coordinates with an addendum to reflect the changes. By signing this commercial
invoice agreement in the places provided herein below, the seller and the buyer agree to be bound by provisions hereof.

All Rights Reserved. OOO KURGANSKIY NPZ. http://www.kurgandskiy-npz.ru. .

ADDRESS: 641232, OBLAST KURGANSKAYA,


RAYON VARGASHINSKIY SELO VARGASHI
ULITSA NOVAYA D 14
E-MAIL: export@kurganskiy-npz.ru
TEL: +7 499-39-11461
INN: 4510022263 OGRN:1064510014910

: 641232, ,
, ,
, 14
-: export@kurganskiy-npz.ru
: +7 499-39-1 1461
: 4510022263 : 1064510014910

SPECIFICATION OF THE PRODUCT RUSSIA AVIATION KEROSENE GOST 10227-86 TYPE TS-1
DERIVED PRODUCT
QUALITY
ORIGIN
ADDITIVES
Antioxidant in hydro processed fuel

AVIATION KEROSENE
JET FUEL COLONIAL GRADE 54
RUSSIA

Static dissipater first doping ASA-3

mg/l

Antioxidant non hydro processed fuel


Stadis 450
COMBUSTION PROPERTIES
Specific energy,
Smoke point

Luminomitter number min 45 D1740 Naphtalenes


PROPERTY
Composition

mg/l
mg/l

D4808

% vol

max 3

D1840

mm

UNIT

% mass

VOLATILITY

Initial Boiling Point

max 3
min 18.4

Sulphur, Total
Doctor, test

max 24

net mj/kg

mg

Sulphur, Mercaptan

max 24
max 1

mg/l

Total Acidity
Aromatics

min 17

% vol

min 19

KOH/g

% mass

D1322

max 0.01

354

D3242

max 0.30

107

D1266/2622

max 22.0
max 0.003

Centigrade

max

158
342
30

10% vol at C

Report
123
240

50% vol at C

Report

20% vol at C
80% vol at C

Centigrade

max

Loss

% vol,

max

Flesh Point

Density at 15 C

LOW TEMPERATURES PROPERTIES


Freezing Point

D3227
D4952
D96

Report

End point

Recovered ridicules

D1318

% vol,

Centigrade

max

Kg/m2

min/max

Centigrade

max

max

776/840
-40

Report
300
1.5
1.5

42 170/303

D56/3828

15

D2256

180/385

D1298

All Rights Reserved. OOO KURGANSKIY NPZ. http://www.kurgandskiy-npz.ru. .

ADDRESS: 641232, OBLAST KURGANSKAYA,


RAYON VARGASHINSKIY SELO VARGASHI
ULITSA NOVAYA D 14
E-MAIL: export@kurganskiy-npz.ru
TEL: +7 499-39-11461
INN: 4510022263 OGRN:1064510014910

: 641232, ,
, ,
, 14
-: export@kurganskiy-npz.ru
: +7 499-39-1 1461
: 4510022263 : 1064510014910

CORROSION

Corrosion, copper (2hrs at 100C)

max

Corrosion, silver (4hrs at 50C)


STABILITY

max

Thermal stability control, Temp.

Filter pressure, differential mm.Hg

max

Tube deposit rating (visual)


CONTAMINATIONS
Existent Gum

Water reacoin, interface rating

Fuel with static dissipater additives

Fuel without static dissipater additive


CONDUCTIVITY

Electrical conductivity p3/m

max
mg/100ml

154

280C

323

25

<3

max

min

75

max
min

227

D130

16
85

131
258

D361

D1084
D3648

Report

By their signatures below, the Parties are verifying they are authorized signatories of their firm and each has had adequate opportunity to review with their
legal counsel and has Understood, Agreed and Accepted this Commercial Invoice effective as of the date stated above and signed this 08/29/2016 buyer
signatory________________

All Parties to this Commercial Invoice hereby agree to be bound by the Terms and Conditions stipulated herein and further state that their respective
representatives have full authority to execute this document.
EDT (ELECTRONIC DOCUMENT TRANSMISSIONS) SHALL BE DEEMED VALID AND ENFORCEABLE INRESPECT OF ANY PROVISSION OF
THIS COMMERCIAL INVOICE. TERMS AGREED TO BY THE BUYER AND SELLER:

I DECLARE THAT THE ABOVE INFORMATION IS TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE.

Represented by: Efimov Vladimir Fedorovich


Export Director
OOO KURGANSKIY NPZ
Sign & Seal

22/08/2016

Represented by: Nihiman ARTINE, Chairman / CEO


Falconoil Exploration & Production (AG), Ltd.

08/29/2016

All Rights Reserved. OOO KURGANSKIY NPZ. http://www.kurgandskiy-npz.ru. .

: 641232, ,
, ,
, 14
-: export@kurganskiy-npz.ru
: +7 499-39-1 1461
: 4510022263 : 1064510014910

ADDRESS: 641232, OBLAST KURGANSKAYA,


RAYON VARGASHINSKIY SELO VARGASHI
ULITSA NOVAYA D 14
E-MAIL: export@kurganskiy-npz.ru
TEL: +7 499-39-11461
INN: 4510022263 OGRN:1064510014910

All Rights Reserved. OOO KURGANSKIY NPZ. http://www.kurgandskiy-npz.ru. .

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