HDKL

1ST Fl,S/L8, Lot5561`-5565, Jln Song, 93350 Kuching Sarawak, Malaysia

Email: [email protected] Contact: +60168888815

Contract Code: SR-HDKL/NM/SPA-EN590(V-T)/2024

DATE: 21st March 2024

C&F WORKING PROCEDURES VESSEL TO TANK (“Option A”)

1. Buyer issues ICPO must be with buyer company letterhead alongside buyer BCL and CIS.

2. Seller review Buyer ICPO and apply for export Quota from the Kazakhstan Ministry of
Energy, after a successful Quota application from the Ministry, Seller issue a Sales Purchase
Agreement (SPA) Open for amendments and final endorsement. On the basis of a confirmed
Quota, Seller applies for Allocation code from the Energy Ministry which will be paid by the
buyer immediately on the Signing of the SPA. Seller gives Partial proof of products.
(A) Seller Irrevocable Commitment to Supply
(B) Statement of availability of product
(C) Certificate of origin
(D) Commercial invoice for the first value shipment

3. Within 5-7 banking days in limitation, Buyer's bank sends Irrevocable Operative SBLC via
MT760 or DLC via MT700 in accordance to seller's fiduciary bank verbiage to seller
designated fiduciary offshore/onshore bank account(s) for first month shipment. Should
buyer fails to issue payment instrument within 5-7 banking days, buyer must make Cash
Deposit $320,000 by TT/ MT103/swift wire transfer for security guarantee to enable seller
charter vessel and commencement of shipment, and this payment will be deducted from
the total cost of shipment product after inspection at discharge port, otherewise, an
appropriate legal proceeding will be effected against buyer’s contract default (without
protest).

4. Seller's Bank Issues Full POP Documents to the Buyer's Bank alongside with 2%
Performance Bond (PB2%).
a) Copy of license to export, issued by the department of the Ministry of Energy, Kazakhstan
Republic.
b) Copy of Approval to Export, issued by the Ministry of Justice, Kazakhstan Republic.
c) Copy of statement of availability of the product.
d) Copy of the refinery commitment to produce the product.
e) Copy of Transnet contract to transport the product to the loading port.
f) Copy of the port storage agreement.
g) Copy of the charter party agreement to transport the product to discharge port.
h) Copy of Vessel Questionnaire 88.
i) Copy of Bill of Lading.
j) SGS Report at loading port.
[Type here]
 HDKL
1ST Fl,S/L8, Lot5561`-5565, Jln Song, 93350 Kuching Sarawak, Malaysia
Email: [email protected] Contact: +60168888815

k) Dip test authorization (DTA) & ATB

l) Nor/ Eta
m)Certificate of ownership transfer
n) Allocation transaction passport code certificate (ATPCC) by ministry of energy.

5. Shipment commences as per signed contract delivery schedule and the shipment should
arrive at buyer's discharge port within 14-24 days. The sgs inspection will borne by seller at
the loading seaport and buyer at the unloading seaport.
6. Buyer releases payment to seller by TT/MT103 upon receipt Of shipping documents and
confirmation Of Q&Q BY SGS/CIQ at discharge port.

C&F WORKING PROCEDURE VESSEL TO VESSEL (“Option B”)

[Type here]
 HDKL
1ST Fl,S/L8, Lot5561`-5565, Jln Song, 93350 Kuching Sarawak, Malaysia
Email: [email protected] Contact: +60168888815

1. Buyer Confirms Seller SCO/FCO and Issue ICPO with Full Banking Information
alongside with BCL/SBLC and CIS

2. Seller Acknowledges Buyer's ICPO and Issues Contract To buyer open for
amendment. Buyer Signs and Returns the Contract To The Seller In Word Format
Within Three (3) International Working Days.

3. Seller Makes the Final Signature, Notarized The Contract With Appropriate
Authorities, Convert to Pdf and Send to Buyer As Final Approved Copy Along With
The Following Documents:
A. Product Certificate Origin
B. Product Passport
C. Charter Party Agreement (CPA)
D. Copy Of The Refinery's Letter of Commitment

4. Seller Makes Arrangements For The Chartered Freight with a Renowned Shipping
Company For the “Transportation Of Products” To Buyer Designated Vessel at the Discharge
Port, Both Seller And Buyer Sign The Charter Party Agreement (CPA) together with The
Shipping Company (at Three Party CPA), Seller Pays CPA Cost 100% via TT/ Swift Wire Cash
Transfer directly To The Shipping Company.

5. After Confirmation of the Charter Fee By The Shipping Company, The Buyer Authorize Her
Bank(s) to disburse $320,000 Product Loading Security Fee for the Seller's Bank To Enable
The Seller To Commence Loading of Product with Shipping Company.

6. Upon official receipt Of Buyer's Security Fee via TT/ Swift Wire Cash Transfer, the Seller
shall setforth and effects their Product’s loading for the First Trial Shipment (made payable
to the Seller) within Four(4) International Working Days And Sends POP Documents (in
Buyer's Corporate Name) to Buyer's Designated Bank together with the 11 Sets of contract
documents as appended below):

A. Certificate Of Incorporation
B. Act Of Transfer
C. Commercial Invoice
D. Company Taxpayer's Certificate
E. Fresh SGS Report(s)
F. Tank Receipt
G. Q88 And Quality Specification
H. Bill Of Lading.

[Type here]
 HDKL
1ST Fl,S/L8, Lot5561`-5565, Jln Song, 93350 Kuching Sarawak, Malaysia
Email: [email protected] Contact: +60168888815

l.Certificate Of Non-Wooden
J.NOR -Notice Of Readiness
K.ETA -Estimated Time Of
Arrival.

7. Buyer Notifies Seller By Official Written Notice Of His Bank Receiving Seller's Pop
Documents While
Seller Sends TO Buyer The Registered Hard Copy Of The Contract Through Courier Service
Within Four(4) Days. Shipment Commences As Scheduled In The Contract And Upon Arrival
Of The Cargo At The Discharge Port, Buyer's Inspection Team Carries Out CIQ, SGS Or
Equivalent Inspection To Ascertain Quality And Quantity.
8. Product Is Discharged After Successful Inspection Into Buyer's vessel, Then Buyer' S Bank
Releases Payment For Total Value Of The Product To Seller' S Bank, And Commissions To
Buyer Mandate Bank Within Six (5) Banking Days BY TT/ Direct Bank Transfer/ MT 103 Swift
Wire Transfer /Seller Transfers Title Of The Product to Buyer.

9. Second And Succeeding Shipments Continue.

….………………………………………………………………..
Asia Pacific Dealer cum Authorized Mandate
Cr Joshua Wong

Si
Director General
Mr. Seitzhanov Nurzhan Serikzhanovich

[Type here]