Buyer Issue Irrevocable Corporate Purchase Order (ICPO) Directly seller’s Mandate company or CHEVRON MUNAIGAS INC Refinery with buyer’s company letterhead indicating company profile and Company registration Certificate along-side with banking information, buyer's international passport, Tank Storage Agreement (T.S.A.) Seller issues to buyer/ buyer's TSA Tank Storage (UATV) unconditional Authorization to verification letter by electronic email to enable, Seller's diligence operation team visit buyer's Tank storage for physical verification to comfirm the cubic centimeter of the buyer' Tank storage to receive fuel in Rotterdam port, showing the readiness and valid tank to execute the transaction. upon verification and satisfactory, seller approves buyer's Tank Storage

Seller issue Commercial Invoice (CI) for available quantity in tanks storage Rotterdam for Buyer to countersign and return to Seller, signed CI along with Acceptance letter and Valid TSR showing the readiness’ to execute transaction

Upon confirmation of signed CI and TSR by buyer, seller issue DTA to buyer, for buyer to signed and Seller endorse for dip test to be carried out immediately.

Upon confirmation of endorsement of DTA, Buyer provide to Seller their Storage Transmission Clearance and Port clearance permit for the fuel transmission from seller tank storage to buyer's tank storage to enable seller receive the buyer's storage docking coordinates OR collection exit point via intra-port pipeline infrastructure

Seller issues the following Proof of Product (POP) documents for the available quantity to Buyer.

Upon receipt and confirmation of the above POP Documents, Buyer provides its testing officials (SGS INSPECTION TEAM ) to conduct Dip Test to be carried out in seller’s tanks

Upon successful Dip Test in tank, buyer provides ATI from there storage company and seller / Injection company send Tank to Tank injection agreement (TTIA) to be signed by all parties. seller immidiatetly cordial sign acceptance of the PIPELINE Agreement from the PIPPLINE injection company for booking and paying the cost of transmission injection clearance (value $ 0.11 cubic meters) from the injection company to assign the injection date, process to commence as scheduled. upon successful seller issues to the buyer the Notice of Readiness (NOR) to inject the product into buyer's tank storage (Seller Bears the cost of transmission injection clearance)

Upon completion of the injection Seller submits the full injection report to the Buyer and release of the Full Proof of Product POP Full POP with a satisfactory the buyer’s bank pays within 48 hours 100% of the total value of the product unloaded into the buyer’s by wire transfer MT103/TT.

Upon confirmation of the payment, the seller issues to the buyer the ‘title of ownership’ with all exporting documents and pays all Agent’s/ intermediaries’ commissions, as per IMFPA/NCNDA.