IRREVOCABLE CONFIRMED PURCHASE ORDERDate : 13 August 2009To : Lukoil-UralnefteptoductWe, EURO ASIA ENERGY CO. LTD. as funder with full intention to purchase on the following commodity as per the specification and quantity at a price as specified in the foregoing terms and conditions as set forth, hereunder :COMMODITY : Mazut M100 ( GOST 10585-75) Sulphur 0.5SPECIFICATION : As in Appendix APRICE FOR PRINCIPAL BUYER : FOB, Russia Baltic Sea Port, USD270.00 per Metric Ton (‘MT’)CONTRACT QUANTITY: 600,000 MT (50,000 MT x 12 months)SHIPMENT PACKING : In BulkVESSEL CAPACITY : About 50,000MT per vesselCOUNTRY OF ORIGIN : Russian Federation.DESTINATION COUNTRY : Peoples Republic of ChinaINITIAL DELIVERY TIME: Within 35 days after seller’s re ceipt of DL/C (Documentary Letter of Credit)INSPECTION AGENT: SGS at Seller’s po rt to be instructed by Buyer.TYPE OF CONTRACT: FOB, Baltic Sea PortBILL OF LADING: Full set of original Bill of Lading to be presented under the DLC METHOD OF PAYMENT: By Irrevocable, Transferable Documenary Letter of CreditBy signing, Principal Buyer and the Seller are both in mutual understanding and that all other terms are subject to Final Agreement of the Sales Contract.Procedure:Stage 1: The Buyer supplies formal contract relating to the purchase and sale of the goods.Stage 2: Upon signing of the contract, Seller confirms to the Buyer the fact of presence and the arrangement of delivery (conditions of delivery - FOBport Baltic Sea) of fuel oil by presentation of the following documentsrelating to the existence of fuel oil and arrangement for domestictransportation:1.Contract between OOO "Lukoil-Uralnefteptoduct" and OOO "EcologyPlus".2. Contract between "Lukoil - Resource" and OOO "Ecology Plus".(These two Contracts are to delivery Mazut to OOO "Ecology Plus").3. These Contracts No. 1&2 above to delivery 50,000MT Mazut M100 permonth.4. Contract between OOO"Ecology Plus" and "Super Group Purtners,Ltd" under FCA conditions by the group of the city of Ufa refineries.5. The Letter from OOO "Ecology Plus" to Guarantee the delivery (sale)50,000MT of Mazut M100 per month to "Super Group Purtners, Ltd".6. Contract between OOO "ReservNefteGas"and SAO <Интертранс> fortransportation the Goods from the refinery to the loading port No.713dated 09.06.08.7. The Contract between "Super Group Purtners, Ltd." and OOO"ReservNefteGas" for transportation of the Mazut to the port of loadingand loading the Goods.8. Contract between OOO "ReservNefteGas" and "Nord Oil Bunker Ltd"11/06/08 dated 07.06.08 for the storage and reloading (perevalka).Stage 3: The following documents will to be presented to the Buyer as a proof of product commence to deliver to the Buyer:Copy of the statement of availability of the fuel oilCopy of the producer sales contract without financial detailsCopy of the passport of the deal: Marsh route telegramCopy of the refinery run for the month of deliveryCopy of the port storage and loading contractCopy of any issued graphics or preliminary graphics, or tankreceipt and port contract.Stage 4: Within five banking days the Buyer Bank issues the following payment instrument:a) Irrevocable, Revolving Documentary Letter of Credit issued byShanghai Pudong Development Bank to the Supplier for the valueof the cargo-to-cargo or monthly basis;Banking charges of the Buyer's bank are for the Buyer's account, Seller's bank - for Seller's account;Accepted on behalf of the buyerAccepted on behalf of the sellerAppendix ARussian Origin MAZUT-100 Specification:GOST 10585-75COMPONENT RESULT1. Ash content, not more % 0,142. Mass fraction of sulphur, not more % 0,53. Temperature of the flash, not less ºC in the open crucible ºC 110 min4. The temperature of solidification, not higher ºC 255. Kinematics viscosity at 50ºC 118 max6. Water content 0.5%7. Mechanical impurities Lower than 0.1%8. Acidity Lower than 5 mg KOH/100ml9. Alkalinity nil10. Gross Calorific Value Kcal/kg / KJ/kg Min9 200/4130011. Density at 15.0 deg. C Kg/l 0.890-0.92012. Hydrogen Sulfide Content (H2S) pom 0.5 max13. Carbon Residua Lower than 7%14. Vanadium (V) ppm 3015. Aluminum (Al) ppm 516. Silicon (Si) ppm 1217. Nickel (Ni) ppm 2918. Aspartames m/m 3.6%19. Distillation @4 mm HgExtracted to 760 mm HgInitial Boiling Point deg. C 2165% recovered deg. C 25910% recovered deg. C 3102 0% recovered deg. C 35830% recovered deg. C 44540% recovered deg. C 50250% recovered deg. C 53460% recovered deg. C 53875% recovered deg. C 54580% recovered deg. C -9 0% recovered deg. C -Final Boiling point deg. C 5 60Percent Recovered vol 78%Residue vol 22%Total Nitrogen m/m 0.192%20. Sodium (Na) ppm 15。