Hi5associates

We, Hi5Associates India, with full corporate responsibility and authority of thePrincipal Sellers hereto, confirm hereby that we are ready, willing and able to enter into contract with Principal Buyers or Mandates directly for the commodity referenced hereunder, on the terms and conditions set forth below. This Offer is NOT to be freely and indiscriminately circulated but is for the purposes specifically of the transacting party hereinabove addressed:-COMMODITY SLCOORIGIN Middle EastQUANTITY 300 million barrel/year. Average 25.0 million barrel a month for 12 months.DELIVERY The seller warrants performing delivery of the transacted commodity on FOBbasisPRICE BASED ON THREE DAYS AVERAGE WIRE QUOTATION AS REPORTED BY DUBAIPLATTS FOR CRUDE OIL FOB