Date: Feb 1, 2016 REF: SC/DK/PRAS/BMBLCD/D2Dl2Dl6 Tupras c/o a email only Dear , As requested, we are sending you our offer to supply BLCO on a long-term basis. , Inc. as represented by , President & CEO, hereby confirms with full legal and corporate responsibili and under penal of perjury that we are ready, willing and able to enter into a Sale and Purchase Agreement ("SPA") r the commodity as specified below and to perrm in accordance with the terms and conditions as agreed to in the SPA. PRODUCT COMMODITY BONNY LIGHT CRUDE OIL (BLCO) PRODUCT ORIGIN Nigeria SPECIFICATIONS Standard Export Grade PRICE er barrel BY SWIFT MT103 at discharge port, guaranteed by PAYMENT issued or confirmed by a bank acceptable to Seller COMMISSION To be paid by Seller QUANTITY Eight million (8,000,000) barrels per month r thir six (36) months, with rolls and extensions CONTRACT QUANTITY Two hundred eigh eight million (288,000,000) barrels DELIVERY CIF Turkey Port (Incoterms 2010) CONTRACT PERIOD Thi six (361 months with rolls & extensions 1 Intei - Responsibility - Accountabili