PURCHASE OF 2,000 BBLS/DAY MINI OIL REFINERY PROJECT

We are pleased to recommend this set of equipment with a daily crude oil processing capacity of 300 tons. Delivery is expected within 3 months, detailed proposal, quotation and factory profile against named buyer.

This quotation is the EX WORK price China for the complete set of equipment, excluding any freight or other charges.

(1) PRICE IN U.S.$ EX WORK HUIZHOU

Quotation: Approximately USD 1.61 M based on today’s exchange rate.

(2) PAYMENT TERMS

Payment terms: 30% + 30% + 40%

PRICE EXCLUDING COMMISSIONS

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