LIGHT TRADING COMPANY LIMITED Address: 4314 W CRYSTAL LAKE RD # C, MCHENRY, ILLINOIS 60050 USA. Email: Lighttradingco@gmail.com

Telephone: +1 (815) 528-5186

Date: 03/01/2012

To: End Buyer

Atten: TEMIC ENERGY LIMITED

SOFT OFFER

The undersigned company on behalf of the End Seller Company hereby with full corporate

and legal responsibility, under penalty of perjury confirms that we are ready, willing and able

to supply the following petroleum products / commodities:

RUSSIA EXPORT BLEND CRUDE GOST 51 858

50,000 - 5,000,000 Barrels per Month

Price: Gross $80.00 /Net $ 74.00 CIF

Gross $78.00/$72.00 Net FOB

RUSSIA EXPORT BLENDS CRUDE GOST 9965

50,000 - 5,000,000 Barrels per Month

Price: Gross $ 85.00 / Net $ 75.00 CIF

Gross $82.00/Net $76.00 FOB

D2 RUSSIAN GASOIL L-0.2-62 GOST 305

20,000 - 500,000 Metric Tons per Month

Price: Gross $ 560.00 /Net $ 550.00 CIF

Gross $ 550.00/Net $ 540.00 FOB

DIESEL GASOIL ULTRA-LOW SULPHUR 50 PPM

20,000 – 300,000 Metric Tons per Month

Price: Gross $ 520.00 / Net $ 510.00 CIF

Gross $ 510.00/Net $ 500.00 FOB

DIESEL GASOIL ULTRA-LOW SULPHUR 10 PPM 20,000 – 250,000 Metric Tons per Month

Price: Gross $ 510.00 / Net $ 500.00 CIF

Gross $ 500.00/Net $ 490.00 FOB

MAZUT M100 GOST-10585-75

20,000 - 250,000 Metric Tons per Month

Price: Gross $ 340.00 / Net $ 330.00 CIF

Gross $ 330.00/Net $ 320.00 FOB

MAZUT 100 GOST –10585-99

20,000 - 200,000 Metric Tons per Month

Price: Gross $ 350.00 / Net $ 340.00 CIF

Gross $ 340.00/Net $ 330.00 FOB

RUSSIAN AVIATION KEROSENE COLONIAL GRADE 54 JET FUEL

50,000-5,000,000 Barrels per Month

Price: Gross $ 82.00 / Net $ 76.00 CIF

Gross $ 76.00/Net $ 70.00 FOB

JET FUEL A1 91/91

50,000 - 500,000 Barrels per Month

Price: Gross $ 78.00 / Net $ 72.00 CIF

Gross $ 76.00/Net $ 70.00 FOB

LIQUEFIED PETROLEUM GAS (PROPANE (C3H8) 50%+ BUTANE (C4H10) SEPARATED (LPG)

20,000 - 500,000 Metric Tons per Month

Price: Gross $470.00 / Net $ 460.00 CIF

Gross $ 460.00/Net $ 450.00 FOB

LIQUEFIELD NATURAL GAS 5542-87 (LNG)

20,000 - 100,000 Metric Tons per Month

Price: Gross $ 430.00 / Net $ 420.00 CIF

Gross $ 420.00/Net $ 410.00 FOB

COMPRESSED NATURAL GAS (CNG)

250 million cubic feet for first trial shipment

Price: Gross $ 380.00 / Net $ 370.00 CIF

Gross $ 370.00/Net $ 360.00 FOB

GASOLINE 87 OCTANES

150,000 – 2,000,000 MT Annual contract

Price: Gross $ 430.00 /Net $ 420.00 CIF

Gross $ 420.00/Net $ 410.00 FOB

GASOLINE 89 OCTANES

150,000 – 2,000,000 MT Annual contract

Price: Gross $ 460.00/Net $450.00 CIF

Gross $ 450.00/Net $ 440.00 FOB

GASOLINE 95 OCTANES

150,000 – 2,000,000 MT Annual contract Price: Gross $ 510.00/Net $500.00 CIF

Gross $ 500.00/Net $ 490.00 FOB

BITUMEN / PETROLEUM ASPHALT

50,000-500,000 Metric Tons per Month

Price: Gross $ 390.00/Net $380.00 CIF

Gross $ 380.00/Net $ 370.00 FOB

FUEL OIL CST180

20,000-2,000,000 Metric Tons per Month

Price: Gross $ 330.00 / Net $320.00 CIF Gross $ 320.00/Net $ 310.00 FOB

FUEL OIL CST380

20,000-2,000,000 Metric Tons per Month

Price: Gross $ 330.00 / Net $320.00 CIF

Gross $ 320.00/Net $ 310.00 FOB

BASE OIL

SN 100 - $1300 per Metric Ton

SN 150 - $1,360 per Metric Ton SN 300 - $1,400 per Metric Ton

SN 500 - $1, 430 per Metric Ton

Procedure: 1. Buyer confirms Soft Offer and acceptance of the procedures and issues an LOI.

2. Seller issues Full Corporate Offer to the Buyer for signatory and acceptance. 3. Buyer signs, seals and returns the Full Corporate Offer and issues ICPO with right to soft probe together with full banking details including bank officer’s name and other particulars.

4. Seller issues draft contract to implement this agreement and after signing and sealed, copies are exchanged. The transaction and verification process must proceed within 5(five) working

days. 5. It is mandatory to register and legalize the contract/ product officially with the Russian Ministry of Energy and the Russian Chamber of Commerce, the expenses will be borne by

Seller and Buyer and negotiation starts with transaction code №……………. from the Ministry of

Energy. These expenses will be borne by the Seller and Buyer and it is NOT NEGOTIABLE. Upon lodging of the signed contract for registration and legalization, seller issues to buyer

invoice for buyer's 50% payment as required along with; a. Certificate of Origin endorsed by the Russian Chambers of Commerce and Industry

b. Letter of Affirmation from the Ministry of Justice.

c. Corporate Guarantee/Addendum. d. Refinery Affidavit. e. Export Permit.

6. Seller sends to buyer Legalized Contract along with the Act of Transfer/Change of Ownership Title Holder.

7 Within 5(Five) banking days of buyer’s receipt of Legalized Contract, buyer issues via swift bank to bank Proof of Funds (MT-799) to seller’s bank by the way of pre-advice Letter of Credit.

8 Seller’s bank issue Full POP bank to bank.. 9 Within 5(Five) banking days of seller’s bank receiving the Non-Operative Letter of

Credit, the seller shall open the 2% PB in favor of the buyer and this shall activate buyer’s

Letter of Credit. 10 Delivery commence as scheduled.

NOTE: Application to be Seller’s mandate is available.

Price lists are negotiable in some terms. If the terms and procedures are acceptable, kindly provide your LOI for us to proceed.

Dennis Bailey CEO/PRESIDENT. LIGHT TRADING COMPANY LIMITED.

Valid for 14 Days.