OUR MISSION STATEMENT

OZ PETROLEUM LIMITED is a stable and rapidly growing oil and gas company with strategic importance and vast history with unique experience in foreign economic activities that acts in the interests of her prospective clients and stakeholders. The prior targeted mission of our company is to be the premier provider of the highest quality petroleum products with a focus in outstanding customer satisfaction and service.

In accordance with the Corporate development strategy approved by the Board of Directors of OZ PETROLEUM LIMITED has been established in 2006 and by 2020 the company shall become a major high technology holding in the Fuel and Energy Industry with developed capacities in the area of hydrocarbons production, including offshore, petrochemical refining, provision of services and trading, and also possess significant potential in the innovational and technological aspects.

MISSION AND PERSPECTIVE OF OZ PETROLEUM LIMITED

Production, treatment, transportation, storage and realization of oil and gas products.

Engineering, construction and operation of transportation systems and pipeline transportation systems.

Foreign economic activities, including export and import of hydrocarbons and products of their refining, including State share of hydrocarbons produced at the fields being developed under PSA.

Development of design estimate documentation for the performance of geologic exploration works, field construction and development, construction and technical re-equipment of production and nonproduction facilities; performance of inspection of the projects prepared by the contractor entities.

Construction, reconstruction and operation of oil refining facilities; oil and gas refining and products realization.

Performance of scientific and research and development works to upgrade the existing and generate new methods and technical means for search, exploration and development of oil and gas fields.

Provision of services for ensuring the safety work performance and compliance with the requirements of subsoil and environment protection; performance of environmental monitoring.

Besides the above listed mission, OZ PETROLEUM LIMITED is structured towards Preservation of competitive benefits and increase of competences in the area of offshore hydrocarbon production, oil refining and petro chemistry; Development of innovational and technological potential by means of own studies and acquisitions on the market of highly technological companies and technologies; Increase of financial resources inflow dedicated to the development of the company by means of active work on the financial markets and in the trading segment; Extension of geography of strategic presence on the international market.

INNOVATIONS IN OIL REFINING (REFINING & PROCESS)

OZ PETROLEUM LIMITED is actively introducing technological innovations in oil refining and petrochemical production that will enable the Company to manufacture petroleum products meeting the strictest environmental standards and to further increase oil conversion ratio. The implementation of modern technologies allows the Company to increase production efficiency, optimize costs, conserve energy and ensure industrial safety.

In order to increase oil conversion ratio, the Company is constructing new delayed cookers and increasing the capacity of the existing ones. Besides, it has started vacuum distillation of visbroken residue and is upgrading tar deasphalting units and vacuum units of catalytic cracking and atmospheric and vacuum distillation facilities. The introduction of low-temperature isomerization technology has resulted improved operational efficiency and increased production of high-octane gasoline components. The Company also plans to build a sulfuric acid alkylation complex, a hydrogen unit, and a hydrocracking g complex. Further upgrade will enable to increase oil conversion ratio, overcome the shortage of hydrogen, and achieve a balance of vacuum gas oil processing capacities.

The vacuum gas oil hydrotreater was upgraded, making it possible to reduce sulfur content in gasoline to the level required by Euro-4 standards, increase the volume of raw material processing and the share of gasoline and diesel fuel in overall refining output. Future plans include the construction of a delayed cooker and a catalytic cracking gasoline hydrotreater.

OZ PETROLEUM LIMITED introduces modern highly efficient technologies in oil production to increase hydrocarbon reserves and oil production volumes, and to decrease operating costs of this high technology refinery.

WE PROVIDE HIGH QUALITY PETROLEUM PRODUCTS

OZ PETROLEUM LIMITED’s success is built on strong partnerships, technical expertise, business acumen and a proven ability to deliver excellent results. We invest continuously in the company and our employees, proactively to revolutionize and improve processes and results, and strive to meet the highest standards of integrity in the workplace.

We anticipate an uninterrupted growth of our company and are keen to discuss partnerships that fuel our vision and propel our company to become the leader in Petroleum & Gas industry. As a company, we work hard to ensure consistently merits the confidence of our investors, partners and other stakeholders around the globe.

Please explore our website to learn more about our services. Let us know what we can do for you.

Yours truly,

Yehonatan Madmoni

President & Chief Executive Officer
OZ PETROLEUM LIMITED

CIF PROCEDURE

CIF ANY WORLD SAFE PORT (AWSP),

1. Buyer issues ICPO With Company Profile and End Buyer Passport Copy , Company’s registration Copy, plus POF (BCL, RWA) through Bank To Bank due diligence.

2. .Seller issues Draft Sales and Purchase Agreement Contract, NCNDA, and Commercial Invoice for buyer’s review and signing. And send back to the seller with in 24 hours .

3. Seller registers and legalizes the signed Sales and Purchase Agreement contract and then both the parties will present legalized SPA to own banks within 24 hours .

4. Buyer issues their Financial Guarantee SBLC- MT760 / DLC -MT700 ( unconditional, transferable) from TOP 25 RATED BANKS to cover equal to two-months invoice value, valid for the full period of contract

NOTED: If the buyer fails to issue -SBLCMT760/DLC-MT700 Within 3 working days, in alternative buyer shall make guarantee deposit of 5% TT Wire from total value of the Contract to seller’s fiduciary bank account as performance to secure the allocation which will be deducted from the first shipment

5. Upon confirmation of buyer’s SBLC-MT760 /DLCMT760 to seller’s bank, Seller issue below Partial POP Documents to the buyer as listed below:

—Certificate of Origin.—

—Commitment to Supply

—Product Passport.—Product Passport.

—Statement of Availability of the product.—

—Export license.—

Upon confirmation of buyer’s PPOP Documents , the seller will send Full POP and Shipping Documents via SWIFT bank to bank as shown below:

—Product Allocation Export Permit.-

—Allocation Title Ownership certificate.——Transneft Contract to transport the product to the loading port.—Port storage agreement.–

Charter party Agreement to transport the product to discharge port.—Tank Storage Receipt.—SGS Quality and Quantity Certificate.–SGS–Bill of Landing.—Vessel Questionnaire 88.— Q88

Shipment commences and upon arrival of the vessel tanker at the discharge port, the buyer conducts SGS Inspection and makes payment for the full shipment via TT Wire or MT103 within 48 hours according to Q&Q report.

Buyer pays to mandates according to NCNDA agreement within 48 hours after receiving TT/MT103 payment from the buyer’s bank.

After completing first shipment, Both Parties will proceed according to signed SPA.

Noted: CIF PROCEDURE NOT CHANGE ANY WORDS

FOB PROCEDURE

Russia/Rotterdam. / Houston/ Ports

BUYER ISSUES ICPO ADDRESSED TO SELLER/REFINERY MANDATE ALONG WITH TSA.POF (BCL, RWA). through Bank To Bank due diligence.
SELLER ISSUES COMMERCIAL INVOICE, BUYER SIGNS AND RETURNS BACK TO SELLER WITHIN THE VALIDITY PERIOD STIPULATED ON THE COMMERCIAL INVOICE.
SELLER VERIFY BUYER TANK FARM AND IF APPROVED, SELLER PROCEED TO REQUEST FOR INVOICE OF 2 DAYS PAYMENT REMITTANCE, SELLER LEASES THE BUYER TANK FARM FOR 2 DAYS ONLY, AND BUYER PAYS FOR 2 DAYS FOR DIP TEST AND LIFTING. SELLER ALSO ISSUES INJECTION SCHEDULE UPON BUYER TANK FARM RECEIVING PAYMENT AND ISSUANCE OF THE TSR AND SELLER PROCEED TO INJECT THE PRODUCT INTO THE LEASED TANK STORAGE.
UPON SUCCESSFUL INJECTION, SELLER RELEASES THE FOLLOWING POP DOCUMENTS TO BUYER;

PRODUCT CERTIFICATE OF ORIGIN
AUTHORIZATION TO SALE AND COLLECT (ATSC)
PRODUCT PASSPORT
DIP TEST AUTHORIZATION, INJECTION REPORT AND NCNDA/IMFPA WILL BE SIGNED BY ALL INTERMEDIARIES INVOLVED IN THE TRANSACTION.

UPON BUYER RECEIPT OF THE PPOP, BUYER INSPECTS PRODUCT WITH SGS AGENT OR EQUIVALENT.
AFTER BUYER’S SUCCESSFUL DIP TEST ON THE PRODUCT, BUYER MAKES THE PAYMENT FOR THE TOTAL VALUE OF THE PRODUCT VIA MT103- TT.
UPON SELLER RECEIVING THE PAYMENT FOR THE PRODUCT FROM THE BUYER, SELLER ISSUES TO BUYER THE TITLE OWNERSHIP OF THE PRODUCT AND ALL EXPORTATION DOCUMENTS OF THE PRODUCT.
BUYER LIFTS THE PRODUCT WITH ITS VESSEL TANKER. BUYER PAYS ALL INTERMEDIARIES INVOLVED IN THE TRANSACTION AND SEND SPA TO BUYER FOR ONE YEAR SUBSEQUENTLY MONTHLY SHIPMENTS CONTINUE AS PER TERMS AND CONDITIONS OF THE CONTRACT

DIP AND PAY PROCEDURE FOR FOB TRANSACTION

1. BUYER ISSUES ICPO, CERTIFICATE OF REGISTRATION, BUYER PASSPORT, STORAGE CAPACITY CONTRACT (TSA) POF/BCL/RWA/ BANK TO BANK.
1. SELLER ISSUES COMMERCIAL INVOICE, AND BUYER SIGNS AND RETURNS TO SELLER.
1. BUYER SIGN CI AND RETURN CI TO SELLER WITH ATV FROM BUYER’S TANKS FOR THE SELLER REPRESENTATIVE, SGS TEAM,AND BUYER REPRESENTATIVE TO MEET AT SELLER AND BUYER TANK STORAGE FOR THE TANK AND PIPELINE VERIFICATION.
1. UPON SUCCESSFUL VERIFICATION,THE SELLER ISSUES THE HARD COPY POP
  DOCUMENTS TO BUYER REPRESENTATIVES IN PERSON (FACE-TO-FACE).
2. QUANTITY AND QUALITY CERTIFICATE (SGS) 48HRS FRESH
3. TANK STORAGE RECEIPT (TSR).
4. PRODUCT PASSPORT (DIP TEST RESULT).
5. STATEMENT OF PRODUCT AVAILABILITY.
6. REFINERY COMMITMENT TO SUPPLY.
7. AUTHORIZATION TO SELL/ COLLECT (ATSC)
8. AUTHORIZATION LETTER TO VERIFY THE PRODUCT WITH THE TANK FARM.
9. COMPANY REGISTRATION CERTIFICATE.
5.UPON SUCCESSFUL VERIFICATION OF DOCUMENTS AND SGS REPORT BY BUYER’S TEAM, BUYER COMMENCE DIP TEST IN SELLER TANK, IF NEED BE FOR MORE CONFIRMATION !
UPON CONFIRMATION PRODUCT Q&Q, INJECTING BEGINS INTO BUYER TANK STORAGE.
1. BUYER MAKES PAYMENT BY MT103 OR TT WIRE TRANSFER FOR THE TOTAL PRODUCT AVAILABLE. WITH IN 12 HOURS
1. SELLER CHANGE TITLE OF OWNERSHIP TO BUYER’S NAME AND BUYER LIFTS THE PRODUCT.
1. COMMISSIONS AS STRUCTURED IN NCNDA/IMFPA SHALL BE PAID WITHIN 48 HOURS OF PAYMENT AS PER NCNDA/IMFPA.
NOTED: THIS PROCEDURE AS IT IS FOR A REAL BUYERS ONLY