NEW DEAL ON D2 AND JP54

PETROCHEMICALS PRODUCTS;

CONTRACT №: JI/ST/ D2/2010

This Contract made on this day 17th MACH, 2010 by Seller OJSC OIL COMPANY ROSNEFT and Buyer WORLDBIZ BIO RECOURCES SDN BHDor its assignee.

Between:

BUYER
Company Name WORLDBIZ BIO RECOURCES SDN BHD
Address JLN BATU KAWA 92350 KUCHING SARAWAK
Country MALAYSIA
Represented by MR, JIJAR SINGH
Designation CEO

(Hereinafter referred to as "Buyer")

And:

SELLER
Company Name OJSC OIL COMPANY ROSNEFT
Address 26/1,SOFIYSKAYA EMBANKMENT,1,GSP -8 117997.
Country RUSSIA
Represented by IGOR SECHIN
Designation CHAIRMAN BOARD OF DIRECTORS
(Hereinafter referred to as "Seller")

Whereas, the parties mutually desire to execute this Contract which shall be bound upon and in accordance with the jurisdictional law of the negotiated and fully executed contract.

Whereas, the parties mutually accept to refer to the General Terms and Definitions, as set out by the INCOTERMS Edition 2000 (ICC No. 560 & No. 60 URL) with latest amendments, having the following terminology fully understood and accepted:

DEFINITIONS
Metric Ton A measure of weight equivalent to one thousand kilogram mass (1,000kg)

Commodity Referred to as being RUSSIAN GASOIL - D2 (L0.2-62, GOST 305-82) elsewhere in the Agreement also referred to as which specifications are detailed in the “Appendix № 1“which is an integral part of this Contract.

Day Means a Calendar day, unless differently specified.

Month Means a Gregorian calendar month.
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