PRIMEX RE NE W A B LE E NE RGY Date: September 28th, 2019 To: OJSC ROSNEFT - Moscow Via: Mr.Alexey Safronov & Mr. Alexander Karpenko LETTER OF INTENT We, as Buyer, are pleased to tell you that we are ready to be able to transact and buy the commodity denominated “JET FUEL A-1” as for the quantity specified in the terms and conditions as stated below: COMMODITY: SPECIFICATIONS: COUNTRY OF ORIGIN: QUANTITY: CONTRACT DURATION: PLACE OF DELIVERY: PAYMENT: COMMISSIONS: Jet Fuel A-1 Aviation fuel Russia 50.000 MT/month Trial + 12 months FOB every Russian port Dip & Pay, Swift MT103 before injection after SGS inspection Buyer’s side opened, Seller’s side closed LOI validity: 20 (twenty) days from the date. We will wait for knowing the technical data sheet of your product. Buyer’s signature Primex Renewable Energy Via Roma,275 - 97019 Vittoria (ITALIA) VAT: IT1346660887 C.C.I.A.A. di Ragusa R.E.A. 112189 N.Mecc. RG009491 BANK: Credito Valtellinese S.p.A. Tel.+39 0932.862343 mobile +39 368.7130722 email: rosario.vasile@primex.org.uk www.primex.org.uk