Subject: RE: XRJ- Gemini- SPA - Final draft
From: Niek | Gemini General Trading <[email-masked]>
To: "[email-masked]" <[email-masked]>
Cc: 'Elyas Niroomand Toomaj' <[email-masked]>, Aref | Gemini General Trading <[email-masked]>, Emre | Gemini General Trading <[email-masked]>, Gene | Gemini General Trading <[email-masked]>, 'Majid' <[email-masked]>, Rene | Gemini General Trading <[email-masked]>, 'Seraj Alali' <[email-masked]>, "[email-masked]" <[email-masked]>, "[email-masked]" <[email-masked]>, 'Elyas Niroomand Toomaj' <[email-masked]>
Date: Mon, 18 Sep 2023 06:43:58 +0000

Dear Elyas,

Could you please answer the following questions we just received from our bank officers at Zhejiang Chouzhou Commercial Bank in Hangzhou China:

  1.  Why is the lay out and printing of the Certificate of Quality different than the Certificate of Quantity?
  2.  Why are the both certificates not signed and stamped the same?
  3.  Why are both certificates not addressed to the company that gave order to do the Q&Q inspection?
  4.  We verified and checked both certificates with certificates we hold from previous shipments from other clients and found out there are several differences and discrepancies.
Please advise urgently.

Kind Regards | Met vriendelijke groet| 亲切的问候 | با کمال احترام|مع خالص تحياتي | С Уважением Ник Терсиинг
[signature_2641103240]
Websites:
www.geminigroupofcompanies.com<http://www.geminigroupofcompanies.com/>
www.atlasfse.com<http://www.atlasfse.com/>

Confidentiality notice: this message, together with its annexes, may contain information strictly confidential or privileged and is intended only for the addressee(s) identified above, who only may use, copy and, under his/their responsibility, further disseminate it. If you are not the intended recipient or have read it without entitlement, please be aware that keeping, copying, disseminating or distributing this message to persons other than the addressee(s) is strictly forbidden and transmit it immediately back to the sender, deleting the original message received.

Van: Niek | Gemini General Trading
Verzonden: maandag 18 september 2023 07:20
Aan: [email-masked]
CC: 'Elyas Niroomand Toomaj' <[email-masked]>; Aref | Gemini General Trading <[email-masked]>; Emre | Gemini General Trading <[email-masked]>; Gene | Gemini General Trading <[email-masked]>; 'Majid' <[email-masked]>; Rene | Gemini General Trading <[email-masked]>; 'Seraj Alali' <[email-masked]>; [email-masked]; [email-masked]; 'Elyas Niroomand Toomaj' <[email-masked]>
Onderwerp: RE: XRJ- Gemini- SPA - Final draft
Urgentie: Hoog

Good morning Elyas,

Just arrived at the office and read your below E-mail one more time before responding.

I personally informed a few you a few times how experienced we are dealing with your country and how payment terms look like. We did pre-payments in the past. We are more than happy to do pre-payments of 10% or more of invoice value  but only when the seller is lawful owner of the crude oil and has proven ownership beyond any doubt.

We are dealing with majors and super majors in the oil business. We know by experience how these major companies make their payments. We are dealing, buying and selling on our own account; with our own money. You are not. Nothing wrong with that but please don’t act like you are a major. You are supported by a super major.

Payment by transfer will be done coming night. We are finalizing banking with the involved bank in China, where it is already afternoon.  As soon as the transfer has been done and processed coming night we will send you a copy bank slip and Swift message.

In case you cannot or will not wait any longer please feel free to sell to another buyer. We are really fed up to be addressed as some kind of Internet broker and time waster.

Kind Regards | Met vriendelijke groet| 亲切的问候 | با کمال احترام|مع خالص تحياتي | С Уважением Ник Терсиинг
[signature_2641103240]
Websites:
www.geminigroupofcompanies.com<http://www.geminigroupofcompanies.com/>
www.atlasfse.com<http://www.atlasfse.com/>

Confidentiality notice: this message, together with its annexes, may contain information strictly confidential or privileged and is intended only for the addressee(s) identified above, who only may use, copy and, under his/their responsibility, further disseminate it. If you are not the intended recipient or have read it without entitlement, please be aware that keeping, copying, disseminating or distributing this message to persons other than the addressee(s) is strictly forbidden and transmit it immediately back to the sender, deleting the original message received.

Van: [email-masked]<mailto:[email-masked]> <[email-masked]<mailto:[email-masked]>>
Verzonden: zondag 17 september 2023 17:45
Aan: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>
CC: 'Elyas Niroomand Toomaj' <[email-masked]<mailto:[email-masked]>>; Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>; 'Elyas Niroomand Toomaj' <[email-masked]<mailto:[email-masked]>>
Onderwerp: RE: XRJ- Gemini- SPA - Final draft

Dear Niek,

Please consider following answers for each item, your request is underlined and our answer is in the following:

  1.  “May I ask why you sent us a copy of the license of the seller? This says nothing about ownership of the crude oil.”

Answer : in the email I have mentioned that the consignee is XRJ company with attached certificate of incorporation for your information, it is usual for us that the customer is asking for licenses to make the payment or verification. So I attached this for better understanding and it is not related to certificate of ownership which is B/L.

  1.  “Both attached documents proofs nothing about ownership of the crude oil sold to us. We don’t even know who issued these documents. Our IT guys can’t even confirm that they are originals.”

Answer: please consider that we are usually requesting some down payment to release the document to the customer for your case we have send all these documents without any advance payment and for verification you can check with the Certificate of origin NO. which is issued by the chamber of commerce of Malaysia. And also for Bill of Lading it has been stamped by the master of the Mt. Riti vessel. And the documents are all original this is our normal procedure for all the vessels.

  1.  “We hope you understand that we need certain documents and clear explanations for the banks we are working with. In case of not sending documents or E-mails with clear messages bankers start getting doubts on us for considering wrong and unappropriated relationships with the sellers and countries of origin.  I hope you understand the reasons as well.”
Answer : all documents are clear and original, as we are governmental we can not provide fake materials to the customers, so in case of any doubt please explain in details and then I will ask my logistics to make it clear, the documents are as complete as possible and I have send all materials which has been issued in Malaysia for you in the previous emails.

  1.  We have sent all original materials and documents to your email, please proceed for the payment tomorrow otherwise we will send the termination letter, we have been working with these documents with CNPC, Sinochem and Sinopec and other big  companies and we were not faced the same problems that you are mentioning here. Referring to our discussions with mr Seraj we move forward with you based on trust but it seems that we were take wrong decision and you are saving time for your self to prepare money and you do not have available cash flow to proceed for the payment, we understand you and we are happy to know you as a friend but for crude oil business  you can continue with other suppliers in future.

Regards,
Elyas
XRJ Company

From: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>
Sent: Sunday, September 17, 2023 7:20 AM
To: [email-masked]<mailto:[email-masked]>
Cc: 'Elyas Niroomand Toomaj' <[email-masked]<mailto:[email-masked]>>; Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>; 'Elyas Niroomand Toomaj' <[email-masked]<mailto:[email-masked]>>
Subject: RE: XRJ- Gemini- SPA - Final draft
Importance: High

Dear Sirs,

May I ask why you sent us a copy of the license of the seller? This says nothing about ownership of the crude oil.

Kind Regards | Met vriendelijke groet| 亲切的问候 | با کمال احترام|مع خالص تحياتي | С Уважением Ник Терсиинг
[signature_2641103240]
Websites:
www.geminigroupofcompanies.com<http://www.geminigroupofcompanies.com/>
www.atlasfse.com<http://www.atlasfse.com/>

Confidentiality notice: this message, together with its annexes, may contain information strictly confidential or privileged and is intended only for the addressee(s) identified above, who only may use, copy and, under his/their responsibility, further disseminate it. If you are not the intended recipient or have read it without entitlement, please be aware that keeping, copying, disseminating or distributing this message to persons other than the addressee(s) is strictly forbidden and transmit it immediately back to the sender, deleting the original message received.

Van: [email-masked]<mailto:[email-masked]> <[email-masked]<mailto:[email-masked]>>
Verzonden: zondag 17 september 2023 16:07
Aan: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>
CC: 'Elyas Niroomand Toomaj' <[email-masked]<mailto:[email-masked]>>; Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>; 'Elyas Niroomand Toomaj' <[email-masked]<mailto:[email-masked]>>
Onderwerp: RE: XRJ- Gemini- SPA - Final draft

FYI related to previous email

From: [email-masked]<mailto:[email-masked]> <[email-masked]<mailto:[email-masked]>>
Sent: Sunday, September 17, 2023 7:04 AM
To: 'Niek | Gemini General Trading' <[email-masked]<mailto:[email-masked]>>
Cc: [email-masked]<mailto:[email-masked]>; 'Elyas Niroomand Toomaj' <[email-masked]<mailto:[email-masked]>>; 'Cc: Aref | Gemini General Trading' <[email-masked]<mailto:[email-masked]>>; 'Emre | Gemini General Trading' <[email-masked]<mailto:[email-masked]>>; 'Gene | Gemini General Trading' <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; 'Rene | Gemini General Trading' <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>; 'Elyas Niroomand Toomaj' <[email-masked]<mailto:[email-masked]>>
Subject: FW: XRJ- Gemini- SPA - Final draft

Dear Niek,
Good day,
Thank you for your prompt response.

  1.  Please consider that we are governmental and it is normal procedure to inform the buyer about contractual clauses. We need these communications to collect documents for the government to clear about the reasons for the delays. In case of not sending this emails government makes daubs on us for considering wrong and unappropriated relationships with the buyers. So the previous email is not affecting our good relationship, I hope you understand the reasons as well.

  1.  Regarding the certificate of ownership, attached please find the Bill of lading, this B/L shows consignee is “ Xin Rui Ji Trad Co. Limited” which is the owner of the cargo and we are considering this as the ownership certificate and XRJ is the real owner and title holder as per attached documents, also attached please the certificate of incorporation of XRJ company. For further information I have attached again the Certificate of Origin from chamber of commerce of Malaysia which is  traceable  and shows “Xin Rui Ji Trad Company Limited”  and in item No. 2 of this certificate shows that the goods is assigned to XRJ company.

Please do not hesitate to ask us for further information.

Looking forward to hearing from you very soon.

Regards,

Elyas

XRJ Company
From: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>
Sent: Sunday, September 17, 2023 3:51 AM
To: [email-masked]<mailto:[email-masked]>; 'Elyas Niroomand Toomaj' <[email-masked]<mailto:[email-masked]>>
Cc: Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>
Subject: RE: XRJ- Gemini- SPA - Final draft

Dear Sirs,

It is Sunday and our offices are closed for the weekend.

Your E-mail and message well received and noted. I will not comment to much on its content. We thought we were dealing in friendly environment but apparently we were wrong! When we wrote to you that we did not need a Certificate of Ownership, in order to help you out, we made a very friendly, collegiate gesture but now it seems it was a big mistake. Your approach proofs you want to work strictly businesslike.

Till last Friday we had to fight with our banks and bankers because of you and your company are known in the business to be dealing with a  certain country. We vouched for you, your company and all other parties involved and now you think to write me such an E-mail when you already received from me personally the confirmatuion that banking will be done tomorrow??

Please send us the Certificate of Ownership within the coming hours! If you are not able to send us an official Certificate of Ownership please send us an official letter made and signed by the lawful owner of the light crude oil in which our deal and allocation are confirmed.

Kind Regards | Met vriendelijke groet| 亲切的问候 | با کمال احترام|مع خالص تحياتي | С Уважением Ник Терсиинг
[signature_2641103240]
Websites:
www.geminigroupofcompanies.com<http://www.geminigroupofcompanies.com/>
www.atlasfse.com<http://www.atlasfse.com/>

Confidentiality notice: this message, together with its annexes, may contain information strictly confidential or privileged and is intended only for the addressee(s) identified above, who only may use, copy and, under his/their responsibility, further disseminate it. If you are not the intended recipient or have read it without entitlement, please be aware that keeping, copying, disseminating or distributing this message to persons other than the addressee(s) is strictly forbidden and transmit it immediately back to the sender, deleting the original message received.

Van: [email-masked]<mailto:[email-masked]> <[email-masked]<mailto:[email-masked]>>
Verzonden: zondag 17 september 2023 12:21
Aan: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Elyas Niroomand Toomaj' <[email-masked]<mailto:[email-masked]>>
CC: Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>
Onderwerp: RE: XRJ- Gemini- SPA - Final draft

Dear Niek,
Good day,

Regarding contract NO. SEJ/08092023/C76  dated 8th September 2023 please consider following items:

  1.  As per note 3 of clause 10.3 of the mentioned contract :

“NOTE 3: THE BUYER SHALL MAKE THE FULL PAYMENT LATEST BY 3 CALENDER DAYS  AFTER CONTRACT SIGNATURE.”

  1.  Contract signature and payment due date:

Contract signature date : 10th September 2023

Payment due date: 13th September 2023

  1.  Today is 17th September and 4 days passed from the payment due date.
  2.  We need to correct the pricing period to the new pricing period and amend to the main contract as the due time passed and price has been revised , our management suggested 16th , 17th and 18th of September 2023 (available quotations ) please check and confirm to issue new proforma and commercial  invoice in order to proceed.
  3.  As per Note 4, clause 10.3 of this contract:

“NOTE 4: THIS CONTRCAT  IS ONLY EFFECTIVE AFTER RECEIVING FULL PAYMENT AND IN CASE OF NOT PERFORMING THE ABOVE ITEMS, SELLER SHALL HAVE THE RIGHT TO TERMINATE THE CONTRACT AND SELL THE CARGO TO OTHER POTENTIAL BUYERS.”

In case of not receiving payment and proper answer for above email, we will consider again about the contract and inform you for the next steps.

Looking forward to hearing from you very soon.

Regards,

ELyas

XRJ Company

From: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>
Sent: Friday, September 15, 2023 8:24 AM
To: Elyas Niroomand Toomaj <[email-masked]<mailto:[email-masked]>>
Cc: Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Majid <[email-masked]<mailto:[email-masked]>>; Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Seraj Alali <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>
Subject: Re: XRJ- Gemini- SPA - Final draft

It is 23.23 pm at our bank

Verzonden vanaf Outlook voor Android<https://aka.ms/AAb9ysg>
________________________________
From: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>
Sent: Friday, September 15, 2023 5:15:27 PM
To: Elyas Niroomand Toomaj <[email-masked]<mailto:[email-masked]>>
Cc: Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Majid <[email-masked]<mailto:[email-masked]>>; Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Seraj Alali <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]> <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]> <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]> <[email-masked]<mailto:[email-masked]>>
Subject: Re: XRJ- Gemini- SPA - Final draft

Dear Elyas,

I am out of the office that just closed for the weekend.

At this stage we cannot provide you with any bank documents.

Verzonden vanaf Outlook voor Android<https://aka.ms/AAb9ysg>
________________________________
From: Elyas Niroomand Toomaj <[email-masked]<mailto:[email-masked]>>
Sent: Friday, September 15, 2023 5:12:35 PM
To: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>
Cc: Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Majid <[email-masked]<mailto:[email-masked]>>; Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Seraj Alali <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]> <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]> <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]> <[email-masked]<mailto:[email-masked]>>
Subject: Re: XRJ- Gemini- SPA - Final draft

Dear Niek,

Good evening

As per our contract, the time for payment has already finished but we understand the problems.

In order to get permission from our management please inform us about any documents that shows payment is under process  and we can show our management.

This helps us to keep the vessel till Monday.

Looking forward to hearing from you very soon.

Regards
Elyas

On Fri, Sep 15, 2023 at 17:22 Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>> wrote:

Good day Friends & Colleagues,

We were facing unexpected problems with our banks regarding the origin of product, the port of loading and the many rumors and stories floating across the Internet caused by the sanctions placed upon your country, which is by far one of the most beautiful countries in the world. A few minutes ago we finally received information that coming Monday we will be able to make the payment and do the transfer to your company. Even the banks in China had doubts and lots of questions. All fixed now and ready to go. We will use Zhejiang Chouzhou Commercial Bank.

Our sincere apologies for this unexpected delay.

I wish you a very nice weekend.

Kind Regards | Met vriendelijke groet| 亲切的问候 | با کمال احترام|مع خالص تحياتي | С Уважением Ник Терсиинг

[signature_2641103240]

Websites:

www.geminigroupofcompanies.com<http://www.geminigroupofcompanies.com/>

www.atlasfse.com<http://www.atlasfse.com/>

Confidentiality notice: this message, together with its annexes, may contain information strictly confidential or privileged and is intended only for the addressee(s) identified above, who only may use, copy and, under his/their responsibility, further disseminate it. If you are not the intended recipient or have read it without entitlement, please be aware that keeping, copying, disseminating or distributing this message to persons other than the addressee(s) is strictly forbidden and transmit it immediately back to the sender, deleting the original message received.

Van: [email-masked]<mailto:[email-masked]> <[email-masked]<mailto:[email-masked]>>
Verzonden: dinsdag 12 september 2023 12:53
Aan: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Elyas Niroomand' <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>
CC: Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>
Onderwerp: RE: XRJ- Gemini- SPA - Final draft

Dear Niek,

Good afternoon.

Referring to the recent negotiations the price formula as per contract is confirmed and please find attached commercial invoice.

Appreciate if you would proceed for payment and inform us about  swifts.

Regards,

Elyas

XRJ Company

From: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>
Sent: Tuesday, September 12, 2023 1:12 AM
To: [email-masked]<mailto:[email-masked]>; 'Elyas Niroomand' <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>
Cc: Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>
Subject: RE: XRJ- Gemini- SPA - Final draft
Importance: High

Hello Elyas,

Quotes are available on the 7th and the 8th of September.

Please calculate the average of the 7th, 8th and 11th of September 2023. You can also wait till tomorrow morning and calculate 8th, 11th and 12th.

Kind Regards | Met vriendelijke groet| 亲切的问候 | با کمال احترام|مع خالص تحياتي | С Уважением Ник Терсиинг

[signature_2641103240]

Websites:

www.geminigroupofcompanies.com<http://www.geminigroupofcompanies.com/>

www.atlasfse.com<http://www.atlasfse.com/>

Confidentiality notice: this message, together with its annexes, may contain information strictly confidential or privileged and is intended only for the addressee(s) identified above, who only may use, copy and, under his/their responsibility, further disseminate it. If you are not the intended recipient or have read it without entitlement, please be aware that keeping, copying, disseminating or distributing this message to persons other than the addressee(s) is strictly forbidden and transmit it immediately back to the sender, deleting the original message received.

Van: [email-masked]<mailto:[email-masked]> <[email-masked]<mailto:[email-masked]>>
Verzonden: dinsdag 12 september 2023 08:58
Aan: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Elyas Niroomand' <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>
CC: Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>
Onderwerp: RE: XRJ- Gemini- SPA - Final draft

Dear Niek,

Thanks for the email, please check following items :

  1.  Contract NO. SEJ/08092023/C76  dated 8th September, clause 9.1

The final price of each net US Barrel of crude oil as per attached specification, applicable to the discharged quantity (as per Clause 12 of this contract) at the title transfer location, under the terms and conditions of this contract, shall be denominated in US Dollars per barrel, and shall be determined and calculated by deduction of a differential of USD 13.5 (thirteen point five zero US Dollars) per barrel, from the average of available quotations of dated Brent crude oil (settlement prices) published in Platt’s Crude Oil OILGRAM (PCAAS00) during the pricing period. pricing period shall be fixed base on the average of 3 consecutive available quotations around contract signature date (Available quotation one day before contract signature date , contract signature date and one day after contract signature date).

  1.  Contract signature date as per emails we have received and send :

On day before Contract signature date: 9th September 2023 which is not available due to holidays

Contract signature date: 10th September 2023 which is not available due to holidays

On day after Contract signature date: 11th September 2023 , attached

  1.  Code is PCAAS00 is the index from page 28 th of the attached journal, I attached screen shot which 92.02

  1.  Formula : 92.02-13.5 = 78.52

            BL quantity : 767,205

             Total invoice : 78.25*767,205= 60,240,936.6 USD

  1.  Please consider that we put available quotation of Platt’s Crude Oil OILGRAM and if the Platts was not issued on this day so we just use available quotations. So the price is considered for just 11th of September 2023 and for the other two days we do not have issued Platts.

Regards,

Elyas

From: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>
Sent: Monday, September 11, 2023 11:33 PM
To: [email-masked]<mailto:[email-masked]>; 'Elyas Niroomand' <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>
Cc: Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>
Subject: RE: XRJ- Gemini- SPA - Final draft
Importance: High

Dear Elyas,

Could you please inform how you calculated the mentioned price in the invoice. Is this a three average? Please advise.

Kind Regards | Met vriendelijke groet| 亲切的问候 | با کمال احترام|مع خالص تحياتي | С Уважением Ник Терсиинг

[signature_2641103240]

Websites:

www.geminigroupofcompanies.com<http://www.geminigroupofcompanies.com/>

www.atlasfse.com<http://www.atlasfse.com/>

Confidentiality notice: this message, together with its annexes, may contain information strictly confidential or privileged and is intended only for the addressee(s) identified above, who only may use, copy and, under his/their responsibility, further disseminate it. If you are not the intended recipient or have read it without entitlement, please be aware that keeping, copying, disseminating or distributing this message to persons other than the addressee(s) is strictly forbidden and transmit it immediately back to the sender, deleting the original message received.

Van: Niek | Gemini General Trading
Verzonden: dinsdag 12 september 2023 08:23
Aan: [email-masked]<mailto:[email-masked]>; 'Elyas Niroomand' <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>
CC: Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>
Onderwerp: RE: XRJ- Gemini- SPA - Final draft
Urgentie: Hoog

Dear Elyas,

We hereby confirm acceptance of the attached shipping/cargo documents, sent by you yesterday, belonging to the cargo on board the MT Riti  IMO 9249075. We verified all documents. We accept all documents.

Kind Regards | Met vriendelijke groet| 亲切的问候 | با کمال احترام|مع خالص تحياتي | С Уважением Ник Терсиинг

[signature_2641103240]

Websites:

www.geminigroupofcompanies.com<http://www.geminigroupofcompanies.com/>

www.atlasfse.com<http://www.atlasfse.com/>

Confidentiality notice: this message, together with its annexes, may contain information strictly confidential or privileged and is intended only for the addressee(s) identified above, who only may use, copy and, under his/their responsibility, further disseminate it. If you are not the intended recipient or have read it without entitlement, please be aware that keeping, copying, disseminating or distributing this message to persons other than the addressee(s) is strictly forbidden and transmit it immediately back to the sender, deleting the original message received.

Van: [email-masked]<mailto:[email-masked]> <[email-masked]<mailto:[email-masked]>>
Verzonden: maandag 11 september 2023 13:19
Aan: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Elyas Niroomand' <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>
CC: Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>
Onderwerp: RE: XRJ- Gemini- SPA - Final draft

Dear Niek,

Thank you for your email.

Regarding contract NO. SEJ/08092023/C76  dated 8th September please consider following items:

  1.  Price term item No. 9-1 as follows :

“The final price of each net US Barrel of crude oil as per attached specification, applicable to the discharged quantity (as per Clause 12 of this contract) at the title transfer location, under the terms and conditions of this contract, shall be denominated in US Dollars per barrel, and shall be determined and calculated by deduction of a differential of USD 13.5 (thirteen point five zero US Dollars) per barrel, from the average of available quotations of dated Brent crude oil (settlement prices) published in Platt’s Crude Oil OILGRAM (PCAAS00) during the pricing period. pricing period shall be fixed base on the average of 3 consecutive available quotations around contract signature date (Available quotation one day before contract signature date, contract signature date and one day after contract signature date).”

As per time of signing the contract and receiving email:

On day before Contract signature date: 9th September 2023 which is not available

Contract signature date: 10th September 2023 which is not available

On day after Contract signature date: 11th September 2023 , tomorrow will be issued

As we do not received the platt’s oilgram today we have issued provisional invoice based on 8th of September the latest index we have in hand, and tomorrow we will issue commercial invoice.

I have attached the plats oil gram based on 8th of September and the screen shot of PCAA00.

  1.  Regarding the draft of the vessel please consider that MT. RITI is SUEZ MAX and is not fully loaded, 20 meters is the draft for VLCC and due to not tracking the vessel, our loaded vessels usually are displayed in the laden conditions.

  1.  Regarding the requested documents please find attached, if there is any other required materials, please do not hesitate to ask from us. For certificate of ownership I have attached B/L under the name of “Xin Rui Ji Trad Company” and cargo manifest and also for q88 intertanko we have sent before and I have attached again.

Regards,

Elyas

Commercial department

XRJ company

From: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>
Sent: Sunday, September 10, 2023 9:51 AM
To: [email-masked]<mailto:[email-masked]>; 'Elyas Niroomand' <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>
Cc: Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>
Subject: RE: XRJ- Gemini- SPA - Final draft
Importance: High

Dear Elyas,

Payment terms are crystal clear. Your vessel will not move one inch before your invoice has been paid and the money has been credited in seller’s bank account. You take no risk whatsoever.

NOTE 3: PAYMENT IS DONE BY INTERNATIONAL MONEY WIRE TRANSFER IMMEDIATELY AFTER CONTRACT HAS BEEN SIGNED, THE SELLER HAS SEND A COPY OF THE FULL SET OF SHIPPING DOCUMENTS BY E-MAIL TO: [email-masked]<mailto:[email-masked]> AND BUYER HAS VERIFIED AND ACCEPTED THE SET OF SHIPPING DOCUMENTS. SELLER’S VESSEL WILL ENTER PORT AND BERTH AFTER RECEIPT OF MONEY WIRE TRANSFER IN SELLER’S BANK ACCOUNT. THE BUYER SHALL MAKE THE FULL PAYMENT LATEST BY 3 CALENDER DAYS  AFTER CONTRACT SIGNATURE.

Kind Regards | Met vriendelijke groet| 亲切的问候 | با کمال احترام|مع خالص تحياتي | С Уважением Ник Терсиинг

[signature_2641103240]

Websites:

www.geminigroupofcompanies.com<http://www.geminigroupofcompanies.com/>

www.atlasfse.com<http://www.atlasfse.com/>

Confidentiality notice: this message, together with its annexes, may contain information strictly confidential or privileged and is intended only for the addressee(s) identified above, who only may use, copy and, under his/their responsibility, further disseminate it. If you are not the intended recipient or have read it without entitlement, please be aware that keeping, copying, disseminating or distributing this message to persons other than the addressee(s) is strictly forbidden and transmit it immediately back to the sender, deleting the original message received.

Van: Niek | Gemini General Trading
Verzonden: zondag 10 september 2023 18:47
Aan: [email-masked]<mailto:[email-masked]>; 'Elyas Niroomand' <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>
CC: Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>
Onderwerp: RE: XRJ- Gemini- SPA - Final draft
Urgentie: Hoog

Dear Elyas,

Please read attached signed contract; section 10 Payment Note 3 carefully. Set of shipping documents must be send. We don’t renegotiate a signed contract. We are trying to verify documents you have sent earlier but which information is too brief.  We need the following set of shipping documents; at least at minimum below mentioned documents A, B, C, D, F and I.

(A) COMMERCIAL INVOICE.

(B) BILL OF LADING.

(C) CERTIFICATE(S) OF QUANTITY AND QUALITY.

(D) CERTIFICATE OF ORIGIN.

(E) MASTER’S RECEIPT OF DOCUMENTS.

(F) ULLAGE REPORT ISSUED AT LOADING PORT.

(G) CERTIFICATE OF OWNERSHIP

(H) VESSEL CHARTER PARTY AGREEMENT

(I) VESSEL QUESTIONNAIRE 88 ISSUED BY INTERTANKO

Kind Regards | Met vriendelijke groet| 亲切的问候 | با کمال احترام|مع خالص تحياتي | С Уважением Ник Терсиинг

[signature_2641103240]

Websites:

www.geminigroupofcompanies.com<http://www.geminigroupofcompanies.com/>

www.atlasfse.com<http://www.atlasfse.com/>

Confidentiality notice: this message, together with its annexes, may contain information strictly confidential or privileged and is intended only for the addressee(s) identified above, who only may use, copy and, under his/their responsibility, further disseminate it. If you are not the intended recipient or have read it without entitlement, please be aware that keeping, copying, disseminating or distributing this message to persons other than the addressee(s) is strictly forbidden and transmit it immediately back to the sender, deleting the original message received.

Van: Niek | Gemini General Trading
Verzonden: zondag 10 september 2023 18:14
Aan: [email-masked]<mailto:[email-masked]>; 'Elyas Niroomand' <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>
CC: Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>
Onderwerp: RE: XRJ- Gemini- SPA - Final draft
Urgentie: Hoog

Dear Elyas,

We are trying to verify documents you have sent earlier but which information is too brief.  Is it possible to send us the following documents:

(A) COMMERCIAL INVOICE.

(B) BILL OF LADING.

(C) CERTIFICATE(S) OF QUANTITY AND QUALITY.

(D) CERTIFICATE OF ORIGIN.

(E) MASTER’S RECEIPT OF DOCUMENTS.

(F) ULLAGE REPORT ISSUED AT LOADING PORT.

(G) CERTIFICATE OF OWNERSHIP

(H) VESSEL CHARTER PARTY AGREEMENT

(I) VESSEL QUESTIONNAIRE 88 ISSUED BY INTERTANKO

Kind Regards | Met vriendelijke groet| 亲切的问候 | با کمال احترام|مع خالص تحياتي | С Уважением Ник Терсиинг

[signature_2641103240]

Websites:

www.geminigroupofcompanies.com<http://www.geminigroupofcompanies.com/>

www.atlasfse.com<http://www.atlasfse.com/>

Confidentiality notice: this message, together with its annexes, may contain information strictly confidential or privileged and is intended only for the addressee(s) identified above, who only may use, copy and, under his/their responsibility, further disseminate it. If you are not the intended recipient or have read it without entitlement, please be aware that keeping, copying, disseminating or distributing this message to persons other than the addressee(s) is strictly forbidden and transmit it immediately back to the sender, deleting the original message received.

Van: [email-masked]<mailto:[email-masked]> <[email-masked]<mailto:[email-masked]>>
Verzonden: zondag 10 september 2023 17:35
Aan: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Elyas Niroomand' <[email-masked]<mailto:[email-masked]>>; 'Majid' <[email-masked]<mailto:[email-masked]>>; 'Seraj Alali' <[email-masked]<mailto:[email-masked]>>
CC: Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; [email-masked]<mailto:[email-masked]>; [email-masked]<mailto:[email-masked]>
Onderwerp: RE: XRJ- Gemini- SPA - Final draft

Dear Niek,

Thank you for the prompt responses, and we are really appreciate for cooperation with you.

Attached please find the cargo documentation as per contract No. SEJ/08092023/C76 .

Please let us know for further information you may request.

We will provide invoice as per pricing period after verification.

As per contract vessel is anchored near Qingdao and ready to discharge after payment received.

Regards,

Elyas

Commercial department

XRJ Company

From: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>
Sent: Sunday, September 10, 2023 5:42 AM
To: Elyas Niroomand ([email-masked]<mailto:[email-masked]>) <[email-masked]<mailto:[email-masked]>>; Majid ([email-masked]<mailto:[email-masked]>) <[email-masked]<mailto:[email-masked]>>; Seraj Alali ([email-masked]<mailto:[email-masked]>) <[email-masked]<mailto:[email-masked]>>; Du Guangzhi ([email-masked]<mailto:[email-masked]>) <[email-masked]<mailto:[email-masked]>>
Cc: Rene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Aref | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Emre | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; Gene | Gemini General Trading <[email-masked]<mailto:[email-masked]>>
Subject: FW: XRJ- Gemini- SPA - Final draft
Importance: High

Dear Elyas,

Attached the signed and stamped confidentiality agreement. Please confirm receipt of attached signed and stamped confidentiality agreement.

Kind Regards | Met vriendelijke groet| 亲切的问候 | با کمال احترام|مع خالص تحياتي | С Уважением Ник Терсиинг

[signature_2641103240]

Websites:

www.geminigroupofcompanies.com<http://www.geminigroupofcompanies.com/>

www.atlasfse.com<http://www.atlasfse.com/>

Confidentiality notice: this message, together with its annexes, may contain information strictly confidential or privileged and is intended only for the addressee(s) identified above, who only may use, copy and, under his/their responsibility, further disseminate it. If you are not the intended recipient or have read it without entitlement, please be aware that keeping, copying, disseminating or distributing this message to persons other than the addressee(s) is strictly forbidden and transmit it immediately back to the sender, deleting the original message received.

Van: [email-masked]<mailto:[email-masked]> <[email-masked]<mailto:[email-masked]>>
Verzonden: zondag 10 september 2023 13:54
Aan: Niek | Gemini General Trading <[email-masked]<mailto:[email-masked]>>; 'Elyas Niroomand' <[email-masked]<mailto:[email-masked]>>; 'Majid' <
--

---------

Elyas Niroomand Toomaj,

B.Sc. in Petroleum Engineering,  Sharif University of Technology

M.Sc. in Drilling & Production Engineering, Sahand University of Technology

Cell: +98  (915) 8518624
Email: [email-masked]<mailto:[email-masked]>