Subject: Re: F S Energy LOI HCO
From: Trade Inichaos <[email-masked]>
To: "[email-masked]" <[email-masked]>
Cc: "[email-masked]" <[email-masked]>, "[email-masked]" <[email-masked]>, OPS Inichaos <[email-masked]>
Date: Tue, 31 Dec 2024 06:53:43 +0000

Dear Sir

We thank you for the meeting and your ensuing email.

As matter of principle, we are prepared to correct the LOI and provide you with the information and documents for your KYC procedure.

However, we also need your concrete confirmation about the cargo being already available in the storage tank, as well as some basic information about the port and storage facility where the cargo currently is.

We look forward to receiving your kind response,

Best regards

Get Outlook for iOS<https://aka.ms/o0ukef>
________________________________
From: [email-masked] <[email-masked]>
Sent: Sunday, December 29, 2024 4:20:30 PM
To: Trade Inichaos <[email-masked]>
Cc: [email-masked] <[email-masked]>; [email-masked] <[email-masked]>; OPS Inichaos <[email-masked]>
Subject: RE: F S Energy LOI HCO

Dear Mr. Sezavar,

Thanks for the meeting today and really appreciate for your time and the presence of Mr. Eslami zad.

We hereby summarize the meeting subjects :

  1.  Buyer will correct LOI as per discussed conditions
  2.  Buyer will complete  KYC form and provide all the information as soon as possible
  3.  Seller will provide proposed recap and buyer can put its comments on the recap
  4.  Hamta International Group will provide hedging proposal ( this is optional )
  5.  Hamta International Group will provide the proposal for FCA (Financial Conduct Authority ) license ( this is optional )
  6.  Hamta International Group will provide the proposal for bank establishment license ( this is optional )
  7.  Hamta International Group will provide the proposal for crude oil price estimation in 2025 ( this is optional )

In order to expedite the process we can suggest to create a group with final buyer in china to discuss more.

Please consider that number 4-6 is optional and it is not necessary, in case of your interest and as per meeting you can propose to us for cooperation.

Looking forward to hearing from you as soon as possible.

Regards,

Commercial department

From: Trade Inichaos <[email-masked]>
Sent: Saturday, December 28, 2024 7:23 PM
To: [email-masked]
Cc: [email-masked]; [email-masked]; OPS Inichaos <[email-masked]>
Subject: F S Energy LOI HCO

ا Dear Sir/Madam

I trust this email find you well.

Reference to previous conversations of our representative, we are pleased to confirm our availability to purchase Heavy Crude Oil from your esteemed company on DES or DDU basis to fulfill our commitment to our buyer Shandong Shouguang Luqing Petrochemical CO. LTD.

Please find attached our LOI and we are eagerly looking forward to your response.

sincerely,

For and on behalf of F.S. Energy Trading(HK)Limited