Product sale terms

Dear Sirs!

Republican Unitary Enterprise «Production Association Belorusneft» is selling for export on  competitive basis (tenders) liquefied petroleum gas (LPG) of the following brands: propane automobile (PA), propane-butane automobile (PBA) and individual hydrocarbon fractions (normal butane, isobutane, normal pentane, isopentane) produced by the Belarusian gas processing plant.

Sales can be both on the spot and long-term conditions. The information about the sales is published on the official website of the company in the section "Current offer» http://www.belorusneft.by/sitebeloil/ru/addUp/products/currentoffer/.

Also, in the period of announcing of the sales of  LPG  and individual hydrocarbon fractions, the company is sending an appropriate offer by e-mail to the  potential Buyers. Your company is also included in the mailing list of our offers.

In the attached file you will find the passports of quality of the products the company is selling.

The final price of the gas liquefied hydrocarbon being the propane-butane automobile (PBA), isobutane fraction, normal butane is determined in EURO for one metric ton by the following formula:

P = (Q + C),

Where Q – the average of averages quotations of all quoted days of the time frame from the Thursday till Wednesday (including) precede the timeframe of the shipment  from the Friday till Thursday (including) for quotations «SPBT Poland (DAF Brest)», published in «Argus Media» «LPG and condensate», EURO/t;

C - the correction in EURO for one metric ton;

The final price of propane automobile is determined in EURO for one metric ton by the following formula:

P = (Q + C),

Where Q – the average of averages quotations of all quoted days of the time frame from the Thursday till Wednesday (including) precede the timeframe of the shipment  from the Friday till Thursday (including) for quotations «Propane Poland (DAF Brest)», published in «Argus International

LPG », EURO/t;

C - the correction in EURO for one metric ton;

The final price of isopentane fraction is determined in EURO for one metric ton by the following formula:

P = (Q + C) / R,

where, Q - average of averages quotations for all quotation days for the term from Thursday up to Wednesday (including) preceding the term of dispatch from Friday up to Thursday (including) for quotations published «Argus Media» at position «Eurobob Oxy» under the heading «Northwest Europe», USD/t;

C – the correction  in USD for one metric ton.

R – the average value of the rates of Euro in USD published by European central bank on page (is approximated to four decimal digits)

http://www.ecb.europa.eu/stats/exchange/eurofxref/html/eurofxref-graph-usd.en.html for the term from Thursday up to Wednesday (including) preceding the term of dispatch from Thursday up to Wednesday (including).

The final price of normal pentane fraction is determined in EURO for one metric ton by the following formula:

P = (Q + C) / R,

where, Q - average of averages quotations for all quotation days for the term from Thursday up to Wednesday (including) preceding the term of dispatch from Friday up to Thursday (including) for quotations published «Platts European Mаrketscan» at position «Naphtha» under the headings «Cargoes CIF NWE/Basis ARA» and «Barges FOB Rotterdam», USD/t;

C – the correction in USD for one metric ton.

R – the average value of the rates of Euro in USD published by European central bank on page (is approximated to four decimal digits)

http://www.ecb.europa.eu/stats/exchange/eurofxref/html/eurofxref-graph-usd.en.html for the term from Thursday up to Wednesday (including) preceding the term of dispatch from Thursday up to Wednesday (including).

Please, you can ask any questions you have. We will be glad to see you among our regular customers.