COMMODITY :	Natural gas
	QUANTITY      :	By buyer's option
	ORIGIN           :	Russia
	DELIVERY      :	DDU
	PAYMENT       :	Irrevocable revolving finance bank guarantee (pbg no. 458) filled for one year acceptable to sellers, payable in us$ (american dollars) against performance bond 2%

PROCEDURE  :

1. The buyer corporately confirms and verifies bank guarantee text and issues icpo with bank reference to the rao "gasprom" for mr. Alexey b. Miller and provide with the following documents: - buyer's covering letter; - copy of buyer's licene for gas trade; - buyer's guarantee not carry out the reexport of gas; - terminal approval to handle the gas. 2. the seller is to issue the draft of the contract and to invite the buyer to moscow for the signing of the contract. 3. Signing of the contract is to be in moscow office of rao "gasprom". 4. Buyer's bank is to open a pre-advice bank guarantee for 365+10 (thre hundred seventy five) calendar days. 5. Seller's bank to establish the 2. 0% pb and proof of product for the total value of pbg no. 458 in operative form within 5 banking days after receipt of a pre-advice bank guarantee. The pbg no. 458 become automatically operative at the day of the pb receiving in buyer's bank. 6. Delivery terms to start.