TANOIL INVERSTMENT LTD

OFFER FOR SPOT PURCHASE OF CONDENSATE FROM SONGOSONGO

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OFFER FOR SPOT PURCHASE OF CONDENSATE FROM SONGOSONGO

Date: 26th August 2022

TANOIL INVESTMENTS, a TPOC subsidiary assigned to sell Songosongo Condensate hereby calls for expressions of interest from eligible firms (local or international) for purchase of IGSOMT +/- 10°: of condensate uplifted as a single lot. Apart from obtaining the prospective buyer, the Seller intends to update the database of potential buyers and those who need to get EWURA permits/Licenses. The proposed uplifting Lay can be September 24th to 28th 2022 subject to change; a confirmed uplifting date will be determined after considering key factors. The most recent product’s specification may be shared to interested buyers for reference. Where need be, the successful buyer will be allowed to draw sample and conduct analysis to verify specifications at his/her own cost.

For effective utilization, the seller prefers buyers with export market or local buyers with approved local consumption or re-export (Buyers for local consumption or for re-export, must obtain EWURA permit). For export, TANOIL Investments will process and issue export documents upon receipt of payments.

Fourteen days (14) before loading, inspection and vetting of the Vessel and Tug Boat nominated by the buyer will be undertaken by authorized Marine Surveyor/Engineer, appointed by the Seller. The inspector will also verify certificates, permits and/or approvals of the vessels. The successful buyer must mobilize and ensure the Vessel and the Tugboat are at site 24hrs and 48hrs respectively before the uplifting time for final inspection. Loading plans, arrangements and instructions will be set and agreed in the preloading operations meetings. Proposals from Applicants with pending issues/disputes with the Seller on the same (condensate sale) will not be considered. A Buyer must confirm interest and submit his/her proposal to TANOIL not later than on Monday the 5th of September, 2022 at 11:00 hours. Proposal to be delivered physically, through registered mail or courier and reach the undersigned before deadline. The proposal must be accompanied by the buyers quote in a specific price form indicating price per unit in USO and total value. The proposal should be sealed; marked “Offer for spot purchase of condensate from SongoSongo” and addressed to:

General Manager,

TANOIL INVESTMENTS,

P.0. Box 774485, Dar-es-Salaam, Tanzania. [email protected] ;[email protected] Hard copies to be submitted to TANOIL OFFICES, TPDC ESTATE-MIKOCHENI. Tel: +255-7535 333323.

Note: Songosongo terminal limitation include 4metres draft; two un-lighting buoys distanced at 120m; mooring and berthing is during daylight only; proposed Vessel LOA 105m. Tugboat must have at least 5-ton bollard pull (a pull of >1.0kg per dead weight ton)

Buyer will be responsible with health, TRA and TPA clearances and port charges (wayleave and marine bills) all are facilitated by shipping agent- TASAC or Clearing Agent if different from TASAC.

Note2: Buyer’s PRICE FORM (in letterhead to evidence Unit price USD/MT and total Value in USD)

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