Exhibit 99.15
(Unofficial English Translation)
Purchase Agreement
Party A: Xi’an Putian Petroleum Co., Ltd.
Party B: Xi’an Orient Petroleum Group Co., Ltd.
1. | Name and Amount of Products |
Name of Product | Amount of Purchase | |
Gasoline Optimizer | No less than 300 metric tons | |
Diesel Depressant | No less than 10 metric tons | |
Gasoline Dispersant | No less than 100 metric tons |
Party A shall transport the products to Party B’s depot.
2. | The quality of the product must meet the national standards of the People’s Republic of China. |
3. | Party B shall complete the payment for the products before delivery. The price of the products shall be based on the market price of the products. |
4. | Loading location: Party A’s loading dock |
Loading method: ground transportation
5. | Transportation: by road tanker |
Party A shall pay shipping.
6. | Packaging standard: tank truck |
7. | Any dispute arising from the performance of the Agreement shall be resolved through consultation between the parties. |
8. | The term of the Agreement is from January 1, 2010 to December 31, 2010. |
Party A: Xi’an Putian Petroleum Co., Ltd. (signature and seal)
Party B: Xi’an Orient Petroleum Group Co., Ltd. (signature and seal)
December 20, 2009