Unofficial English Translation) Purchase Agreement
Exhibit
99.14
(Unofficial English
Translation)
Party A:
Huawei Commerce Co., Ltd.
Party B:
Xi’an Orient Petroleum Group Co., Ltd.
|
1.
|
Name
of Product: Naphtha
|
Amount of
Purchase: Party B will purchase and Party A will sell naphtha of no less than
15,000 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 Peoples’
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:
Huawei Commerce Co., Ltd. (signature and seal)
Party B:
Xi’an Orient Petroleum Group Co., Ltd. (signature and seal)
December
20, 2009