VENEZUELA CRUDEProvide LOI and Charter Party Agreement, then will engage to provide full details. Seller willing to provide 2m bbls, but for a first client they prefer to work on smaller quantity. *Also willing to work on ship to ship xfer if the buyer prefers to work on the open water. Merey 16 Crude Oil and Mesa 30 Crude Oil 1 million barrels f o b Port of Jose Venezuela 1. Buyer issues letter-of-intent, seller responds with FCO. 2. Buyer provides details of his nominated vessel / vessels. 3. Seller responds with authorization for loading at the Port of Jose in Venezuela. 4. Buyer ship enters the Port of Jose for loading. 5. After loading, buyer conducts dip test for quality and quantity of product. 6. On successful completion of the dip test, buyer submits copy of the dip test to the seller and makes payment in the value of the amount loaded. 7. Seller issues crude origin documents from Trinidad and Tobago and ship is released for destination. Send the ship to PDVSA terminal or ship-2-ship on Venezuela water. Payment made to American company after dip test on the vessel. Merey 16: $45/bbl Mesa 30: $48 /bbl