HIDROCARBON/ COMMODITY: MEREY 16 ORIGIN: VENEZUELA PRICE FORMULA: BRENT CRUDE OIL MINUS (-) 30,00 US$/BBL CONTRACT PERIOD: SPOT THEN CONTRACT SELLER: PDVSA TYPE OF SALE: FREE ON BOARD (FOB) VOLUME (BBLS): 2,000,000BBLS VOLUME TOLERANCE: +/- 10% AT SELLERâ??S OPTION LOADING PERIOD: TO BE DICUSS LOADING PORT: TBD DISCHARGE PERIOD: N/A DISCHARGE PORT: N/A PAYMENT TERMS : USDT (20% ADVANCE IS PAID TO ASSIGN THE RECAP AND ACZ, THE OTHER 30% WHEN THE FUEL INJECTION BEGINS AND THE LAST 50% AGAINST BL) Requirements to quote directly with the State Company LOI + Company profile + CPA/Q88 + POF Without the required documentation we will not be able to obtain a quote from the refinery