Description

We, Portavino LLC, acting on the basis of Charter, with the full Corporate and legal responsibility, under penalty of perjury, as the official representative of the Seller, with legal allocation, on its own behalf, Confirming readiness to sell the following commodities:
 
1. PRODUCT: Heavy Crude Oil (Hamaca)
2. ORIGIN: Venezuela/ PDVSA
3. STANDARD: EXPORT QUALITY
4. QUANTITY:  2.**0.**0 bbl *2 month)
5. DELIVERY: CIF ASWP
6. LOADING PORT: Bachaquero, Venezuela
7. TOTAL API VALUE: *5.8 (Plus minus ***0%)
8. CONTRACT PERIOD: *2 MONTHS (POSSIBLE R&E)
9.PRICE The price for the product is based  CIF  Rotterdam or Huston  at ICE Brent Platts less  6,5  $ US bbl based
 on the ICE  Platts price on the day of closing.
*0.Payment terms:By MT **3 according to contract procedure.
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