Diesel / gasoil
A possible primary distillate product, subject to specification and market access.
Los Roques ArchipelagoConceptual Commercial Framework
Possible Lawful Products and Distribution Channels
No product has been produced, specified, allocated, sold or contracted. The following describes categories the company would evaluate if — and only if — the project were authorised, financed, permitted, engineered and built.
Product Categories
Possible product slate
Gasoline blendstocks
Intermediate streams that would require blending and certification before sale.
Jet fuel / kerosene
Only feasible with the necessary hydroprocessing severity and certification regime.
LPG
Light ends recovery would require dedicated pressurised storage and handling.
Petroleum coke
A likely by-product of any residue-conversion route, with its own handling and market considerations.
Sulfur
Recovered sulfur would require forming, storage and lawful placement into industrial markets.
Markets
Venezuelan supply and export possibilities — only where lawful
Any domestic supply within Venezuela or export to third countries would proceed only under written U.S. authorization, Venezuelan approvals and the laws of every jurisdiction touched by the transaction.
Domestic possibilities
Potential supply of lawful refined products within Venezuela, subject to local regulation, pricing rules, permits and sanctions authorization. No arrangement, allocation or agreement exists.
Export possibilities
Potential export to lawful destinations, subject to licensing, destination controls, re-export restrictions, vessel screening and customs compliance. No offtake or route has been agreed.
Logistics
Channels under conceptual review
Terminals
- Tankage and containment
- Metering and custody transfer
- Vapour control
- Independent inspection
Marine
- Berth suitability studies
- Vessel and operator screening
- AIS and voyage monitoring
- Spill response readiness
Pipelines & trucking
- Route and right-of-way review
- Integrity management
- Carrier vetting
- Load security and tracking
Quality & traceability
- Certificates of analysis
- Batch and lot tracking
- Retained samples
- Auditable custody records
Controls
Sanctions and counterparty screening
Screening would be a precondition to any transaction, not a post-hoc formality.
- Written OFAC authorization or a documented licence pathway before any dealing
- Screening of counterparties, beneficial owners, agents and intermediaries
- Vessel, flag, operator and voyage-history screening
- Destination, end-use and re-export controls
- Anti-corruption, FCPA and anti-money-laundering due diligence
- Ongoing re-screening and contractual termination rights
Disclosures