Heavy crude handling
Proposed participation in heavy and extra-heavy crude handling, blending and quality management, subject to authorization and to agreements with holders of any rights.
Proposed entity site — no entity has been formed, registered, licensed or authorized.
canaima B t14YRKProposed Operating Entity
Trump Oil Venezuela
A proposed Venezuela-facing operating vehicle of the Trump Oil concept. Nothing described here is formed, registered, licensed, contracted or funded. Every activity is conditional on U.S. sanctions authorization, Venezuelan approvals, financing, permits, engineering and binding agreements that do not exist today.
Status
Corporate status, stated plainly
- Proposed name
- Trump Oil
- Proposed legal form
- Florida corporation or limited liability company (form to be confirmed by counsel)
- Jurisdiction of formation
- State of Florida, United States
- Proposed Venezuela vehicle
- A separate Venezuelan subsidiary or branch, to be formed only if U.S. authorization and the Venezuelan regulatory pathway both permit it
- Registration status
- Formation and verification in progress; no registration number is published until verified
- Tax identification number
- Not issued / not published
- OFAC licence held
- None held. No licence, determination or no-action position of any kind.
- Venezuelan approvals held
- None held. No concession, allocation, permit or contract.
No registration number, tax identification number or licence number is published because none has been issued. Any figure presented elsewhere as such should be treated as unauthorized.
Intended Scope
What this entity would be for, if it ever exists
Refinery and infrastructure development
Proposed engineering, rehabilitation and development studies. No facility is owned, leased, operated or under contract.
Logistics and distribution
Proposed marine and inland movement concepts. No vessels, terminals, offtake agreements or allocations exist.
Conditions
Gating conditions before any activity
- Formation and registration of the entity by qualified counsel, with registry confirmation.
- U.S. sanctions review and any required OFAC authorization or licence, with specific-licence conditions observed.
- Venezuelan legal review and any required national approvals and registrations.
- Anti-corruption, FCPA, anti-money-laundering, and counterparty screening controls in force.
- Environmental review, permitting, engineering studies and insurance capacity.
- Committed financing and binding commercial agreements.