Argentina Refinery 8800 bpd
If you have a client an Oil Refinery is for sale in Argentina.
Some data as been translated into English to be able to send it to you, and also clarify some points with my contacts that are in direct contact with the owner.
More data is being translated into English and can be provided once complete.
Please find attached the following:
.- Corporate Presentation of the owner company of the refinery.
.- Some pictures.
.- Video of the refinery (Sorry, its in Spanish) available large file.
Additionally please see below the following information.
1) Terms and conditions can be determined between the involved parties because the owner is open to negotiate.
2) The refinery can be dismantled after the final payment.
3) The process flow sheet will be sent when they receive the LOI but basically after they get the oil crude from "Petrolera Argentina", it processes the crude to obtain NAFTA, gasoil, and full oil.
At full capacity, the production can be 8,800 barrels per day. It can be upgraded with another tower and bring production to 18,800 BPD. Complete list of process units can be sent later when the negotiations start.
4) Age: 10 years ago it was renewed and refurbished. 2012 started production and stopped in 2016. Currently its pressurized with nitrogen.
5) Asking Price is $166 Millions USD brokers must add
6) To start the process the buyer needs to send a LOI directed to Grupo Mas Energía (Att to the owner and Commercial Manager) including all the facilitators (brokers)
7) Also the buyer must send a Financial Capacity (Certification of Funds - POF).
8) Once these requirements have been delivered, the following steps will be taken to continue with the negotiation.
a) Make a visit to the facilities to verify the existence of the refinery and the verification of the inventory of everything that is for sale. Previously there will be a meeting to explain everything related to this Refinery etc. as are current conditions.
b) The Refinery will be delivered totally sanitized without problems with creditors, environmental, fiscal, and legal.
c) A maximum time of 22 continuous days is considered to carry out the audit, once the audit is finished, the buyer will have a maximum time of 5 days to present the final offer to be evaluated by the seller, who will be empowered to accept or not. negotiation if it suits you.
d) Then proceed to a final negotiation period that will last a maximum of 7 continuous days to close the deal.
In order to move forward with the visit, audit and all the sales process the owner ask for an escrow account of 10% of the selling price, 100% refundable if the buyer rejects the refinery.
Please let me know if you have any comments.
P.S.: Remember the owner is open to negotiation regarding the terms and conditions but not the price.
PAYMENT METHODS:
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