Crude oil refineries that are being taken off-line are suitable for companies intent on expanding their present refineries or new companies, starting up in the oil business. PROCUREMENT PROTOCOL Interested parties will be required after initial contact to present a letter of intent. This will be followed by a questionnaire to determine exactly which refinery is best suited to the buyer's needs. This will include questions regarding location, marketing strategies and the types of products which the client expects or needs. A preliminary meeting may now be arranged to discuss conditions of sale whereas it should be noted that specific particulars of the plant including price and location will, in general not be discussed prior to this stage. The next step will be the provision of a bank confirmation from the buyer stating that a minimum of 20% of the necessary funds to purchase the unit are available. Some sellers will insist on a bank guarantee or confirmation covering 100% of the purchase price. Upon receipt of the necessary paperwork, a visit to the refinery in question can then be arranged. A down-payment will then become due, if the buyer wishes to purchase the unit. This will set in motion the process of dismnatling and packaging the plant. Letters of Credit will be the method of payment on the balance. These will be backed by a valid bank gaurantee.

The procurement of one of the oil refineries on offer will follow a specific path outlined below. Specifically, the refinery owners will only meet and discuss terms with end-users or end-buyers. These will have to fulfill a series of obligations in order to be considered.

A visit to one of the oil refineries is possible by prior arrangement if the necessary conditions are met as stated below. This applies to individual companies as well as government representatives.