News | Board Minutes | 2010

EXPORT-IMPORT BANK OF THE UNITED STATES

SUMMARY OF MINUTES OF THE MEETING OF BOARD OF DIRECTORS

                                   JANUARY 15, 2010
ITEM NO 1
Country COLOMBIA                               PC084891XX
Request for PRELIMINARY COMMITMENT

Applicant      EMPRESA COLOMBIANA DE PETROLEOS S.A., SANTA FE DE BOGOTA, D C COLOMBIA
Borrower       EMPRESA COLOMBIANA DE PETROLEOS S.A., SANTA FE DE BOGOTA, D C COLOMBIA
Guarantor      NONE
Buyer          EMPRESA COLOMBIANA DE PETROLEOS S.A., SANTA FE DE BOGOTA, D C COLOMBIA
End-user       EMPRESA COLOMBIANA DE PETROLEOS S.A., SANTA FE DE BOGOTA, D C COLOMBIA
Exporter       VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Supplier       VARIOUS - UNITED STATES SUPPLIERS, UNKNOWN DC
Gteed Lender   FINANCIAL INSTITUTION ACCEPTABLE TO EIB, UNKNOWN ZZ

Project Name NONE
Project Description CRUDE PETROLEUM PRODUCTION
Product Description EQUIPMENT AND SERVICES FOR USE IN OIL
Ex-Im Bank Liability (Millions) $20+
PC Expiry Date 02/14/12

Board Decision APPROVED
Chairman Hochberg, Director Kian and Director Farrell all voted in favor of the transaction.