News | Board Minutes | 2006

        EXPORT-IMPORT BANK OF THE UNITED STATES

        SUMMARY OF MINUTES OF MEETING OF BOARD OF DIRECTORS

       SEPTEMBER 14, 2006

ITEM NO 1   Resolution Regarding PEFCO Secured Notes Issues

            Board Decision:  APPROVED

ITEM NO 2

Country MEXICO                                 AP082635XX

Request for FINAL COMMITMENT

Applicant      ING (US) CAPITAL, LLC, NEW YORK NY

Borrower       PEMEX PROJECT FUNDING MASTER TRUST, THE, MEXICO D.F. 11311 MEXICO

Guarantor      PETROLEOS MEXICANOS, MEXICO, DISTRITO F MEXICO

Guarantor      PEMEX REFINACION S.A. DE C.V., MEXICO, DF MEXICO

Guarantor      ADDITIONAL GUARANTORS

Buyer          PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86050 MEXICO

End-user       PEMEX EXPLORACION Y PRODUCCION, VILLAHERMOSA, TABASCO 86050 MEXICO

Exporter       ALAN SUPPLY TECHNOLOGY LLC, PHARR TX

Exporter       ALLIED ELECTRONICS INC, FORT WORTH TX

Exporter       ADDITIONAL EXPORTERS

Supplier       ALAN SUPPLY TECHNOLOGY LLC, PHARR TX

Supplier       ALLIED ELECTRONICS INC, FORT WORTH TX

Supplier       ADDITIONAL SUPPLIERS

Gteed Lender   ING (US) CAPITAL, LLC, NEW YORK NY

Project Name BURGOS

Project Description BURGOS GAS FIELD DEVELOPMENT

Product Description GAS RESERVE RECOVERY ACCELERATION SYS

Financed Amount $  150,000,000

Repayment Term  8.5 YEARS

Board Decision APPROVED