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Ancap. Payment Debt Petroleos Venezuela S.a. Loan Authorization.

Original Language Title: Ancap. Pago Deuda Petroleos Venezuela S.a. Prestamo Autorizacion.

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Legislative Power/ Eastern Republic of Uruguay
Published D.O. 11 set/015-NAº 29291

Law No. 19,339

PRA%STAMO CONTRACT WITH
NATIONAL ADMINISTRATION OF
FUELS, ALCOHOL AND PORTLAND

AUTHORIZATION "N TO THE EXECUTIVE BRANCH FOR THE PURPOSES OF THE CANCELLATION OF
' S DEBT WITH PETRA" LEOS DE VENEZUELA S.A.

The Senate and the CA of Representatives of the Eastern Republic of Uruguay, meeting in General Assembly,

DECREE:


ArtAculo 1Aº.-Autorazase to the Executive Branch to conclude a contract of loan with the National Administration of Fuels, Alcohol and PAHrtland, in the terms, deadlines and conditions that it considers more convenient, in the amount of up to the equivalent of US$ 267:000,000.00 (two hundred and sixty-seven million dollars from the United States of America), for the purposes of early cancellation of the debt of the entity with Petroleos de Venezuela S.A. (PEDEVESA), for crude oil and derivative purchases.

ArtAculo 2Aº.-That loan should be guaranteed with a trust in garantAa, a garment on cash flows or other guarantee that at the discretion of the Executive Branch will ensure the payment of the capital by the entity borrowed and their interests.

Meeting Room of the CA of Senators, in Montevideo, August 18, 2015.

LUCAA TOPOLANSKY,
President.
José Pedro Montero,
Secretary.

MINISTRY OF ECONOMICS AND FINANCE
MINISTRY OF INDUSTRY, ENERGY AND MINERAA
MINISTRY OF LIVESTOCK, AGRICULTURE AND FISHERIES

Montevideo, August 26, 2015.

Cúmplase, acúsásse recibo, comunAquese, publáquese e insáltese en el Registro Nacional de Leias y Decretos, la Ley por la que se autoritar al Poder Executive a celebrar un contraa de prálstamo con la Administrationón Nacional de Cobusables, Alcohol and PAHrtland, for the purposes of the anticipated cancellation of the doubt of the entity with Petroleos de Venezuela S.A.

TABARA% VÁZQUEZ.
DANILO ASTORI
CAROLINA COSSE
TABARA% AGUERRE.

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Línea del pie de página
Montevideo, Uruguay. Legislative Power.