General Information, Recommendations and Instructions
Pdvsa Petróleo S.A. has established a master Register of QUALIFIED COMPANIES (1) to purchase refined products and crude oil. Currently, the QUALIFIED COMPANIES for sales and purchases are under the same Register. The Register is named, Registro Único de Clientes Calificados para Ventas de Exportación, R.U.C.C.V.E. The Register (R.U.C.C.V.E.) is exclusively for companies incorporated overseas.
Any company interested in selling imported hydrocarbons to Pdvsa Petróleo S.A. must first enroll the Register of QUALIFIED COMPANIES for import purchases (R.U.C.C.V.E.).
To become a QUALIFIED COMPANY for imported hydrocarbons at PDVSA Petróleo, S.A, a registration process is required.
It may kindly be noted that Pdvsa Petróleo S.A. deals ONLY with the Aspirant Company. No intermediaries/agents will be allowed during the registration process. The registration process is free of charge.
All information supplied by the Aspirant Company will be duly validated by PDVSA Petróleo, S.A. PDVSA Petróleo, S.A. encourages the applicants to provide truthful data. For those cases, that PDVSA Petróleo, S.A. finds manifest fraud and incorrect data, the Aspirant Company’s registration request will be voided from the registration process.
Ideally all the communications between the Aspirant Company and PDVSA Petróleo, S.A. shall be using the emails and teleconferences. PDVSA Petróleo, S.A. encourages the Aspirant Companies to use private dominium, i.e. the use of public email addresses may cause a rejection because of the PDVSA’s internal firewall.
Aspirant Company must have at least one (1) year of incorporated and proven experience in hydrocarbon handling and/or trading. Supremely, the Aspirant Company must have a proven commercial ethics.
All trades at PDVSA Petróleo, S.A. are based on:
- No intermediates companies (brokers, representatives, etc) are allowed for purchase. Purchases are done directly between PDVSA Petróleo S.A. and the QUALIFIED COMPANY.
- The non fulfillment of contractual clauses and commercial commitments may cause to the QUALIFIED COMPANY pecuniary sanctions or the final adjournment of the company from the Register.
- The Aspirant Company must have truthful offices, installations and company authorities.
Aspirant Company must fill out an application form (Download APPLICATION FORM). Application form shall not have any manual correction and it shall be handed over along with the documents requested herein.
PDVSA Petróleo, S.A. assures that all data /documents received during the registration process will be treated in strict confidence and will be used only for registration purposes.
It may please be noted that the application to register at PDVSA Petróleo, S.A. (R.U.C.C.V.E.), shall be considered only on receipt of completed Application Form and requested documents/information.
The application request from the Aspirant Company does not constitute a commitment from PDVSA Petróleo, S.A. to do business with the Aspirant Company. Kindly be aware that the final decision of PDVSA Petróleo, S.A. authorities shall be final and binding for the registration process.
Requirements
A. Legal documents
Documents must be legalized and/or with an apostille and duly translated into the Spanish language.
- Company’s documentation (“The Buyer”, final addressee).
• Certificate of Incorporation, Articles of Association and/or By-laws.
• Minutes of the last Board of Directors meeting, Form 10-K from U.S. Securities and Exchange Commission. (If applicable)
• Company’s trade registry or companies' House. (If applicable)
• Owner / Shareholders description (Name of each shareholder, percentage of each party).
• Copies of passports of shareholders and/or authorized representatives (If applicable) If the representatives are Venezuelan citizens, copy of the Venezuelan ID card is required.
• Power of attorney and identification of authorized representative.
B. Finance documents
Documents are accepted in both languages Spanish or English.
All these documents have to be submitted in ORIGINALS and with the letterhead of the company/institution.
- The Aspirant Company’s Bank Account Information, issued by the bank and addressed to PDVSA Petróleo, S.A., indicating City/Country, ABA and SWIFT.
- Letter from the Aspirant Company authorizing PDVSA Petróleo, S.A. to use the reported account for future purchase payments.
C. Important Information
Once the requirements are gathered completely by the Aspirant Company, kindly send them to the following address. Use the service of a courier system as a unique via for mailing purposes:
PDVSA Petróleo, S.A.
Secretaría del Comité de Registro (R.U.C.C.V.E.)
Avenida Libertador con Calle El Empalme,
Complejo MENPET-PDVSA,
Torre Oeste, Piso 7,
Caracas 1060, Venezuela
For further clarification regarding the requisites or the application Form, please do not hesitate to contact us through the R.U.C.C.V.E. Office e-mail: cysruccve@pdvsa.com
Once again, PDVSA Petróleo, S.A. reminds all Aspirant Company that registration process is FREE OF CHARGE.
PDVSA Petróleo, S.A. also invites the companies to visit the web page www.pdvsa.com, where further information related with the Venezuelan oil news could be found.
(1) QUALIFIED COMPANY: All companies registered at the Registro Único de Clientes Calificados para Ventas de Exportación, R.U.C.C.V.E. Includes companies for “selling” and “purchasing” refined products and crude oil.
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