Investor Presentaiton

Cartagena - expansion and upgrading Lower cost of crude Premium quality products 7% H 93% 16% 23% 61% 2010 2013 Heavy Medium Light Conversion <75% >95% 36% 45% 36% 51% 28% 4% 2010 2013 Fuel & Coke Med. distill. Gasolines & LPG's 60 Years 35

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