Next Cargo

Our next cargo has a loading window in PDVSA on May 18, 2001, with an ETA in
ProCaribe on May 19 - 21, 2001. The cargo is for 10,000 Mts. (5.2MM gallons)
at MB + 7 three days around bill of lading. This means that the invoice will
be the average price of MB on the loading day, the day before and the day
after, excluding weekends and holidays, plus 7 cents a gallon.

The following are the monthly sales average per customer:

* Progasco 1,100,000 gallons
* San Juan Gas 210,000 gallons
* Centro Gas 140,000 gallons

Total borrowing return to EcoEl,ctrica 3,200 Mts or 1,667,200 gallons on
5/19/01.

After returning all the borrowing (5/19/01) we have a balance of 3,480,233
gallons. The following are the estimated sales and heater consumption per
month:

* May (12 days) 563,520 gallons (from May 20th through May 31st)
* June (30 days) 1,408,800 gallons
* July (31 days) 1,455,760 gallons

Inventory balance as of: 7/31/01 (52,153 gallons).

Next cargo arrival delivery window July 20 - 31, 2001.

Saludos