Oil import/export assumptions
On CBEH website under growth it is stated they applied in 2008 and now it is confirmed they have it ~5 years later.
Items that is stated by other companies not getting license include:
DID not HAVE:
1- Pier lease agreement
2- Terminals, depots proof of ownership
3- Customs prove
4- Terminals, depots of the original lease agreement
5- Bank credit
6- proof of ownership Depot certificates of title, tax certificates, customs codes
7- Depot capacity is insufficient
This was a thorough state audit that CBEH had to pass to receive...which means they proved they had all of the above that others got denied for
IMO when all the audits are out....soon, everything will be updated. This oil import/export business is new for CBEH and will reflect in rev for 2014.