I
Supply access
Direct, verifiable coordination with authorized supply-side counterparties for allocated Venezuelan cargoes.
CAPABILITIES OVERVIEW · 2026
Venezuelan hydrocarbon
origination.
U.S.-side commercial mandate.
Decentralized Investment LLC operates as a U.S.-side commercial mandate for the placement of allocated Venezuelan-origin crude oil and residual cargoes to qualified buyers, refiners, and brokers.
- PRODUCT
- Merey 16 · Fuel Oil · Boscán
- MODEL
- Mandate, not principal
- COMPLIANCE
- OFAC · GL-44 envelope
MIAMI, FLORIDA · CONFIDENTIAL
SCROLL
Who we are
Miami-side representation for Venezuelan supply.
Decentralized Investment LLC is a Miami-based commercial mandate and origination platform focused on Venezuelan-origin hydrocarbon opportunities. The firm coordinates the U.S.-side commercial relationship and execution flow — from documentation through settlement — while title remains with the supply-side principal until it passes to the buyer at load.
MIAMI · FL
II
Documentation discipline
Bilingual NCNDA, LOI, IMFPA, KYC, and SPA workflow handled in a structured, disciplined sequence.
III
Compliance perimeter
Every cargo is structured within the OFAC / GL-44 or successor-license envelope, with counterparty screening on both sides.
Origination framework
Mandate, not principal.
Decentralized Investment LLC holds the U.S. commercial relationship and coordinates execution. Title moves directly between the supply-side principal and the buyer. Fee recognition is documented through IMFPA in parallel with the SPA — never inside it.
Included in scope
SCOPE- Commercial coordination between supply-side principal and qualified buyer.
- NCNDA, KYC, LOI, SPA, and IMFPA workflow, bilingual EN / ES.
- Cargo presentation with confirmed specs, load window, and indicative pricing.
- OFAC / GL-44 counterparty and vessel screening on named parties.
- Coordination with independent inspection (SGS or Saybolt) at load.
Outside scope
EXCLUDED- Taking title to the cargo at any point in the chain.
- Acting as paper trader, financier, or L/C-issuing counterparty.
- Providing legal, tax, or sanctions advice — buyers use their own U.S. counsel.
- Forward-committing cargoes that have not been formally assigned.
- Freight, insurance, or destination logistics after bill of lading.
Portfolio & commercial model
Three products. One discipline.
Merey 16 is the workhorse. Residual fuel oil is placed opportunistically as availability permits. A Boscán mandate is currently in the closing phase and is expected to be added to the active portfolio shortly.
Core · Active
Merey 16
Heavy sour crude blend
- API
- ~16°
- Origin
- Venezuela
- Load
- Jose Terminal
- Cargo
- 300k – 1M bbl
Opportunistic
Fuel Oil
Residual, ELP grade
- Type
- Residual
- Origin
- Venezuela
- Cargo
- Per allocation
Placed as allocation permits.
In-motion · Closing
Boscán
Extra-heavy sour crude
- API
- ~10°
- Use case
- Asphalt / heavy blend
- Status
- Closing
Mandate expected imminent.
FOB only.
Venezuelan-origin cargoes are placed FOB load port. No CIF, no DES, no CFR. Freight, insurance, and destination logistics are the buyer's responsibility from bill of lading forward.
Pricing
Dated Brent-linked with negotiated differential per cargo. Historical differentials do not roll forward; each cargo is repriced.
Payment
PDVSA RECAP protocol — 50% prepayment prior to bill of lading, balance settled within three business days of BL against final documents.
Inspection
Independent inspection at load by SGS or Saybolt. Quantity and quality certificates issued at Jose Terminal or designated port.
Allocation
Cargoes are presented spot as assigned. Standing interest does not constitute a forward commitment; each cargo is transacted individually.
Compliance perimeter
Non-negotiable. By design.
Every cargo is structured to sit inside the authorization envelope of OFAC General License 44 or its successor framework. The compliance work is priced into how the desk operates — not layered on top of a deal after the fact.
STAMP
OFAC · GL-44
Authorization envelope
SDN & Consolidated List screening
On all named counterparties, vessels, and intermediaries.
Vessel screening
Permitted-routing review and prior port-call history verification.
End-use verification support
Through refinery / off-taker destination disclosure.
Origin documentation
Aligned with authorization requirements per cargo.
Legal coordination
With qualified Venezuela-side counsel on supply-side authorization.
Buyer compliance interface
Direct dialogue with your compliance officer on each cargo.
Decentralized Investment LLC does not provide legal advice. Buyers are expected to conduct independent sanctions and OFAC review with qualified U.S. counsel on each cargo.
Onboarding & documentation flow
Three phases, nine steps.
Relationship onboarding is executed once. Per-cargo execution repeats each time an allocation is picked up. No step is skipped; the sequence is what protects both sides.
1
Phase one
Relationship
Once · 5–7 days
STEP 01
NCNDA
Bilingual non-circumvention agreement governing the working relationship.
STEP 02
Corporate KYC
Articles, Good Standing, UBO disclosure, authorized signatory list, bank reference.
STEP 03
Parameters brief
Buyer confirms standing purchase parameters: product mix, cargo size, geography, differential envelope.
2
Phase two
Cargo commitment
Per cargo · 3–5 days
STEP 04
Cargo presentation
DI presents allocated cargo with confirmed specs, load window, and indicative pricing structure.
STEP 05
LOI + proof of funds
Buyer submits LOI referencing the specific cargo, supported by current bank comfort letter or proof of funds.
STEP 06
SPA + IMFPA
Sale & purchase agreement executed with fee protection instrument, formalizing RECAP payment terms.
3
Phase three
Execution & settlement
Per cargo · 10–15 days
STEP 07
Nomination
Vessel nomination, laycan confirmation, and berthing coordination at load port.
STEP 08
Inspection & load
Independent inspection by SGS or Saybolt. Q&Q certificates. Bill of lading issued.
STEP 09
Settlement
Final documents released against payment balance within three business days of BL. Deal closed.
How to engage
The right cargo, for the right buyer.
Activation is intentionally light. There is no retainer, subscription, or ongoing service fee. Buyers are activated on the distribution list once NCNDA is executed and KYC is on file — and remain active as long as purchase parameters remain current.
“If nothing shows up in the first thirty days, no harm done. You are on the list when the right one comes.
Contact
Open a conversation.
For qualified buyers, refiners, brokers, and institutional counterparties. All inquiries are treated as confidential.