Argentina - Refinery Conversion Project

Document of ILE COPY The World Bank FOR OFFICIAL USE ONLY Report No. P-3093-AR REPORT AND RECOMMENDATION OF THE PRESIDENT OF THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT TO THE EXECUTIVE DIRECTORS ON A PROPOSED LOAN TO YACDMIENTOS PETROLIFEROS FISCALES SOCIEDAD DEL ESTADO WITH THE GUARANTEE OF THE ARGENTINE REPUBLIC FOR A REFINERY CONVERSION PROJECT June 17, 1981 This document has a restricted distribution and may be used by recipients only In the performance of their official duties. Its contents may not otherwise be disclosed without World Bank authoriation.  CURRENCY EQUIVALENTS (as of May 1, 1981) Currency Unit = Argentine Peso ($a) US$1 - $a 3,190 US$1 million = $a 3,190 million $a 1 million = US$313 $a 1,000 = US$0.313 WEIGHTS AND MEASURES 1 Barrel (bbl) of Crude Oil (0.85 Specific Gravity/35