EXHIBIT 10.3b
EXTENSION TO THE MARINE FUEL AGREEMENT
Reference is hereby made to the Marine Fuel Agreement dated
December 28th, 1990 and amended on December 27th, 1996, between
**************** and STATIA TERMINALS N.V. ("STATIA"), with
respect to the purchase of certain petroleum products.
The Marine Fuel agreement provides in its Section 1 that it "...
shall have a commence on January 1, 1997 (the "Term") and shall
end at midnight on December 31, 1997 and provides further that
"... if either Party hereto is interested in extending this
Agreement, such Party shall so notify the other Party in writing
no less than forty five (45) days in advance of the date of
termination hereof, in such case, the Parties shall consult
promptly with each other to consider the possibility of
extending this agreement."
This letter hereby confirms the intention of ************ and
STATIA to extend the term of the Agreement from January 1st,
1998 to December 31, 1998.
As extended hereby, all other terms and conditions of the
Marine Fuel Agreement shall remain in full force and effect.
STATIA TERMINALS N.V.
BY: /S/ XXXXXXXX X. XXXXX
TITLE: MANAGING DIRECTOR
********************
BY: ***********
TITLE: **********
DATE: 28/12/97
EXHIBIT 10.3b
EXTENSION TO THE STORAGE AND THROUGHPUT AGREEMENT
Reference is hereby made to the Storage and Throughput Agreement dated
December 28th, 1990 and amended on December 27th, 1996, between
********************** and STATIA TERMINALS N.V. ("STATIA"), with
respect to certain services and facilities, in connection with the
storage and transshipment of commodities at the Statia terminal located
on Saint-Eustatuis Island, Netherlands, Antilles.
The Storage and Throughput Agreement provides in this Article 4.1, that
it "... shall commence on January 1, 1997 and subject to the provisions
of Article VI of this Agreement, shall end at midnight on December 31,
1997".
This letter hereby confirms the intention of ************* and STATIA to
extend the term of the Agreement from January 1st, 1998 to December 31,
1998.
As extended hereby, all other terms and conditions of the Storage and
Throughput Agreement shall remain in full force and effect.
STATIA TERMINALS, N.V.
BY: /S/ XXXXXXXX X. XXXXX
TITLE: MANAGING DIRECTOR
******************
BY: ************
TITLE: **********
DATE: 28/12/97
