Overseas Markets

Spur Growth

Accelerate Expansion

Increase Sales

Diversify Revenues

Generate Bigger Profits

Boost Earnings

Good economic opportunity

Compete Efficiently

Manufacturing Joint Ventures

Government Contracts

$30 Billion Sale
U.S. Finalizes Sale of F-15s to Saudi Arabia
December 29, 2011

The fighter jet sale is part of a larger 10-year, $60 billion arms deal with Saudi Arabia that also includes helicopters, a broad array of missiles, bombs and delivery systems, as well as radar warning systems and night-vision goggles.

Saudi Arabia is already the most militarily advanced of the Arab Gulf states, one of the richest countries in the world, and central to American policy in the Middle East. It is also vital to U.S. energy security, with Saudi Arabia ranking as the third-largest source of U.S. oil imports.

------------------------------------------

Gulf American Line, a leader in NVOCC (Non-Vessel-Operating Common Carrier) for over 20 years, is ranked amongst the largest to the Middle East and the Mediterranean operating under the rules and regulations of the Federal Maritime Commission.

Our ocean / air services offer optimum transit time, several weekly departures to most global ports and airports, our company owned and operated fleet of trucks ensure deliveries to the ports and airports without any delays to your cargo. Our facilities are strategically located at all major hubs in the United States allowing prompt transportation to the entire world.

Our offices and staff located in Jeddah, Dammam, Riyadh, Alexandria and Cairo for your convenience, and to bring you the most prestigious service available.

Our continuous drive for high quality performance regardless of the size of your shipment is what makes Gulf American Line the best in the industry and your logistics and transportation partner.

Gulf American Line offers complete Export Documentation services to all destinations with specialties in:

Letters of Credit
Site Drafts
SED Filings
Customs Clearance

Offices located in most of the Middle East and China in order to facilitate import clearance to those countries.

Offices in:

·         Egypt (Alexandria, Cairo)

·         Saudi Arabia (Jeddah, Riyadh, Dammam)

·         UAE (Dubai, Sharjah)

·         Qatar

·         Kuwait

·         Oman

·         Bahrain

·         Lebanon

·         Morocco

·         Turkey

·         Kazakhstan

·         China (Shenzhen, Shanghai, Hong Kong, Beijing)

Contact:

Gisela Hausmann

Gulf American Line

TEL: 910-343-8900 x111

ghausmann@gulfamerican.com

www.gulfamerican.com

Glossary

The Platts industry glossary is continuously updated. Please email webeditor@platts.com to let us know if there is an entry you would like us to add, clarify or expand, or if you think we have made a mistake in any of our definitions. The glossary covers common terms and abbreviations from the oil, power, petrochemicals, nuclear, gas, coal and metals markets and industries.

A-B-C-D-E-F- G-H-I-J-K-L- M-N-O-P-Q-R- S-T-U-V-W-X- Y-Z

15-Day Brent

A

AAUs

A/F

Abandon

Accumulation

Afforestation

AG

AGO

Alkylate

Alternating current (AC)

Alternating current distribution

American style option

Ampere (amp)

Ancillary services

Andrew's Pitchfork

Aniline point

Annex I Parties

Annex II Parties

anode

ANS

anthracite

API

API gravity

APT

ARA

Arab Gulf

Aramco

arbitrage

aromatics

asph

asphalt

assay

assessment

associated gas

at-the-money

AUD

availability factor

available but not needed capacity

avails

average cost pricing

avgas

avoided cost

B

Top

B/L

Backwardation

Balancing

Barge

Barrel

Base gas

Base load

Base load capacity

Base load plant

Base metal

BBQ

Bcf

Bearish

Bid

Bid price

Bill of lading

Bio-leaching

Biomass conversion

Bituminous coal

Black start

Blackout

Blendstock

Blister copper

Blowmolding

Bollinger bands

BPA

Breakout

Brent blend

British thermal unit (btu)

Brownout

BS&W

Btu

BTX

BTX extraction

Bullish

Bunker C

Burner-tip

Burnup

Busbar

Busbar cost

Butadiene

C

Top

C+F

C4s

Call option

Candlesticks

Capacitor

Capacity

Capacity (purchased)

Capacity charge

Capacity margin

Capacity release

Capacity relinquishment

Cap-and-trade

Caribs

Cash and carry

Cash market

Cash settlement

Cat cracker

Cat gasoline

Catfeed

Cathode

CDM

CERs

Centistoke

Certified Emission Reductions

Cetane

Cetane number

CFD

CFPP

Channel

Chemical grade

China main port

CIF

Circuit

City-gate

Clean Development Mechanism

Clearing

Clearing fee

Close out

Cloud point

CME

CMP

CNG

CNR

COA

COP

Cofiring

Cogeneration

Combined cycle

Combined heat and power plant

Commodity Channel Index

Compressed natural gas

Compressor station

Concentrates

Condensate

Conductor

Conference of Parties

Congestion

Connection

Consolidation

Contango

Conti Index

Contract

Contract for differences

Contract price

Coolant

CP

Crack spread

Cracked

Cracked fuel

Cracking

Cubic feet per second

currencies

current

curtailable rate

cushion gas

custom smelter

cycles

cycling

D

Top

DAF

dated Brent

decay product

declining block rate

degree day

dehydro-genation

dekatherm

deliverability

delta hedging

delta neutral

demand

demand side management (dsm)

demurrage

depleted uranium

DER

DERD

design day

diesel index

Differential

direct current (dc)

dirty power

discount

displacement

distribution

distribution (2)

DNA

DOE

domestic/retail competition

dore bar

double bottom

double top

Dow theory

downtrend

dry gas

DWT

E

Top

E-4

EB

economy energy

EFP

EIS

electrolytic refining

Elliott Wave

embedded cost

enabling agreement

energy charge

enriched uranium

environmental impact study

ERUs

ETS

EUA

exercise

exit fee

expiry (options)

exponentially-smoothed moving average

F

Top

farm-out

FAS

fast breeder reactor

fast reactor

FCA

FCC

FCC (2)

FD

feedstock

feedstock gas

FERC

FERC order 636

fertile material

Fibonacci

final disposal

FIP

firm energy

firm gas

firm power

first core

fissile material

fission

fixed charge

flag

flash point

flask

flexibility mechanism

flue gas desulfurization unit (scrubber)

FOB

FOD

force majeure

forced outage rate

Forties

Free Carrier

Free on Board

FT

fuel assembly

fuel cell

fuel fabrication

fuel switching

full-forced outage

fusion

futures contract

G

Top

g/l

gal

gallon

Gann theory

gas bubble

gas-gathering

gasoil

gasoline

generation

generator

geothermal

GHGs

gigajoule (GJ)

gigawatt

gigawatt hour (gwh)

gigawatt-hour

GIS

GOB

gold loans

GOM or GM

g-p

grid

Grosskrotzenburg

Group 3

H

Top

HDA

head and shoulders

heap leaching

heavy crude oil

heavy metals

heavy water

hedge

Henry Hub

HFCs

highly enriched uranium

HIPS

HLS

HO

Hormuz

"Hot Air"

HSFO

hub

hydroelectric plant

I

Top

impedance

initial margin

inj

in-lieu energy

interconnection

Interconnector, (the European)

intermediate load

interruptible demand

interruptible gas

in-the-money

intrinsic value

inverse head and shoulders

IPE

IPP

irradiated fuel

isomer

isomerate

isomerization

isotopes

IT

ITL

ITT

J

Top

JI

JISC

joint venture

joules

K

Top

kero

kilowatt

kilowatt (kw)

kilowatt year (kw-y)

kilowatt-hour

kt

Kyoto Protocol

L

Top

lambda

landed cost

Laufenburg

laycan

lb

lending

LIBOR

lifting

light crude oil

light ends

lignite

liquefied natural gas

liter

LLS

LME

LNG

load

load curve

load factor

load management

load shape

loaning

long

long-run marginal costs

loop flow

loss of load probability (lolp)

LPG

LR

LSFO

LSWR

LVN

M

Top

MACD (moving average convergence divergence)

marginal cost pricing

marginal price of energy

market-area storage, or hub

mark-to-market

mcf

Med

megawatt (mw)

megawatt-hour (mwh)

mmbtu

mmcf

MMS

moderator

mogas

momentum

MON

MOP

MOPAG

MOPS

mothball

moving average

moving average crossover

moving average envelopes

MR

MR (2)

mt

MTBE

municipal utility

N

Top

N&A

N2O

nameplate capacity

NAP

naphtha

naphthenic

naphthenic naphtha

National Balancing Point

National Energy Board

natural gas

natural gas

natural gas measurements

NER

net capability

net generation

net smelter return

network

NGL

nuclear fuel

nuclear fuel

nuclear power plant

nuclear reactor

nuclear waste

NWE

NYH

NYMEX

O

Top

o/r

octane number

offer

off-peak

offset

Ofgem

ohm

olefins

On Balance Volume

OPEC

open interest

open interest

open outcry

open pit

operating reserve margin

optimization

oscillator

out-the-money

out-turn

oxygenate

oxygenated gasoline

P

Top

P&C

P/C

PADD

paraffinic

paraffinic naphtha

parking

peak demand

peak load

peak load plant

peaking capacity

pennants

PEP index

petrochemicals

PFCs

PFG

physical delivery

pl

plutonium

point-and-figure

polymers

pooling point

postage stamp rate

posted price

pour point

ppm

PPT

prem

premium

price cap

primary/secondary

prime mover

prompt

PRT

pumped-storage hydroelectric plant

put option

puts/calls ratio

pygas

Q

Top

Qua Ibo

quota

R

Top

R+M/2

rack price

radioactive decay

raffinate-1, raffinate-2

rally

random walk

Rate of Change of Prices

reactor types

REC

re-enrichment

ref

refinery

Reforestation

reformate

reg

reg unl

regassification point

Relative Strength Index

renewable source

reserve capacity

Reserves

reservoir

resids

resistance

retail competition

retracement

reverse tolling

RFG

RNR

roll over

RON

run-of-river plant

RVP

S

Top

s/d

salting

secondary market

settlement price

SF6

short

SIMEX

smelter

solar generation

solvent extraction-electrowinning

sour/sweet crude

sour/sweet gas

spark spread

spill

spinning reserve

spot market

SPR

spread

spread (options)

Spread-trading

steam cracker

steam generation plant

stochastics

storage

straight run

stranded investment/stranded costs

strike price

substation

superconductivity

superconductor

support

surplus energy

susp

switching station/switch yard

synthetic natural gas

system lambda

system operator

T

Top

t/a

t/c

tailings

take-or-pay

tankers

tariff

TDP

tech grd

terawatt hours (twh)

TET

therm

thermal generation

thorium

throughput

tiered rates

time value

timecharter

tolling arrangement

tolling fee

tonne

transformer

transmission

transmission loss

transmission voltage

treatment/refining charges

trend

trend lines

triangle

triple bottom

triple top

turbine

turnaround

TVA

TVA (2)

two-part rate

U

Top

UKC

ULCC

Unconventional gas

uncovered position (futures)

uncovered position (options)

UNFCCC

UNL

uptrend

uranium

USAC

USEC

USG

USWC

V

Top

vanadium

var

variable costs

variation margin

VERs

VGO

viscosity

VLCC

volatility (Chaikin's)

volatility (historical volatility)

volatility (options)

volt

voltage control

voltage reduction

W

Top

watt

watt hour (wh)

weighted moving average

wet gas

wheeling

wheeling service

wholesale wheeling

working gas

WTI

WTS

Z

Top

Zeebrugge

Fox Oil Drilling Company

Overseas Markets

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