Luis Carvalho: Hi, Ron thank you for taking my question. My first question historically the company has been a solid event player, but in 2023 on the lower brand environment, higher CapEx, and also income tax from the country. We drop in the capital location, flexibility for the company. It would be great for the company. It would be great to hear the company’s view in terms of capital allocation ahead. If you see the payments to be closer to the bottom or the high range, between the 5% to 6% percent policy and maybe breaking between your expectations for this year, 2023, but also looking, they need to in long-term considering, investments in the strategic plan and also oil and fuel prices environment. My second question is, in the past months, we have seen some discussions in the country potentially to change fuel prices calculation, and fuel prices have actually been increasing gradually in the past months, right?
So, it would be great to hear, how discussions with the government have been going on this front and your thoughts on fuel prices ahead. How much gap do you still see to international prices and how much and on what timing this gap could eventually be adjusted? Those are my questions. Thank you.
Jaime Caballero: I will take both questions. First of all, in relation with the CapEx. As you have observed the CapEx is being well executed. We are fully in line with the expectations so far. And to that extent, we hope to finish the year within the ranges that we have mentioned to the market before, which is a rate that is in the order of $5.8 million to $6.5 million. And the distribution or allocation of that CapEx, as I mentioned before, is in line with the 2040 strategy, which is an important focus in the hydrocarbon business of about 70% transmission and 20% low emissions for the rest. So, we are not expecting surprises and it shows the commitment of the company to its growth practices. And with respect to the second question that has to do with FEPC.
If I understood correctly about prices, the government has opted for a commitment, making an adjustment on the fuel prices of domestic your prices, and it has been executing it consistently in a committed manner. And thanks to that, you have been able to see the change in the trend of accumulation of FEPC. We, as the government has announced, we hope those internal price adjustments will continue. And this is not only for the end of the year but also for 2024. The goal of the national government is to have domestic prices aligned with international prices by the end of 2024. That is a plan that has been announced and the route that we are using as a planning trend. Thank you.
Operator: The next question is from the chat, from Goldman Sachs.
Unidentified Analyst: About the accounts payable of a bank where the pay solution refers only to the balance OPEC for the second quarter of 2022? And what is the expectation of the company to receive the remaining balance of OPEC?
