Page 10 - 2020 CORPORATE PROFILE FUELQO ENERGIA LIMITED

Strictly Private & Confidential

Trading Marketing Products: Oil supply production output.

Crude oil (Medium Oils and Crude Oils by Country)

Liquefied Natural Gas

Light distillates (Liquefied Petroleum Gas, Gasoline, Naphtha)
Middle distillates (Kerosene, Jet fuel, Gasoils -diesel [ppm])

Heavy distillates and residuum (heavy fuel oil, lubricating oils, wax, asphalt).

Crude

FUELQO ENERGIA Limited source crude oils worldwide and our primary commercial expertise in

operations for procurements is based in the Middle East and the African markets. In line with our
professional structure our management is very experienced in lifting, inspections, maritime notices
and laws. All exports are throughout and loaded from the operated terminal or other terminals,
which can accommodate VLCC loading. We are based in these Countries which have added a
significant value to our credentials and supply to worldwide leading refineries. The structure of any
transaction is risk complaint based on the financial expertise administered by our senior
management.

Medium Oils: Most of the crude oil on the market these days falls into this category. Low volatility
makes for messier & more complex “clean ups” and when it comes to the increased toxicity levels, as
we have all lived long enough to see what “Medium Oil” spills can do to the local ocean life out on
the seas or local wildlife.

In the international petroleum industry, crude oil products are traded on various oil index bourses
based on established chemical profiles, delivery locations, and financial terms. The chemical profiles,

or crude oil assays, specify important properties such as the oil's API gravity. The delivery locations
are usually sea ports close to the oil fields from which the crude was obtained (and new fields are
constantly being explored), and the pricing is usually quoted based on F.O.B. incoterms.

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