Page 14 - 2020 CORPORATE PROFILE FUELQO ENERGIA LIMITED

Strictly Private & Confidential

Dalia

The grade is produced from Block 17 offshore Angola and the operator is Total. The loading port is the
FPSO Dalia offshore Angola. Standard cargo size is 950,000 barrels. Production is 240,000 b/d. Daila is
classified as a medium density, low sulfur, and medium TAN crude. Specifications are: API 23.6°, Sulfur
0.50 mass%, Pour point -45°C, TAN 1.54 mg KOH/g, Nickel 24 wppm, Vanadium 11 wppm, Visc. (20°C)
117.2 cSt. First cargoes moved December 2006.

Palanca

The crude oil is produced in Angola from five different concessions. It is loaded from the Total operated
Palanca Terminal, which can accommodate Very Large Crude Carrier (VLCC) loading. The typical cargo
size is 985 thousand barrels; however, alternate cargo sizes can be arranged with advance planning.
The production rate of the contributing fields is approximately 140 thousand barrels per day.
Specifications are: API 37.2°, S.G. 0.8388 (conversion rate 7.5), Sulphur 0.18 mass%, Pour point 10 °C,
TAN 0.03 mg KOH/g, Nickel 1.4 wppm, Vanadium 1.1 wppm, Visc. (40°C) 4.52 cSt.

Cameroon Crude Kole

The crude is a blend of several fields: Kole, Betika, Ekoundou, Asoma and others. Kole is a low sulphur
crude (0.3%S), of medium gravity with a suitable jet cut as well as suitable cuts for thermal and catalytic
operations. Average production: 70,000 bpd. The terminal is operated by Elf Serepca. Location:
Approx. 100 miles West of Douala - Cameroon with maximum cargo size 900,000 bbls (143,000 m3).
The crude is naphthenic, low in aromatics and gives good quality reformer feedstock and middle
distillates with good cold properties. Specifications are: API 31.51°, conversion rate 7.4, Sulphur 0.35

mass %, Pour point -9 °C, TAN 0.61 mg KOH/g, Nickel 21.2 wppm, Vanadium 8.5 wppm, Visc. (40°C)
4.7 cSt.

Gabon Crude Rabi Light

The crude is produced in Gabon from the fields of Rabi, Coucal, Avocette Tchatamba and Azile. Rabi
light is a very low sulphur (0.12 %S), light crude (36-37API), particularly suitable for the production of

gasoline in a complex refinery, as well as jet fuel, high quality gasoil,

lube stocks and very low sulphur fuel oil. Rabi light can be used for direct burning in power generation

or utility plant. Average production: 90,000 bpd. Loading location is Terminal Cap Lopez near Port
Gentil. The loading berth is located on the west side of Baie du Prince. Cargo Size 130,000 mt.

The crude is paraffinic and has high yields of very good quality distillates with very good cetane index.

Naphtha with an N+2A of about 56, the naphtha is a very good feedstock for gasoline production.

14