Page 17 - 2020 CORPORATE PROFILE FUELQO ENERGIA LIMITED

Strictly Private & Confidential

Oman crude futures are traded at the Dubai Mercantile Exchange (DME) under ticker symbol OQD
(the DME is a fully electronic exchange, and its contracts are listed on CME Globex).

Contract size is 1,000 barrels (42,000 gallons) with a contract price quoted in US Dollars and cents per
barrel. Contract settlement consists of physical delivery. Delivery dates take place every month of the
year. Middle Eastern Crude Oil (average value of Dubai and Oman) is traded at the Tokyo Commodity
Exchange (TOCOM) under ticker symbol 33. Contract size is 50 kl (approximately 314,5 barrels).
Settlement of contract consists of cash-settled futures transactions.

Natural Gas

FUELQO ENERGIA Limited is in discussions with prominent and established refineries and majors
worldwide for Natural Gas. Our sourcing and distribution is in line with the demand for the emerging
markets in the Asian and African continents. The sanctity of price formulas in long-term contracts
could begin to unravel, with buyers, sellers, and - perhaps most importantly - financiers starting to
question the value of long-term LNG contracts so a buyer might more openly pursue a strategy of
buying low-priced spot cargoes while backing out of long-term contracted volumes.

Shipping quality assurances, shipping management systems and quality, shipping operations
contingency plans and risk mitigation is of strategic importance on the supply chain of events that
would take place on the inauguration with the Government buyers (NOGCs) and refineries or majors
alike.

We are very specific on the procurement structure. Once acknowledged and compliance (due
diligence) is administered on behalf of the department’s heads, we can submit the said terms,
conditions and procedures to commence with face to face meetings with the refineries or majors in

question.

The Henry Hub is a distribution hub on the natural gas pipeline system in Erath, Louisiana, owned by

Sabine Pipe Line LLC, a subsidiary of Chevron Corporation. Due to its importance, it lends its name to
the pricing point for natural gas futures contracts traded on the New York Mercantile Exchange
(NYMEX) and the OTC swaps traded on the Intercontinental Exchange (ICE).

Spot and future natural gas prices set at Henry Hub are denominated in $/mmbtu (millions of British
thermal units) and are generally seen to be the primary price set for the North American natural gas
market. North American unregulated wellhead prices are closely correlated to those set at Henry
Hub.

17