exhibit44915ett20110929v







Exhibit 4.49      CERTAIN MATERIAL (INDICATED BY THREE ASTERISKS) HAS BEEN OMITTED FROM THIS   DOCUMENT PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT. THE OMITTED   MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE   COMMISSION.      *** Certain information in this document has been omitted and filed separately with the Securities and Exchange   Commission. Confidential treatment has been requested with respect to the omitted portions.      STORAGE CONTRACT           1. Contract number   No:  2011-13   Dated: 29-09-2011         2. Euro Tank Terminal BV (the Company)      Euro Tank Terminal BV   PO Box 1000   3180 AA Rozenburg   The Netherlands      3. Principal/Client   Vitol S.A.   Boulevard Du Pont D'Arve 28   P.O. Box  384   1211 GENEVA   Switzerland      4. Storage period   Duration: 5 years   Start: 01-01- 2012   End: 31-12- 2016      At the expiry of this period the Client shall have first right to the contracted capacity. Twelve (12)   months prior to expiry both Parties shall negotiate the terms and conditions for a contract renewal   for a period to be mutually agreed upon.         5. Products   Gasoil       6. Storage location (Terminal)   Eurotank Terminal BV   Moezelweg 151   3198 LS  Europoort - Rotterdam   Netherlands      Port and Draft restrictions   : Ref. Appendix 1    Opening hours of the terminal  : Ref. Appendix 1     





 







               *** Certain information in this document has been omitted and filed separately with the Securities and Exchange   Commission. Confidential treatment has been requested with respect to the omitted portions.      2   Nominations and Operational procedures : Ref. Appendix 2         7. Contractual Capacity   Contractual capacity :   212,785m3      Products will be stored on a dedicated basis.      Tank Contractual   Capacity (m3)   Nett capacity   (m3)   Roof Type Product Min flash   TK 11 62,570 60,692 Fixed Gasoil 55°C   TK 12 62,410 60,537 Fixed Gasoil 55°C   TK 13 62,540 60,663 Fixed Gasoil 55°C   TK 14 21,190 20,554 Fixed Gasoil 55°C   TK 16   4,075   3,952 Fixed Gasoil 55°C      The tanks are Class 3, meaning suitable for handling of product with a flashpoint >55°c.       8. Means of delivery    Receipt ex seagoing vessel, barge or pump-over   Redelivery into seagoing vessel, barge, or pump over       9. Rates (expressed in Euro)       a. Tank rental (from 2012)         ***          Expressed in cubic meter (M3) per contractual capacity per month or part thereof.    Tank rental rate includes:   - Delivery from seagoing vessel or barge (in min. parcel size 1,000 Mt)   - Redelivery into seagoing vessel or barge (min. parcel size 1,000 Mt)   - Storage during the period    - Standard documentation on ship’s departure at terminal (B/L, AAD, T1, Timesheet, Master   receipt document)   - *** free throughputs per *** (calculated as 1 import and export of the nett tank capacity)       b. Additional Throughput Surcharge (per M3)             *** throughputs:          ***   *** throughputs:          ***   *** throughputs:          ***      Charged on the difference, expressed in M3 at 15°c, between the actual      





 







               *** Certain information in this document has been omitted and filed separately with the Securities and Exchange   Commission. Confidential treatment has been requested with respect to the omitted portions.      3   throughput per year and the free throughput mentioned in paragraph a), per M3.         c. Pumpover Surcharge        ***    Per M3 at 15°c pumped over from shoretank to shoretank within the Terminal.    A minimum charge based on *** m3 per operation shall apply.             d. Homogenisation Surcharge per hour (in shore tank)               ***           e. Board-to-board Surcharge        ***   Minimum quantity of *** MT per parcel, per M3 at 15°c.      f. Handling of additives         ***   Expressed in Euros per operation.    Delivery, receipt and operation of additives shall take place after consultation    with the Terminal.      g. Additional Services (per document)       ***   Supply of Certificate of Origin (not counter-signed by Chamber of Commerce),    EUR1, Form A, INF3, ATR      h.  Water on Board   In case water is found on board or in tank after discharge, water will be drained, removed and   disposed of at the cost charged by the contractor with a surcharge of ***% for coordination,   handling and administration costs. In case ETT takes care of the draining a charge based on   man-hours spent shall apply at *** euros per man-hour.       Rates exclude:      VAT and any other taxes, levies, fees, quay dues, port charges, and any other 3   rd    party fees   charged by 3   rd    parties such as the Port authority, Customs, Ship’s representative and Cargo   representative etc... Company will invoice these fees to the Client on *** basis without any mark-   up or fee charged by the Company.      10. Terms of Operation      Oil movement planning including quality and quantity must be clearly identified and detailed by the   Client in writing and intimated to the Company well in advance for execution.  The Company will   not be responsible for any effect of oil movement planning whatsoever. In implementing the oil   movement planning, the Company shall follow the instructions of the Client, but the Client should   always observe and consider the Quality and Quantity requirements of tank heels bottoms i.e.   ROB.     





 







               *** Certain information in this document has been omitted and filed separately with the Securities and Exchange   Commission. Confidential treatment has been requested with respect to the omitted portions.      4         11. Product Acceptance procedure      Upon nomination of a vessel/barge for a discharge operation the Client shall provide actual   specifications of the cargo on board, containing at least the following:       Density    Colour*    Sulphur    Conductivity    Pour Point    Viscosity      The product shall meet all of the following criteria:      Specification Max/Min Method   Flash Point Min 55°C    Viscosity Max 20 CST @ 40 °C    Pour Point Max 0°c (will be reviewed on case   by case basis as per ambient   temperature)         If the Terminal requests all or any of the abovementioned specifications and is not properly   informed by the Client the Terminal shall have the right to refuse discharge. If product does not   meet the abovementioned specification Company shall have the right to refuse discharge.      * If colour is > 2.5 Client shall provide material with which lines can be flushed.      Terminal shall also be informed of SDS and REACH Number for each delivery prior to discharge.          12. Tank cleaning   Tanks are prepared for their respective products prior to commencement of the Contract. On   completion of the Contract the tank shall be re-delivered in a state suitable for CPP storage. If   required, cleaning shall have taken place prior to contract expiry. Costs involved in cleaning the   tanks to their original condition in preparation for the next service and the disposal of wastes if any   are to the Client’s account. A copy invoice of the cleaning company will be attached to our invoice   with a surcharge of ***% for coordination and administration costs.       13. Dyeing   Adding of dye can only be performed on board and not in tank or line of the terminal.     





 







               *** Certain information in this document has been omitted and filed separately with the Securities and Exchange   Commission. Confidential treatment has been requested with respect to the omitted portions.      5         14. Contractual loss   Contractual loss during Operations and Storage will be actual loss as determined after unloading   & loading operations on basis of the shore tanks gauging. Product losses will be to the account of   the Client.       15. Rates/conditions are exclusively for the client    The client is not authorised to cede or subcontract the Contractual Capacity as well as any right   granted by this Contract without the Terminal prior written approval.      Sub-leasing of Clients tank to a 3   rd    Party      In case the Client wishes to sub-lease one or more of the contracted tanks it may request the   Company to do so on its behalf. In this case the Company shall at its discretion approach   potentially interested parties and negotiate a sub-lease contract acceptable to the Client for the   tank and period agreed with the Client provided that:   (i) the Client remains fully responsible for the performance of the sublease contract and   especially the payment of the rates outlined in Article 9    (ii) the sublease termination date is always earlier than the termination date of the present   Contract    (iii) the sublease does not comprise any option to renew or extend or increase the duration or   the capacity or any conditions referred to in the Sub lease Agreement.      The Client is not allowed to enter into any direct negotiations or discussions concerning its   contracted tanks with a 3   rd    Party and the Company is under no obligation to accept any 3   rd    parties   as a sub-lessee. In case the company is not able to find a sub-lessee on its own accord the Client   may propose a suitable alternative, approval of which shall not be unreasonably withheld.   The proceeds of any sub-lease arrangement shall be *** between Company and Client.       16. Index / escalation clause    The rates in Article 9 will be (de)escalated by the CPI as published by the Netherlands CBS   annually. Initial rates in 2012 are as stated in Article 9a and b.      17. Long term Maintenance      The Company shall have the right to perform long term or emergency maintenance during the   contractperiod. The normal storage rate of Article 9a shall be payable during such maintenance for   a period of maximum 30 days for the entire contract period.                                





 







               *** Certain information in this document has been omitted and filed separately with the Securities and Exchange   Commission. Confidential treatment has been requested with respect to the omitted portions.      6   18. Invoicing and payment   Tank Rental fee will be invoiced monthly; invoices will be issued at the beginning of each calendar   month, in advance. All other charges (Pumpovers, Homogenization, Additivation, Additional   throughput, etc...) for any other services rendered will be invoiced upon expiry of the month in   which the respective service was rendered.   Excess throughput as per Article 9b shall be invoiced on a monthly basis once the free throughput   allowed under this contract has been achieved.      Invoices are payable in the currency as invoiced and within 15 days after the date of invoice and   before final lifting of product.       19. Insurance      a) Title and risks of the oil products will remain with Client at all time.      b) Client will be responsible for insuring the oil stored under this Contract at their cost and expense.      c) Both Parties will be responsible for procuring third party liability insurance to cover their   respective legal liabilities arising from their responsibilities under this Contract.      d) Company shall at no time be liable for any damage to or loss of product stored.          20. General terms and conditions   The General Conditions for Tankstorage in the Netherlands (VOTOB) and the VOTOB jetty   conditions shall be applicable to this Contract.      21. Modification of the General Conditions     The provisions set forth in the Contract may be modified by a decision of the Terminal in   accordance with technical or legal requirements. In this case the Terminal shall endeavour to give   at least three months notice, except in the event of urgency in particular regarding regulations   and safety measures.   By exception to the abovementioned General Conditions, the Parties agree that in case any   storage capacity of the Client becomes unavailable due to maintenance or repairs undertaken by   ETT, the tank rental rate mentioned in Article 9a will be credited on a pro-rata basis for the period   that the capacity is unavailable.      22. Equity Clause    In the event of unexpected, heavy changes in exploitation costs, or important disruption of the   general economy, or any duty or tax not already included, the parties to this Contract will meet to   discuss the necessity of modifying part or all of the conditions of this Contract.      23. Law and jurisdiction:   Dutch law and English language will govern the present Contract.   For every dispute not settled amicably the only qualified jurisdiction will be Rotterdam Courts.         24. Notices     





 







               *** Certain information in this document has been omitted and filed separately with the Securities and Exchange   Commission. Confidential treatment has been requested with respect to the omitted portions.      7      All notices which may be given under any provisions of this Contract shall be in writing in English   and deemed to have been duly given when (a) served by (i) facsimile or other written electronic   means and communication confirmed by registered airmail, (ii) personally or (iii) mailed by certified   or registered first class mail, return receipt requested, postage prepaid and (b) properly addressed   to the Parties at their addresses first above written or to such other address as each of the Parties   may designate in writing to the other Parties in the manner provided in this Clause 13, together   with copies as follows:               In case of notice to ETT:        Euro Tank Terminal BV   PO Box 1000   3180 AA Rozenburg   The Netherlands         In case of notice to Vitol Distillate Matrix                Vitol Distillates   E-mail:    Vitol S.A.   Boulevard Du Pont D' Arve 28   P.O. Box  384   1211 GENEVA                        Euro Tank Terminal BV    Vitol S.A.                /s/ Jack de Moel     /s/ Roland Favre                     Date: 15 May 2014     Date: 15 May 2014        





 







               *** Certain information in this document has been omitted and filed separately with the Securities and Exchange   Commission. Confidential treatment has been requested with respect to the omitted portions.      8   Appendix 1         Jetties available for gas oil loading and discharge operations      Jetty No. Draught (m)      Max Beam (m) Min/Max LOA (m) Operational Date      Sea going vessels berths      Caland East – (A)     20.95 not restricted  145 - 280 Operational    Max freeboard 2.29 m x 20.54 m      Caland Centre – (B)     20.95 not restricted  180 - 360 Operational    Max freeboard 2.29 m x 20.54 m         Caland West – (D)   17.85 not restricted  125 - 280  Operational   Max freeboard 2.29 m x 20.54 m          Jetty 1 (M)    16.00     not restricted  80 - 260  T.B.A   Max freeboard 2.29 m x 20.54 m      Barges berths      Caland East inside – (A)   6.00      22  max 145  Operational      Caland West inside – (C)   5.00      22  max 145  Operational      Quay wall East – (E)   8.52      22  max 145  Operational      Quay Wall East – (F)   4.62      22  max 135  Operational      Quay Wall West  G   4.62          22  max 135  T.B.A.       Quay Wall West  H   4.62          22   max 135  T.B.A.          Berth P     4,62      22  max 135  T.B.A.        Berth  - 2 Q    7.00      22  max 135  T.B.A.      1. Above stated draughts are general figures. Contact the local harbour authorities for the latest draught restrictions.         Minimum vessel capabilities      Vessels calling at the Terminal with a DWT tonnage of more than 25,000 shall be able to maintain a   minimum pumping or receiving rate of 1000 m3 per hour or 7 bar at the ships manifold.      Vessels calling at the Terminal with a DWT tonnage between 10,000 and 25,000 shall be able to   maintain a minimum pumping or receiving rate of 800 m3 per hour       Vessels calling at the Terminal with a DWT tonnage between 5,000 and 10,000 shall be able to   maintain a minimum pumping or receiving rate of 600 m3 per hour.        





 







               *** Certain information in this document has been omitted and filed separately with the Securities and Exchange   Commission. Confidential treatment has been requested with respect to the omitted portions.      9   Vessels calling at the Terminal with a DWT tonnage lower than 5,000 shall be able to maintain a   minimum pumping or receiving rate of 400 m3 per hour.      In the event that the abovementioned performance criteria are not met by a vessel, the Terminal shall   have the right to unberth such vessel if it is causing delays to other vessels’ operations.            Surveying   Before loading and unloading of vessels the Principal must appoint an independent surveying company. When    failing to do so the Terminal may nominate one, on behalf of the Principal and all costs will be for account of and   invoiced to the Principal.       Working hours and overtime:   For operations the Terminal is working on a 365/7/24 basis    For emergency please contact key-personnel at below stated phone numbers.      Emergency contact details Key-personnel:    General Manager  : A.G.M. Schneiders   E-mail    : asn@ett.vtti.com   Tel    : 0181-240024      Terminal Manager  : C. Saaltink   E-mail    : cls@ett.vtti.com   Tel    : 0181-240024      Manager Customer Services  : D.C.N.H. de Beaumont   E-mail    : ddb@ett.vtti.com   Tel    : 0181-240024        





 







               *** Certain information in this document has been omitted and filed separately with the Securities and Exchange   Commission. Confidential treatment has been requested with respect to the omitted portions.      10   Appendix 2           NOMINATION AND OPERATIONAL PROCEDURES      All activities performed by Customer Services (CS) and Operations, involving movement of product   physically or administrative at the Terminal are backed by a formal order from the customer.        Orders performed at the Terminal:       AST Administrative Stock Transfer   BLE Blending   CLN Tank cleaning   DBA Discharge barge   DTR Discharge truck   DVE Discharge vessel   HEA Heating   HOM Homogenising   IMP Importation   ITS In-tank-sale   LBA Load barge   LVE Load vessel   MAI Maintaining   SDC Stock density correction   SER Generic services   STR Stock transfer   TTT Tank-to-tank transfer   WAS Washing/ treatments   WDR Water draining      All load or discharge nominations and other orders are to be received in writing via e-mail to the   attention of Customer Services.      Customer Services receives the nominations/orders and enters these into TOMCAT. This is the   terminal enterprise resource program.      Nominations for loading or discharging should at least include the following:      a. Type operation: Loading or Discharging, Tank-to-tank transfer   b. Name of vessel/barge   c. Name of tank(s) involved   d. Estimated Time of Arrival (ETA)   e. Name product/ quality   f. Quantity per tank in m   3    L15 or mt (vac)   g. Surveyor appointed   h. Customs status   i. Document instructions: draft B/L one working day prior to departure.   j. In case load nominations: receiver details, Name + Full address, excise number   k. In case discharge nominations: Analyses of product before discharging, SDS      Customer Services approves nominations received based on the above. If one or more items are   missing, the customer is informed accordingly and the order is not further processed.    Once the missing items are received the order is processed.       Before handing over the nomination to Operations the order is checked again. When all relevant   information is inserted into TOMCAT, the order is activated.   From this moment Operations is able to start the discharge or load operation.