----

| Clause |                              | Page   |
|--------|-----------------------------------|--------|
| 1      | Definitions                       | 1      |
|   |                              |   |
| 2      | Agreement of Bank                 | 2      |
|   |                              |   |
| 3      | Amendments to Principal Agreement | 2      |
|   |                              |   |
| 4      | Representations and warranties    | 6      |
|   |                              |   |
| 5      | Conditions                        | 7      |
|   |                              |   |
| 6      | Relevant Parties' confirmations   | 7      |
|   |                              |   |
| 7      | Expenses                          | 8      |
|   |                              |   |
| 8      | Miscellaneous and notices         | 8      |
|   |                              |   |
| 9      | Applicable law                    | 9      |

| Schedule 1 Documents and evidence required as conditions precedent | 10     |
|--------------------------------------------------------------------|--------|
|                                                               |   |
| Schedule 2 Form of Compliance Certificate                          | 12     |

----

| (1) | AEGEAN MARINE PETROLEUM NETWORK INC., a corporation incorporated in the Republic of the Marshall Islands with its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 (the "AMPNI Borrower"); |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | AEGEAN MARINE PETROLEUM S.A., a corporation incorporated in the Republic of Liberia with its registered office at 80 Broad Street, Monrovia, Republic of Liberia (the "AMPSA Borrower" and together with the AMPNI Borrower, the "Borrowers"); |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | THE ROYAL BANK OF SCOTLAND PLC, whose registered office is at 36 St. Andrew Square, Edinburgh EH2 2YB, Scotland acting through its office at 45 Akti Miaouli, 185 36 Piraeus, Greece (the "Bank"); |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | AEGEAN OSTRIA MARITIME COMPANY, a company incorporated in the Hellenic Republic with its registered office at 44 Hatzikiriakou street, 185 38 Piraeus, Greece, SYROS I MARITIME INC., a corporation incorporated in the Republic of the Marshall Islands with its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960, MYKONOS I MARITIME LIMITED (formerly known as MYKONOS I MARITIME INC. and having redomiciled from the Republic of the Marshall Islands), a company incorporated under the laws of the Republic of Cyprus with registration number HE 277602 and having its registered office at 36 Byron Avenue, Nicosia Tower Centre, P.C.1506 Nicosia, Cyprus and KIMOLOS SHIPPING (PTE.) LTD. and MILOS SHIPPING (PTE.) LTD., each a company incorporated in Singapore with its registered office at 4 Shenton Way, SGX Centre II #04-03, Singapore 068807, Singapore (together, the "Owners"); |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5) | AEGEAN BUNKERING SERVICES INC., a corporation incorporated in the Republic of the Marshall Islands with its registered office at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 in its capacity as corporate guarantor (the "Corporate Guarantor") and in its capacity as a manager (the "Manager"); and |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (6) | AEGEAN MANAGEMENT SERVICES M.C., a company incorporated in the Hellenic Republic with its registered office at 44 Hatzikiriakou Street, 185 38 Piraeus, Greece as a manager (the "New Amorgos Manager"). |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (A) | this Agreement is supplemental to a facility agreement dated 19 December 2006, as amended by a termination letter dated 21 December 2007, several supplemental letters and a supplemental agreement dated 17 February 2011 (together, the "Principal Agreement") made between the Borrowers and the Bank, relating to (originally) a term loan, overdraft and guarantee facility of up to (originally) $248,400,000 made available for the purposes stated therein (of which the principal amount outstanding on the date of this Agreement is $19,680,000); and |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (B) | this Agreement now sets out the terms and conditions upon which the Bank shall, at the request of the Borrowers, provide its consent to (inter alia) certain amendments to the Principal Agreement as set out in clause 3. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1 | Definitions |
|---|-------------|

| 1.1 | Defined expressions |
|-----|---------------------|

----

| 1.2 | Definitions |
|-----|-------------|

| 1.3 | Principal Agreement |
|-----|---------------------|

| 1.4 | Headings |
|-----|----------|

| 1.5 | Construction of certain terms |
|-----|-------------------------------|

| 2 | Agreement of Bank |
|---|-------------------|

| 3 | Amendments to Principal Agreement |
|---|-----------------------------------|

| 3.1 | Amendments |
|-----|------------|

| 3.1.1 | by deleting the definitions of "Accounting Information", "Accounting Period" and "Compliance Certificate" in clause 1.2 of the Principal Agreement in their entirety and by inserting in their place the following new definitions: |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 3.1.2 | by inserting in alphabetical order the following new definitions in clause 1.2 of the Principal Agreement: |
|-------|------------------------------------------------------------------------------------------------------------|

| 3.1.3 | by deleting the word "then" from the phrase "as stated in the then most recent Accounting Information" in all places where it appears in the definitions of "Consolidated Current Assets", "Consolidated Debt", "Consolidated Leverage Ratio", "Consolidated Liquid Funds", "Consolidated Tangible Fixed Assets", "EBIT", "Interest Cover Ratio" and "Interest Expense" in clause 1.2 of the Principal Agreement (i.e. once in each such definition); |
|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.1.4 | by inserting the words ", the Second Supplemental Agreement" after the words "the Supplemental Agreement" in the definition of "Security Documents" in clause 1.2 of the Principal Agreement; |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.1.5 | by deleting the existing clause 7.2.19 of the Principal Agreement and by inserting in its place the following new clause 7.2.19: |
|-------|----------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | each of the AMPSA Borrower, each Owner, the Manager, the New Amorgos Manager and the Corporate Guarantor are wholly-owned direct or indirect Subsidiaries of the AMPNI Borrower; and |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | no less than 15% of the total issued voting share capital of the AMPNI Borrower and no less than 15% of the total issued share capital of the AMPNI Borrower, is ultimately beneficially owned by Mr Dimitrios Melisanidis; and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Mr Dimitrios Melisanidis has and exercises the control of the AMPNI Borrower and its board of directors; and; and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------|

|   | (d) | no person, or persons acting in concert (other than Mr Dimitrios Melisanidis) are the ultimate beneficial owners of more than 50% (or of any other percentage higher than that owned by Mr Dimitrios Melisanidis), of the total issued voting share capital of the AMPNI Borrower or have the control of the AMPNI Borrower or of its board of directors;"; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 3.1.6 | by deleting the existing clause 8.1.5 of the Principal Agreement and by inserting in its place the following new clause 8.1.5: |
|-------|--------------------------------------------------------------------------------------------------------------------------------|

| "8.1.5 | Financial statements |
|--------|----------------------|

|   | (a) | consolidated financial statements of the Group in accordance with the Applicable Accounting Principles consistently applied in respect of each financial year and cause the same to be reported on by the Group's auditors; and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | unaudited consolidated financial statements of the Group in accordance with the Applicable Accounting Principles consistently applied in respect of each financial quarter (including on a year to date basis), |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.1.7 | by deleting the existing clause 8.6.1 of the Principal Agreement and by inserting in its place the following new clause 8.6.1: |
|-------|--------------------------------------------------------------------------------------------------------------------------------|

| "8.6.1 | The Borrowers jointly and severally undertake with the Bank that, from the date of this Agreement and so long as any moneys are owing under the Security Documents and while all or any part of the Commitment remains available, they will ensure that: |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | Consolidated Book Net Worth |
|--------|-----|-----------------------------|

|   | (b) | Consolidated Leverage Ratio |
|--------|-----|-----------------------------|

|   | (c) | Liquidity |
|--------|-----|-----------|

|   | (i) | Consolidated Liquid Funds of no less than $30,000,000 at the end of each calendar month and at the end of each Accounting Period; and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | Consolidated Liquid Funds of no less than $15,000,000 on an average daily basis; |
|--------|------|----------------------------------------------------------------------------------|

|   | (d) | Interest Cover Ratio |
|--------|-----|----------------------|

|   | (i) | 2.0:1.0 at the end of each Accounting Period ending on or before 31 December 2010; |
|--------|-----|------------------------------------------------------------------------------------|

|   | (ii) | 1.35:1.0 at the end of each Accounting Period ending between 1 January 2011 and 31 December 2011 (inclusive); and |
|--------|------|-------------------------------------------------------------------------------------------------------------------|

----

|   | (iii) | 1.6:1.0 at the end of each Accounting Period ending after 1 January 2012; and |
|--------|-------|-------------------------------------------------------------------------------|

|   | (e) | Current Ratio |
|--------|-----|---------------|

|   | (i) | 1.15:10 at the end of each Accounting Period ending on or before 30 January 2012; |
|--------|-----|-----------------------------------------------------------------------------------|

|   | (ii) | 1.05:1.0 at the end of each of Accounting Period ending between 31 January 2012 and 31 January 2013 (both inclusive); and |
|--------|------|---------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | 1.15:1.0 at the end of each Accounting Period ending after 1 February 2013."; |
|--------|-------|-------------------------------------------------------------------------------|

| 3.1.8 | by inserting the following new clause 8.9 after clause 8.8 of the Principal Agreement: |
|-------|----------------------------------------------------------------------------------------|

|   | 8.9.1 | Without prejudice to the provisions of clause 8.3, the Borrowers jointly and severally undertake that the AMPNI Borrower will not agree to or grant or agree to grant at any time for the benefit of, or in favour of, any of its lenders or creditors a minimum Current Ratio undertaking which is higher than 1.05:1.0 (the "more favourable rights"). |
|--------|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8.9.2 | Without prejudice to clause 8.9.1 and the consequences of its breach by the Borrowers under clause 10, in the event that and each time that the AMPNI Borrower agrees to, or grants, or agrees to grant, any more favourable rights in breach of clause 8.9.1, the Borrowers jointly and severally undertake and agree with the Bank: |
|--------|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | to notify the Bank forthwith after the relevant agreement to, or the granting of or any agreement to grant (as the case may be), such more favourable rights; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | that the AMPNI Borrower will agree to, provide and grant, such more favourable rights also in favour of the Bank under or in connection with this Agreement and the other Security Documents (and the transactions contemplated thereunder), by entering into (and/or by procuring that any Security Party or any other person entering into) such documentation as the Bank shall reasonably require, immediately after the Bank's request to the Borrowers; and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | that any such more favourable rights shall in any event apply to this Agreement and the other Security Documents automatically from the time they are granted to the other lender or creditor, and irrespective of whether the Borrowers and the other Security Parties have complied with their other obligations under this clause 8.9, except if the Bank at any time advises the Borrowers that such or certain of such more favourable rights will not so apply and always without prejudice to the terms and conditions of this Agreement and the other Security Documents."; and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.1.9 | by deleting clause 10.1.27 of the Principal Agreement in its entirety and by inserting the following new clause 10.1.27 in its place: |
|-------|---------------------------------------------------------------------------------------------------------------------------------------|

|   | "10.1.27 | Shareholdings: |
|--------|----------|----------------|

|   | (a) | Mr Dimitrios Melisanidis is at any time the ultimate beneficial owner of less than 15% of the total issued voting share capital of the AMPNI Borrower or of less than 15% of the total issued share capital of the AMPNI Borrower; or |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | any person, or persons acting in concert (other than Mr Dimitrios Melisanidis) become at any time the ultimate beneficial owners of more than 50% (or of a percentage higher than that then owned by Mr Dimitrios Melisanidis) of the total issued voting share capital of the AMPNI Borrower or of the total issued |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | (c) | Mr Dimitrios Melisanidis does not have or exercise the control of the AMPNI Borrower or its board of directors at any time; or |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | there is any change in the legal and/or beneficial ownership of any of the shares of the AMPSA Borrower or any Owner or the Manager or the New Amorgos Manager or the Corporate Guarantor which results in any such Security Party ceasing to be a wholly-owned direct or indirect Subsidiary of the AMPNI Borrower; or". |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.2 | Continued force and effect |
|-----|----------------------------|

| 4 | Representations and warranties |
|---|--------------------------------|

| 4.1 | Primary representations and warranties |
|-----|----------------------------------------|

| 4.1.1 | Existing representations and warranties |
|-------|-----------------------------------------|

| 4.1.2 | Corporate power |
|-------|-----------------|

| 4.1.3 | Binding obligations |
|-------|---------------------|

| 4.1.4 | No conflict with other obligations |
|-------|------------------------------------|

| 4.1.5 | No filings required |
|-------|---------------------|

----

| 4.1.6 | Choice of law |
|-------|---------------|

| 4.1.7 | Consents obtained |
|-------|-------------------|

| 4.2 | Repetition of representations and warranties |
|-----|----------------------------------------------|

| 5 | Conditions |
|---|------------|

| 5.1 | Documents and evidence |
|-----|------------------------|

| 5.2 | General conditions precedent |
|-----|------------------------------|

| 5.2.1 | the representations and warranties in clause 4 being true and correct on the Effective Date as if each was made with respect to the facts and circumstances existing at such time; and |
|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.2.2 | no Default having occurred and continuing at the time of the Effective Date. |
|-------|------------------------------------------------------------------------------|

| 5.3 | Waiver of conditions precedent |
|-----|--------------------------------|

| 6 | Relevant Parties' confirmations |
|---|---------------------------------|

| 6.1 | each of the Security Documents to which it is a party, and its obligations thereunder, shall remain in full force and effect notwithstanding the amendments made to the Principal Agreement by this Agreement; |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 6.2 | its obligations under the relevant Security Documents to which it is a party include any and all amounts owing by the Borrowers under the Principal Agreement as amended by this Agreement; and |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.3 | with effect from the Effective Date, references to "the Agreement" or the "the Facility Agreement" in any of the Security Documents to which it is a party shall henceforth be references to the Principal Agreement as amended by this Agreement and as from time to time hereafter amended. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7 | Expenses |
|---|----------|

| 7.1 | Expenses |
|-----|----------|

| 7.1.1 | in connection with the negotiation, preparation, execution and, where relevant, registration of this Agreement and the other Relevant Documents and of any amendment or extension of or the granting of any waiver or consent under this Agreement or the other Relevant Documents; and |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.1.2 | in contemplation of, or otherwise in connection with, the enforcement of, or preservation of any rights under this Agreement or the other Relevant Documents or otherwise in respect of the monies owing and obligations incurred under this Agreement and the other Relevant Documents, |
|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.2 | Value Added Tax |
|-----|-----------------|

| 7.3 | Stamp and other duties |
|-----|------------------------|

| 8 | Miscellaneous and notices |
|---|---------------------------|

| 8.1 | Notices |
|-----|---------|

| 8.2 | Counterparts |
|-----|--------------|

| 8.3 | Borrowers' obligations |
|-----|------------------------|

----

| 9 | Applicable law |
|---|----------------|

| 9.1 | Law |
|-----|-----|

| 9.2 | Submission to jurisdiction |
|-----|----------------------------|

----

| 1 | Corporate authorisation |
|---|-------------------------|

|   | (a) | Constitutional documents |
|--------|-----|--------------------------|

|   | (b) | Resolutions |
|--------|-----|-------------|

|   | (1) | being true and correct; |
|--------|-----|-------------------------|

|   | (2) | being duly passed at meetings of the directors of such Relevant Party and of the shareholders of such Relevant Party each duly convened and held; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (3) | not having been amended, modified or revoked; and |
|--------|-----|---------------------------------------------------|

|   | (4) | being in full force and effect |
|--------|-----|--------------------------------|

|   | (c) | Certificate of incumbency |
|--------|-----|---------------------------|

| 2 | Consents |
|---|----------|

| 3 | Registrations |
|---|---------------|

----

| 4 | Legal opinions |
|---|----------------|

| 5 | Process agent |
|---|---------------|

----

| 1 | Financial undertakings |
|---|------------------------|

|   | (a) | Consolidated Book Net Worth shall not be less than $410,000,000 at the end of any Accounting Period: - |
|--------|-----|--------------------------------------------------------------------------------------------------------|

|   | (b) | Consolidated Leverage Ratio shall not be higher than 0.7:1.0 at the end of any Accounting Period: - |
|--------|-----|-----------------------------------------------------------------------------------------------------|

|   | Ø | Consolidated Debt is $[•] |
|--------|--------|---------------------------------|

|   | Ø | Consolidated Total Assets are $[•]. |
|--------|--------|-------------------------------------------|

|   | (c) | Consolidated Liquid Funds of no less than $30,000,000 at the end of each calendar month and at the end of each Accounting Period: - |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------|

|   | Ø | cash held with the Bank of $[•]; |
|--------|--------|----------------------------------------|

|   | Ø | cash held with [•] of $[•]; |
|--------|--------|-----------------------------------------|

|   | Ø | cash held with [•] of $[•]; |
|--------|--------|-----------------------------------------|

|   | Ø | cash held with [•] of $[•]; |
|--------|--------|-----------------------------------------|

|   | Ø | the undrawn amount of any committed overdraft facilities available to any member of the Group of $[•]; and |
|--------|--------|------------------------------------------------------------------------------------------------------------------|

|   | Ø | other, such as [•] of $[•]. |
|--------|--------|-----------------------------------------|

----

|   | (d) | Interest Cover Ratio shall be higher than [2.0] [1.35] [1.6]:1.0 at the end of each Accounting Period:- |
|--------|-----|---------------------------------------------------------------------------------------------------------|

|   | Ø | EBIT is $[•] |
|--------|--------|--------------------|

|   | Ø | Interest Expense is $[•]. |
|--------|--------|---------------------------------|

|   | (e) | Current Ratio shall not be less than [1.15] [1.05] [1.15]:1.0 at the end of each Accounting Period:- |
|--------|-----|------------------------------------------------------------------------------------------------------|

|   | Ø | Consolidated Current Assets are $[•] |
|--------|--------|--------------------------------------------|

|   | Ø | Consolidated Current Liabilities are $[•]. |
|--------|--------|--------------------------------------------------|

| 2 | Default |
|---|---------|

----

| EXECUTED as a DEED                                                                                                                                                                            | )      |                                                                                                                                                        |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By Y. Koumbiadou                                                                                                                                                                              | )      |                                                                                                                                                        |
| For and on behalf of                                                                                                                                                                          | )      | /s/ Y. Koumbiadou                        |
| AEGEAN MARINE PETROLEUM NETWORK INC.                                                                                                                                                          | )      | Attorney-in-fact                                                                                                                                            |
| as Borrower                                                                                                                                                                                   | )      |                                                                                                                                                        |
| In the presence of:                                                                                                                                                                           | )      |                                                                                                                                                        |
|                                                                                                                                                                                          |   |                                                                                                                                                        |
| /s/  Maria Papadopoulou                           |   |                                                                                                                                                        |
| Witness                                                                                                                                                                                       |   |                                                                                                                                                        |
| Name:  MARIA PAPADOPOULOU                                                                                                                                                           |   |                                                                                                                                                        |
| Address:                                                                                                                                                                                      |   |                                                                                                                                                        |
| Occupation:  NORTON ROSE LLPPIRAEUS                                                                                                                                                 |   |                                                                                                                                                        |

| EXECUTED as a DEED                                                                                                                                                                            | )      |                                                                                                                                                                                                                                           |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By Y. Koumbiadou                                                                                                                                                                              | )      |                                                                                                                                                                                                                                           |
| For and on behalf of                                                                                                                                                                          | )      | /s/ Y. Koumbiadou                                     |
| AEGEAN MARINE PETROLEUM S.A.                                                                                                                                                                  | )      | Attorney-in-fact                                                                                                                                                                                                                               |
| as Borrower                                                                                                                                                                                   | )      |                                                                                                                                                                                                                                           |
| In the presence of:                                                                                                                                                                           | )      |                                                                                                                                                                                                                                           |
|                                                                                                                                                                                          |   |                                                                                                                                                                                                                                           |
| /s/  Maria Papadopoulou                           |   |                                                                                                                                                                                                                                           |
| Witness                                                                                                                                                                                       |   |                                                                                                                                                                                                                                           |
| Name:  MARIA PAPADOPOULOU                                                                                                                                                           |   |                                                                                                                                                                                                                                           |
| Address:                                                                                                                                                                                      |   |                                                                                                                                                                                                                                           |
| Occupation:  NORTON ROSE LLPPIRAEUS                                                                                                                                                 |   |                                                                                                                                                                                                                                           |

| EXECUTED as a DEED                                                                                                                                                                            | )      |                                                                                                                                                                                                                                         |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By A. Manitsas                                                                                                                                                                                | )      |                                                                                                                                                                                                                                         |
| For and on behalf of                                                                                                                                                                          | )      | /s/ A. Manitsas                                     |
| AEGEAN OSTRIA MARITIME COMPANY                                                                                                                                                                | )      | Attorney-in-fact                                                                                                                                                                                                                             |
| as Owner                                                                                                                                                                                      | )      |                                                                                                                                                                                                                                         |
| In the presence of:                                                                                                                                                                           | )      |                                                                                                                                                                                                                                         |
|                                                                                                                                                                                          |   |                                                                                                                                                                                                                                         |
| /s/  Maria Papadopoulou                           |   |                                                                                                                                                                                                                                         |
| Witness                                                                                                                                                                                       |   |                                                                                                                                                                                                                                         |
| Name:  MARIA PAPADOPOULOU                                                                                                                                                           |   |                                                                                                                                                                                                                                         |
| Address:                                                                                                                                                                                      |   |                                                                                                                                                                                                                                         |
| Occupation:  NORTON ROSE LLPPIRAEUS                                                                                                                                                 |   |                                                                                                                                                                                                                                         |

| EXECUTED as a DEED                                                                                                                                                                            | )      |                                                                                                                                                                                                                                           |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By Y. Koumbiadou                                                                                                                                                                              | )      |                                                                                                                                                                                                                                           |
| For and on behalf of                                                                                                                                                                          | )      | /s/ Y. Koumbiadou                                     |
| KIMOLOS SHIPPING (PTE.) LTD.                                                                                                                                                                  | )      | Attorney-in-fact                                                                                                                                                                                                                               |
| as Owner                                                                                                                                                                                      | )      |                                                                                                                                                                                                                                           |
| In the presence of:                                                                                                                                                                           | )      |                                                                                                                                                                                                                                           |
|                                                                                                                                                                                          |   |                                                                                                                                                                                                                                           |
| /s/  Maria Papadopoulou                           |   |                                                                                                                                                                                                                                           |
| Witness                                                                                                                                                                                       |   |                                                                                                                                                                                                                                           |
| Name:  MARIA PAPADOPOULOU                                                                                                                                                           |   |                                                                                                                                                                                                                                           |
| Address:                                                                                                                                                                                      |   |                                                                                                                                                                                                                                           |
| Occupation:  NORTON ROSE LLPPIRAEUS                                                                                                                                                 |   |                                                                                                                                                                                                                                           |

----

| EXECUTED as a DEED                                                                                                                                                                            | )      |                                                                                                                                                                                                                                           |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| by Y. Koumbiadou                                                                                                                                                                              | )      |                                                                                                                                                                                                                                           |
| For and on behalf of                                                                                                                                                                          | )      | /s/ Y. Koumbiadou                                     |
| MILOS SHIPPING (PTE.) LTD.                                                                                                                                                                    | )      | Attorney-in-fact                                                                                                                                                                                                                               |
| as Owner                                                                                                                                                                                      | )      |                                                                                                                                                                                                                                           |
| In the presence of:                                                                                                                                                                           | )      |                                                                                                                                                                                                                                           |
|                                                                                                                                                                                          |   |                                                                                                                                                                                                                                           |
| /s/  Maria Papadopoulou                           |   |                                                                                                                                                                                                                                           |
| Witness                                                                                                                                                                                       |   |                                                                                                                                                                                                                                           |
| Name:  MARIA PAPADOPOULOU                                                                                                                                                           |   |                                                                                                                                                                                                                                           |
| Address:                                                                                                                                                                                      |   |                                                                                                                                                                                                                                           |
| Occupation:  NORTON ROSE LLPPIRAEUS                                                                                                                                                 |   |                                                                                                                                                                                                                                           |

| EXECUTED as a DEED                                                                                                                                                                            | )      |                                                                                                                                                                                                                                           |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By Y. Koumbiadou                                                                                                                                                                              | )      |                                                                                                                                                                                                                                           |
| For and on behalf of                                                                                                                                                                          | )      | /s/ Y. Koumbiadou                                     |
| MYKONOS I MARITIME LIMITED                                                                                                                                                                    | )      | Attorney-in-fact                                                                                                                                                                                                                               |
| as Owner                                                                                                                                                                                      | )      |                                                                                                                                                                                                                                           |
| In the presence of:                                                                                                                                                                           | )      |                                                                                                                                                                                                                                           |
|                                                                                                                                                                                          |   |                                                                                                                                                                                                                                           |
|                                                                                                                                                                                          |   |                                                                                                                                                                                                                                           |
| /s/  Maria Papadopoulou                           |   |                                                                                                                                                                                                                                           |
| Witness                                                                                                                                                                                       |   |                                                                                                                                                                                                                                           |
| Name:  MARIA PAPADOPOULOU                                                                                                                                                           |   |                                                                                                                                                                                                                                           |
| Address:                                                                                                                                                                                      |   |                                                                                                                                                                                                                                           |
| Occupation:  NORTON ROSE LLPPIRAEUS                                                                                                                                                 |   |                                                                                                                                                                                                                                           |

| EXECUTED as a DEED                                                                                                                                                                            | )      |                                                                                                                                                                                                                                           |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By Y. Koumbiadou                                                                                                                                                                              | )      |                                                                                                                                                                                                                                           |
| For and on behalf of                                                                                                                                                                          | )      | /s/ Y. Koumbiadou                                     |
| SYROS I MARITIME INC.                                                                                                                                                                         | )      | Attorney-in-fact                                                                                                                                                                                                                               |
| as Owner                                                                                                                                                                                      | )      |                                                                                                                                                                                                                                           |
| In the presence of:                                                                                                                                                                           | )      |                                                                                                                                                                                                                                           |
|                                                                                                                                                                                          |   |                                                                                                                                                                                                                                           |
|                                                                                                                                                                                          |   |                                                                                                                                                                                                                                           |
| /s/  Maria Papadopoulou                           |   |                                                                                                                                                                                                                                           |
| Witness                                                                                                                                                                                       |   |                                                                                                                                                                                                                                           |
| Name:  MARIA PAPADOPOULOU                                                                                                                                                           |   |                                                                                                                                                                                                                                           |
| Address:                                                                                                                                                                                      |   |                                                                                                                                                                                                                                           |
| Occupation:  NORTON ROSE LLPPIRAEUS                                                                                                                                                 |   |                                                                                                                                                                                                                                           |

| EXECUTED as a DEED                                                                                                                                                                            | )      |                                                                                                                                                                                                                                           |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By Y. Koumbiadou                                                                                                                                                                              | )      |                                                                                                                                                                                                                                           |
| For and on behalf of                                                                                                                                                                          | )      | /s/ Y. Koumbiadou                                     |
| AEGEAN BUNKERING SERVICES INC.                                                                                                                                                                | )      | Attorney-in-fact                                                                                                                                                                                                                               |
| As Corporate Guarantor and Manager                                                                                                                                                            | )      |                                                                                                                                                                                                                                           |
| In the presence of:                                                                                                                                                                           | )      |                                                                                                                                                                                                                                           |
|                                                                                                                                                                                          |   |                                                                                                                                                                                                                                           |
|                                                                                                                                                                                          |   |                                                                                                                                                                                                                                           |
| /s/  Maria Papadopoulou                           |   |                                                                                                                                                                                                                                           |
| Witness                                                                                                                                                                                       |   |                                                                                                                                                                                                                                           |
| Name:  MARIA PAPADOPOULOU                                                                                                                                                           |   |                                                                                                                                                                                                                                           |
| Address:                                                                                                                                                                                      |   |                                                                                                                                                                                                                                           |
| Occupation:  NORTON ROSE LLPPIRAEUS                                                                                                                                                 |   |                                                                                                                                                                                                                                           |

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| EXECUTED as a DEED                                                                                                                                                                            | )      |                                                                                                                                                                                                                                         |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By K. KYRIAKOU                                                                                                                                                                           | )      |                                                                                                                                                                                                                                         |
| For and on behalf of                                                                                                                                                                          | )      | /s/ K. KYRIAKOU                                     |
| AEGEAN MANAGEMENT SERVICES M.C.                                                                                                                                                               | )      | Attorney-in-fact                                                                                                                                                                                                                             |
| As New Amorgos Manager                                                                                                                                                                        | )      |                                                                                                                                                                                                                                         |
| In the presence of:                                                                                                                                                                           | )      |                                                                                                                                                                                                                                         |
|                                                                                                                                                                                          |   |                                                                                                                                                                                                                                         |
|                                                                                                                                                                                          |   |                                                                                                                                                                                                                                         |
| /s/  Maria Papadopoulou                           |   |                                                                                                                                                                                                                                         |
| Witness                                                                                                                                                                                       |   |                                                                                                                                                                                                                                         |
| Name:  MARIA PAPADOPOULOU                                                                                                                                                           |   |                                                                                                                                                                                                                                         |
| Address:                                                                                                                                                                                      |   |                                                                                                                                                                                                                                         |
| Occupation:  NORTON ROSE LLPPIRAEUS                                                                                                                                                 |   |                                                                                                                                                                                                                                         |

| EXECUTED as a DEED                                                                                                                                                                            | )      |                                                                                                                                                                                                                                           |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| By A. Damianidou                                                                                                                                                                              | )      |                                                                                                                                                                                                                                           |
| For and on behalf of                                                                                                                                                                          | )      | /s/ A. Damianidou                                     |
| THE ROYAL BANK OF SCOTLAND PLC                                                                                                                                                                | )      | Attorney-in-fact                                                                                                                                                                                                                               |
| as Bank                                                                                                                                                                                       | )      |                                                                                                                                                                                                                                           |
| In the presence of:                                                                                                                                                                           | )      |                                                                                                                                                                                                                                           |
|                                                                                                                                                                                          |   |                                                                                                                                                                                                                                           |
|                                                                                                                                                                                          |   |                                                                                                                                                                                                                                           |
| /s/  Maria Papadopoulou                           |   |                                                                                                                                                                                                                                           |
| Witness                                                                                                                                                                                       |   |                                                                                                                                                                                                                                           |
| Name:  MARIA PAPADOPOULOU                                                                                                                                                           |   |                                                                                                                                                                                                                                           |
| Address:                                                                                                                                                                                      |   |                                                                                                                                                                                                                                           |
| Occupation:  NORTON ROSE LLPPIRAEUS                                                                                                                                                 |   |                                                                                                                                                                                                                                           |

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