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Aegean Marine Petroleum Network Inc Announces Transformative Transaction with Mercuria Energy Group

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Aegean Marine Petroleum Network Inc. (NYSE:ANW) ("Aegean"
or the "Company") announced today that Mercuria Energy
Group Limited, together with its affiliates ("Mercuria"),
became the sole lender under the Company's U.S. and global revolving
credit facilities (the "Trade Finance Facility"), as
contemplated by the previously announced Memorandum of Understanding ("MOU").
Mercuria and the Company have executed a letter agreement (the "Letter
Agreement"
) detailing the US$30 million of incremental liquidity
Mercuria is providing to the Company by way of amendments and waivers to
the Trade Finance Facility and other financing arrangements. With this
significant step completed, the two parties intend to begin exploring a
broader, global strategic partnership. Pursuant to the MOU, Mercuria
will provide US$250 million and US$750 million in revolving credit
facilities to finance the U.S. and global businesses, respectively,
through at least January 31, 2019.

"We are delighted to have completed this transformative transaction with
Mercuria, one of the world's largest independent energy and commodity
companies, in just a month," said Aegean Chairman and independent
director of the Board, Donald Moore. "Beyond providing increased
near-term liquidity and flexibility to our operations, this transaction
remakes the Company's capital structure for the long-term benefit of all
stakeholders, including Aegean's customers, suppliers, employees and
shareholders."

Under the terms of the agreements, Aegean will issue to Mercuria new
shares equal to 30% of its common stock (on a pro-forma basis), and
expects to appoint David Gallagher as a new member of the Company's
Board of Directors. Mr. Gallagher is Mercuria's Global Head of
Structuring and Origination, and prior to joining Mercuria in 2016, was
Global Head of Commodities Structuring and EMEA Head of Corporate
Originations at Goldman Sachs.

As previously disclosed, under the terms of the MOU, Mercuria has the
exclusive right to pursue a broader strategic partnership transaction
with the Company until January 31, 2019.

About Aegean Marine Petroleum Network Inc.

Aegean Marine Petroleum Network Inc. is an international marine fuel
logistics company that markets and physically supplies refined marine
fuel and lubricants to ships in port and at sea. The Company procures
product from various sources (such as refineries, oil producers, and
traders) and resells it to a diverse group of customers across all major
commercial shipping sectors and leading cruise lines. Currently, Aegean
has a global presence in more than 30 markets and a team of
professionals ready to serve its customers wherever they are around the
globe. For additional information please visit: www.ampni.com.

Cautionary Statement Regarding Forward-Looking Statements

This release contains "forward-looking" statements that are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Statements that are predictive in nature,
that depend upon or refer to future events or conditions, or that
include words such as "expects," "anticipates," "intends," "plans,"
"believes," "estimates," "will," and similar expressions are
forward-looking statements. For example, statements regarding the
transactions contemplated by the MOU and Letter Agreement, including
financings, operational services, trading and hedging arrangements and
other support that may be provided by Mercuria to Aegean, are
forward-looking statements. Forward-looking statements involve known and
unknown risks and uncertainties that may cause actual future results to
differ materially from those projected or contemplated in the
forward-looking statements. These risks and uncertainties include, but
are not limited to, the ability to negotiate final documentation. retain
Aegean customers, suppliers and vendors, the ability to manage our
liquidity and satisfy our debt obligations as they become due, and the
other risks and uncertainties disclosed in our filings with the
Securities and Exchange Commission. Given the risks and uncertainties
inherent in forward-looking statements, you are cautioned not to place
undue reliance on any of our forward-looking statements. Forward-looking
statements speak only as of the date on which the statements are made.
Aegean undertakes no duty, and expressly disclaims any obligation, to
update these forward-looking statements to reflect any future events,
developments or otherwise.

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