Power Lane, Belmopan, Belize, C.A. P.O. Box 430 P| Belize Bureau See Fax: 601) 8222571 “a of Standards testi: 0800.2-TELL-us @ 80-29 5587 ana bbs@bilner wwwhbsgoubz OUR REF: BBS/STU/03/2023 (25) September 8%, 2023 Mr. Jonathan D’Silva Director Belize Petro Spirits and 25 Halfmoon Avenue City of Belmopan Belize C.A. tribution Limited Dear Mr. D’Silva, Re: Certificate of Analysis (Bureau Veritas Corporation Cartagena Laboratory) for Ultra-Low Sulfur Dieset The Bureau acknowledges receipt of the following Certificate of Analysis (CoA) conducted by Bureau Veritas Corporation Cartagena Laboratory, Colombia for Ultra Low Sulfur Diesel (ULSD) submitted for evaluation on 4" September 2023: # | Analysis Date | Total Sulfur (mass%) Grade ‘Volume ‘Country of Designation Origin 1 [0970872033 | 0.0012% wt (12 ppm) ULSD [220,000 Gallons | Colombia In reference to the CoA, the Bureau has evaluated the results submitted against $.I. No. 138 of 2021 — Belize Standard Specification for Diesel Fuel (High Sulphur, Low Sulphur and Ultra-Low Sulphur Grades —BZS 24: 2021). The department has subsequently ascertained based on the parameters that the diesel fuel (220,000 gallons ULSD Grade) qualifies as a No 2-D S15 - Ultra Low Sulfur Diesel (ULSD) which allows for maximum % mass sulfur content of 0.0015 in accordance with S.1. No 138 (BZS 24: 2021). fesitate to contact us should you require further clarification or additional information relating matter. Joseph Waight, Financial Secretary, Ministry of Finance M8. Estelle Leslie, Comptroller of Customs, Customs and Excise Department Mr. Anthony Mai, Chief Environmental Officer, Department of the Environment Mr. Lennox Nicholson, Controller of Supplies, Supplies Control Unit, Ministry of Agriculture, Food Security and Enterprise Z ‘: a =APR) 4 Certificate of Analysis ERA) | aceeoira00 ¢ COMBUSTIBLE 7 eed INDUSTRIAL we soc psa . TN Wore 7ossc0i7 ‘Vessel/Tank: ‘PLANTA ELEMENT (09-Aug-2023 Product vuisp op nvg203 lent: LATINENERGY SUPPLY DeteAnaivand: 00-209 ane SS Contam SAS DatefRported: Ov ug 035 adres: PALERMO Job Number: No Aapicn ame en Vera Peomel 5 = ‘COMBUSTIBLE TPO % uso fas. ae TAM Gavi, APT a — Reine Dei"? : - Deny 1G pint ——— - Wnts Content i) i con Vissi" 8) Corrosion, Cu, 3h- 50°C Col AST _ Fish Poin, CO) - _ had Pint C) — Sediment ty Extacton Ya) ‘Asi Content, Fini) Z 0014 | Residue Carbon Conradsoa (amas) a ots 7] - ‘Cetane index na _ 506 as 1 ‘Catane Number - zi BS - oil Slr Cone OR) “goo Pour Point (°C) - a oe 3 ae - a8 Resend Delain sO) anna a san — ‘Recovered Destllation 90% (°C) _ 7 Mas | ina Roitng Point (End Poin ~ ~ 360.7 a | ‘ASTM DIO Recovery (Vel%y 7 RT | ‘ASTM D86— ‘Residue (Vol) 7 12 | “ASTM DR Tos a . oo | ASTM DIG ~ Z 59 : | ASTM DBT = ‘Boise Content FAMENVOI%) ma 3s 1 s7OA - Tivos Slide Lu opm) — | (Comments "Anata tobe partormed on product not specied by th method sie) marked 8 (*) ert th scope of 1 AB-O crt sued ec Bad of Cetfiate Lelemnete prense 72 ‘ard Aono Beet on Lab Spas “Tino coi ai is niyo eee Ts ep date aplasia ‘hc utes spo fon Bes Very youre ‘Te company expresly disclaims any ibility arising fom the ws of docamens and/or he results obtained by oursevies in general, m relation to cerifeatons of quality, quantity, weight, temperature, concentrations, nits and /osupevision or ocr erie isso; And in any case, belle to the user or thie partes fr any loss or damage, compliance a not relate to 'initative ce her obigatons sng fom te exhibition oftheseai delsnenrsmpyy pmsl com one 1502 SDRSTAS INVOICE No. 0006 LATIN ENERGY SUPPLY LLC pare: 40972025, JcurEN BELIZE PETRO SPIRITS AND DISTRIBUTION LTD. [ADDRESS: BELIZE [RncisTER: 220,000 GALLONS OF ULSD USDS2.75 PER GALLON CFR awk coommNarEs ‘DANK NaNE CRIMANC NCA. ‘BANK ADDIS: 388 GREENWICH STREET, NEW YORK, USA [AMOUNT IN LETTERS: Six HUNDRED FIVE THOUSAND US DOLLARS | USS 605,000.00 —————— Us 605,000.00 Ragnar IN DEOTOAT ‘Ads 3600 NW Tee St 765 Mii Prd 33166, Un Stes Americ THANKS FOR YOUR PURCHASE,