Aegean Marine Petroleum Network 6K Current report | ANWWQ 6 Nov 18

Exhibit 99.3

Discussion Materials September 25, 2018 AEGEAN MARINE PETROLEUM NETWORK INC.

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Agenda Introduction 3 Company Overview 4 Current Situation 8 Year-to-date Cash Burn and Steady State 10 Liquidity Need 11 Financial Overview 12 Borrowing Base Update 17 Fleet Overview 18 Appendix 19 2

Aegean Marine Petroleum Network Inc. (the “Company” or “Aegean” or “ANW”) has been operating at severely limited capacity since March 2018, when revolving credit facility lenders reduced available credit to fund operations following concerns regarding (i) the proposed H.E.C. transaction, (ii) the Company’s $200mm receivables issue, (iii) and a breach of a financial covenant under the facilityThe Company’s problems were further aggravated due to a missed 20-F filing and subsequent tightening of vendor terms and significantly curtailed ability of vendors to obtain credit insurance on Aegean receivablesOn August 18th, the Global and U.S. trade facilities were assumed by Mercuria and $30 million of incremental liquidity was made available to replenish inventories and fund operating needs. The Company still requires additional liquidity and time to recoverDue to Aegean’s recent operating constraints and lack of liquidity, the Company is considering alternatives regarding the upcoming maturity of the 2018 Convertible Notes Introduction 3

Aegean Marine Petroleum: Marine Fuel Logistics A leading independent physical supplier of marine bunker fuels and lubricants worldwide Company Overview Summary Historical Performance¹,2 Key Business Segments Aegean Marine Petroleum Network Inc. is an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to vessels in port, at sea and on riversThe Company provides customers with comprehensive solutions across its four key business segments, including Fuel Supply, Bunker Trading, Lubricants, and Fleet ManagementGlobal reach spans more than 30 markets, covering more than50 ports worldwideOwns 41 bunkering vessels, comprising the largest private fleet of bunkering tankersFounded in 1995 and is headquartered in Athens, Greece Fuel Supply Purchases marine fuel from refineries, major oil producers and other sources and resells and delivers such fuel, using bunkering vesselsCustomers include a diverse group of ocean-going and coastal ship operators, marine fuel traders, brokers and other end- users of marine fuel Bunker Trading Operates alongside the physical supply network, providing customers with a comprehensive worldwide solution to their bunkering needs Lubricants Developed and introduced into the market its own brand, ALFA marine lubricants, in 2008 (Exited in August 2018) Fleet Management Operates one of the world's largest and youngest fleets of high specification bunkering tankers of diverse sizes and types, ranging from inland waterway barges to ocean-going offshore bunkering tankers Revenue is not pro forma for OBAST Bunkering and Trading GmbH acquisition announced 1/5/17; OBAST contributed revenue of ~$211 million in 2017; 2017 and LTM financials are unaudited2017 and LTM results are unaudited. Historical performance is subject to potential restatement following results of on-going internal investigation. ’15 – LTM CAGR12.6% ($ in mm) 4

Asset Overview by Geography; Strategic Global Network of Ports,Terminals, and Sales Teams StationTerminalOverhead/Offices Planned closure Aegean’s global reach enables the Company to meet customers’ strict fuel quality and delivery scheduling needs for mission-critical operations 5

Large Fleet Supported by a Global Network of Supply Hubs Asset base includes fleet of bunkering vessels alongside land-based storage facilities, enabling efficiency and high-quality service that the Company’s customers have relied on for decades KEY ASSETS VESSELS TERMINALS Fleet of 41 owned tankers, all constructed with double hulls except for a single hull special purpose vesselCentrally managed from Piraeus, GreeceAegean's fleet of bunkering tankers provides state-of-the-art physical delivery capabilities worldwideThe bunkering fleet consist of 37 oceangoing product tankers and 2 non self-propelled tank bargesThis provides Aegean with an on demand ability to deploy the vessels in any location where market conditions are favorableThe bunkering fleet has the capacity to carry and supply different grades of bunkers for the Network but at the same time can be selectively chartered out to third partiesAegean utilizes two floating storage facilities with a cargo capacity of approximately 125,000 MT dwt in areas where land terminals are generally not available Aegean utilizes land-based storage facilities in the U.S., Morocco, Canary Islands, Germany, and the United Arab EmiratesFujairah (owned):465,000 cu. of storageDesigned to store Class I, Class II, and Class III products fromnaphtha/gasoline to fuel oilFeatures 15 storage tanks and direct pipeline access to the Port of Fujairah’s common jetty manifold systemTanger Med (leased):Operates bunkering terminal composed of 7 tanks218,000 cu. of storageThree oil jetties to load and unload cargoes and bunker bargesAble to store products for the bunkering activity in the strait of Gibraltar and supply the inland marketLas Palmas (owned):63,000 cu. of owned storage consisting of 7 tanks47,600 m3 HSFO and 15,090 m3 MGOOn-site blending facilitiesJamaica (owned)25 acres in Harbour Head, KingstonPreviously developed as a fuel terminal for petroleum products by TexacoLocal licenses in-place permitting the loading and unloading of petroleum products Aegean conducts physical supply operations in multiple jurisdictions utilizing the worlds largest double-hull bunkering fleet Lefkas Andros 6

Corporate Timeline 2/22/2018Announced the Company entered into a definitive agreement to acquire H.E.C. for $367 million (including $200 million of accounts receivable) from Dimitris Melisanidis, members of his family, and members of the Agiostratitis family 8/9/2018Announced leadership appointments:Kostas Polydakis as COOJohn Mystakidis as interim CFOSal Drago as Director of Supply and Trading 10/31/2017Announced intention to exit Singapore market as a physical supplier 4/30/2018Files NT 20-F for 2017 and discloses the audited 2017 results will be delayed 7/5/2018MOU with Mercuria Energy Group announced 2017 June July Aug Sep Oct Nov Dec Jan Feb Mar Apr May 2018 5/2/2018Tyler Baron, Raymond Bartoszek, and Donald Moore are appointed as independent directors as part of a settlement with RBM Holdings LLC, in exchange for dismissal of shareholder litigation5/22/2018Announces appointment of Donald Moore as Chairman of the Board and comprehensive strategic and operational review; Audit Committee was re-composed of 3 new board members June July Aug Sep Jan Feb Mar Apr May 7/20/2017Announced Jonathan Mcilroy as president and Jean Jose Metey as VP and head of corporate development 4/17/2018Announced Pavlos Papageorgiou appointment as CFO 12/20/2017The Committee for Aegean Accountability was formed by Shah Capital LLC, Towle & Co, and RBM LLC, representing more than 12% ownership 6/4/2018$200 million receivables anticipated write-down announced 8/13/2018Reports special interest election on Convertible Notes8/21/2018Announced the Company and Mercuria executed letter agreement whereby Mercuria is sole trade facility lender and provides $30 million liquidity for 30% equity 3/7/2018Company reports Q4 2017 results including a net loss of $28.6 million and negative $8.8 million EBITDA3/27/2018Announced termination of H.E.C acquisition previously announced on 2/22/18 6/1/2017President E. Nikolas Tavlarios steps down and an interim leadership team is formed by Company’s senior management6/16/2017Announced Yiannis Papanicolaou as interim Chairman of the Board, effective immediately, succeeding Peter Georgiopoulos. Mr. Georgiopoulos and John Tavlarios have stepped down from the Board, effective immediatelyThe Company also announced that the Board has appointed Jean Jose ("JJ") Metey as interim President of Aegean, effective immediately Management changes Corporate events 7

On February 20, 2018, Aegean announced an agreement to acquire H.E.C. Europe Limited (“H.E.C.”) from Dimitris Melisanidis, members of his family, and members of the Agiostratitis familyLenders cap the availability of the borrowing base credit facilities in the midst of rising oil prices which pressures volumesOn June 4, 2018, the Company reported that approximately $200 million of trade receivables owed to the Company as of December 31, 2017 that were to anticipated be written off as they may have been “in full or in part, without economic substance and improperly accounted for” which further tightened trade credit and availability under the borrowing base facilitiesOn July 5, 2018, the Company entered into an MoU with Mercuria Energy Group for a $1 billion trade finance facility to replace the current lender group and provide incremental liquidityOn August 16, 2018, the Company and Mercuria announced (i) the closing of Mercuria’s takeout of Senior Secured trade facilities totaling $1 billion, (ii) the provision of $30 million of incremental liquidity, (iii) the issuance of a 30% equity stake to Mercuria, and (iv) the appointment of David Gallagher (Mercuria) to Board of DirectorsThe Company is still reliant on waivers from its lenders due its failure to file audited financial statements for 2017Lenders include Mercuria, HSH/ABBV (fleet lenders), and the UAB consortium (Fujairah terminal)Aegean is considering alternatives given depressed cash flow and limited available liquidity to address the upcoming 2018 Convertible Notes maturityThe investigation related to the trade receivables is ongoing and is expected to be finalized in the near term Current Situation 8

Current Situation (Cont’d) Recent revolving credit facility lender dynamics reflect the necessity for the Company to address its overall capital structure to maximize going-concern enterprise value Borrowing base/liquidity constraints Inability to fund inventory purchases Insufficient inventory on hand Unable to timely service the customers , leading to decreasing orders Lower volume, lower profitability, lower cash generation Rising oil prices decreases possible purchase volume using trade facility The Company failed to timely file its 2017 financial statements and on June 4th, disclosure of a likely impairment of ~$200mm in non-borrowing base accounts receivable Suppliers move from open credit to LCs or prepayment With an adequate liquidity injection to replenish inventories and fund the working capital cycle, the Company may return to generating positive cash flows over an extended runway Lenders reduce the trade facility cap as part of waiver negotiations A collaborative approach among the Company and its stakeholders may capturemeaningful upside by supporting the business as it recovers from its recent near-standstill in operational capacity 9 Increased Opex includes $25+mm of professional fees incurred during this distressed process

With rising oil prices limiting the quantity of supplies the Company could purchase and ever increasing restrictions imposed by the lenders on borrowing base availability, the Company faced significant challenges through much of this year until the consummation of the Mercuria transactionThe cash generated from the liquidation of the borrowing base was used to fund unabsorbed fixed costs and a significant professional fees burden required as part of the financial remediation efforts and as conditions of credit facility waivers This negative operating leverage feedback loop became increasingly pernicious as volumes fell furtherThe “equity” in the borrowing base (i.e. gross working capital accounts less borrowings drawn) declined throughout the year as the borrowing base was partially liquidated. This reduction in equity, adjusted for principal amortizations and cash proceeds from four inland barge sales, represents negative operational FCF generationOver the past 5 weeks, working capital accounts including “sleeved inventory” have expanded by roughly 15%As part of the agreement with Mercuria, liquidity has been enhanced by Mercuria holding inventory which Aegean sells to customers (“sleeved inventory”)Volumes have generally mirrored the borrowing base progression, with a trough in July and September month-to-date/projected volumes having roughly returned to June levels Year-to-Date Cash Burn and Need to Return to Steady State 10 ($ in millions) Borrowing base gross equity amount adjusted for asset sale proceeds and debt amortization Adjusted Implied Equity1 Drivers of liquidity Cash erosion significantly accelerated after the banks reduced the cap on the borrowing baseRecent upswing is the first sign of reversal following the Mercuria transaction Much of the improvement is due to increasing receivables made possible through bunker sales of sleeved product $63.8m of cash erosion from Dec ’17 up to Mercuria deal BBR limited to $444m BBR cap at $300m Mercuria Transaction Avg. of $113.6 Avg. of $87.3 Avg. of $51.1

The Mercuria transaction and incremental liquidity has started to reverse the decline and negative feedback loop, but the Company is still consuming capital and will continue to do so as it recoversBeyond the cost reduction measures currently in process at the Company there is still a need for incremental liquidity to rebuild the borrowing base to levels that accommodate the projected demand Liquidity Need 11

Following the events of this year, the Company has begun to stabilize the business with the assistance of incremental liquidity via the Mercuria transactionIn recent weeks, gross working capital accounts (including sleeved inventory) have increased by approximately 15% and September sales volumes have recovered to levels last realized in JuneThe Company has developed a bottom-up “stabilized” financial modelWhile the following pages include historical information, these figures are unaudited and should not be relied uponBaseline stabilized operating expenses were derived by annualizing Q1-18 trial balance operating expenses by location, adjusted for non-recurring items and realized / in-process cost reductionsIn addition, the Company conducted internal audits with station managers and accounting staff to develop granular station-level opex budgets. This analysis was compared with the adjusted trial balance data and variances were found to be insignificant, confirming the reasonableness of the baseline operating expensesBunkering net revenues are based on gross spread per MT and volume assumptions by station, with storage and fleet revenues based on lease rates per cubic meter and charter rates by vessel respectivelySubstantial cost reductions have been implemented / are in-processExit of Fujairah and Piraeus bunkering operations Closure of 4 sales offices (in-process)Storage cost savings in USCorporate overhead reductionsReconfiguration of Gibraltar and ARA fleetsWith renewed availability under the borrowing base facilities and incremental liquidity provided by Mercuria, the Company anticipates returning to substantially higher run-rate volumes than achieved in recent months, leveraging fixed costs and improving cash flow generation Stabilizing The Business – Key Assumptions 12

Stabilized Business Plan Overview – Bunkering 13 FINANCIAL OVERVIEW COMMENTARY Stabilized annual sales volumes are approximately 11.3 million MTsThis figure is based on Q1-18 annualized volumes of 12.1 million MTs adjusted for seasonality and other station specific factorsAssumed volumes and gross spread per MT by station drive gross profit The Company’s stabilized gross spread per ton of $18.3 is the weighted average across the station footprint based on Q1-18 and 2017 realized figuresStation level operating expenses are derived by annualizing Q1-18 figures and adjusting for non-recurring items and realized / in-process cost reductionsCorroborated by internal audit of stations Note: Historical performance is unaudited and subject to change upon results from ongoing internal investigation

Stabilized Business Plan Overview – Storage 14 FINANCIAL OVERVIEW COMMENTARY The Company’s storage revenues are derived from leasing / sub-leasing capacity totaling ~665k cubic meters at the Fujairah and Gibraltar facilities at prevailing rates per cubic meter Utilization assumptions are based on current and near-term expectations of capacity utilizationDirect terminal operating expenses were deducted to calculate EBITDA Note: Historical performance is unaudited and subject to change upon results from ongoing internal investigation

Stabilized Business Plan Overview – Chartered Out Fleet 15 FINANCIAL OVERVIEW COMMENTARY Fleet revenue reflects revenues earned by the Company for chartering out its fleet to third partiesThe Company currently charters out 14 vessels with an average daily rate of ~$5.8k Revenues are calculated as the daily rate times 365 daysAssociated operating expenses are annualized based on actual expenses in the Q1-18 trial balance detail to arrive at EBITDA Note: Historical performance is unaudited and subject to change upon results from ongoing internal investigation

Stabilized Business Plan Overview – Consolidated 16 FINANCIAL OVERVIEW COMMENTARY The Company’s stabilized sales volumes are approximately 11.3 million MTsThe Company’s stabilized gross spread per ton of $18.3 is the weighted average across the station footprint based on Q1-18 and 2017 realized figuresStation level operating expenses are derived by annualizing Q1-18 figures and adjusting for non-recurring items and realized / in-process cost reductionsCorroborated by internal audit of stationsOperating expenses reflect substantial cost reductions that have been implemented or are in-process:Exit of Fujairah and Piraeus bunkering operations Closure of 4 sales offices (in-process)Storage cost savings in USCorporate overhead reductionsReconfiguration of Gibraltar and ARA fleets Note: Historical performance is unaudited and subject to change upon results from ongoing internal investigation1. Differs from reported operating expense figures, reflects bridge gross profit and EBITDA as reported to be comparable to Stabilized case ($ in mm) 2017 LTM Q1-18 Stabilized Bunkering 210.2 Storage 11.3 Fleet 29.6 Gross Profit $290.3 $266.2 $251.2 Direct Operating Expenses (169.6) Corporate Operating Expenses (16.5) Total Operating Expenses 1 ($237.8) ($236.9) ($186.1) EBITDA $52.5 $29.3 $65.0 EBITDA Margin % of GP 18.1% 11.0% 25.9% Volumes (MT) 16,575 11,250 Gross Spread per MT $15.8 $18.3 Opex per MT 14.3 16.5

Borrowing Base as of October 2018 GLOBAL BORROWING BASE1 U.S. BORROWING BASE2 As of 10/31/18As of 10/31/18 (~$4.7 million) available liquidity 17 ~$22 million “equity” in BB (defined as gross working capital amounts less amounts drawn)

Third Party Fleet Appraisals & Other Assets 1 FLEET OVERVIEW Source: Latest available appraisals COMMENTARY The Company’s modern bunkering vessels are constructed with double hulls built between 2007 and 2012Individual appraised values range between $3-$6 million“Other vessels” consist of certain vessels built between 1982 and 2014Individual appraised values range between $0.3-$8 millionFleet appraisals were provided by well-known ship brokers and consultants and are as of June and July 2018Vessel debt balances are as of July 20, 2018Debt balances exclude an incremental $5 million provided by Mercuria against two vessels. An additional two vessels remain unencumberedImplied equity value in fleet ~$54 millionOther assets are Fujairah and Las Palmas storage facilities~$89.9mm of debt at the Fujairah entity 1 18

Appendix

Mercuria Schedule of Incremental Liquidity 20 Note: Historical financial detail is unaudited and subject to change upon results from ongoing internal investigation; as of 8/3/18

U.S. Working Capital Facility Interest Rates 21

Capital Structure 22 Note: All figures as of 7/20/18 unless otherwise notedAs of 10/31/18As of 10/31/18 As of 9/28/18As of 9/24/18 1, 2 ($ in millions)

Cumulative Cash Burn 23 ($ in millions) 12/31/17 1/15/18 1/31/18 2/15/18 2/28/18 3/14/18 3/30/18 4/13/18 4/27/18 5/16/18 6/1/18 6/15/18 6/29/18 7/13/18 8/1/18 8/15/18 8/31/18 Global Gross Borrowing Base $481.9 $541.9 $540.6 $531.8 $541.5 $493.0 $470.2 $460.2 $465.1 $420.9 $417.1 $428.9 $333.7 $290.6 $287.9 $260.1 $258.2 US Gross Borrowing Base 189.2 245.2 173.8 172.6 193.4 190.6 157.2 155.5 153.5 170.8 172.7 154.8 142.7 116.9 100.1 90.7 112.2 Less: Amounts Drawn (US and Global) (563.4) (635.1) (611.3) (599.4) (636.3) (589.1) (549.3) (536.5) (545.1) (503.6) (518.1) (520.5) (415.6) (359.7) (341.8) (315.8) (329.7) Implied Equity in Borrowing Base $107.6 $151.9 $103.0 $105.0 $98.6 $94.5 $78.1 $79.2 $73.5 $88.2 $71.6 $63.2 $60.8 $47.8 $46.2 $34.9 $40.7 Cumulative Asset Sales Proceeds $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 ($2.4) ($11.4) ($16.8) ($16.9) ($16.9) ($16.9) Cumulative Debt Amortization 0.0 0.5 1.1 1.9 8.5 8.7 10.0 15.2 15.4 16.6 17.5 17.7 17.9 24.5 24.9 25.7 26.8 Total Adjustments to Implied Equity $0.0 $0.5 $1.1 $1.9 $8.5 $8.7 $10.0 $15.2 $15.4 $16.6 $17.5 $15.4 $6.5 $7.7 $8.0 $8.8 $9.9 Adjusted Implied Equity $107.6 $152.5 $104.2 $106.9 $107.0 $103.2 $88.1 $94.5 $88.9 $104.8 $89.1 $78.6 $67.3 $55.5 $54.2 $43.8 $50.6 Cash Burn $44.9 ($48.3) $2.7 $0.1 ($3.8) ($15.1) $6.4 ($5.6) $15.9 ($15.7) ($10.5) ($11.3) ($11.8) ($1.3) ($10.4) $6.8 Cumulative Cash Burn 44.9 (3.5) (0.7) (0.6) (4.4) (19.5) (13.1) (18.7) (2.8) (18.6) (29.0) (40.3) (52.1) (53.5) (63.9) (57.0)

Organizational Chart 24 1, 2 AEGEAN MARINE PETROLEUMNETWORK INC AEGEAN INVESTMENTS S.A AEGEANHOLDINGS S.A AEGEAN MARINE PETROLEUM S.A AEGEAN BUNKERING SERVICES INC AMPN USA LLC AMPNI INVESTMENTS CO LIMITED AEGEANSHIPHOLDINGS INC B/0 2 B/0 1 B/0 2 B/0 1 AEGEAN OIL (USA) LLC AEGEAN BUNKERING(JAMAICA) LIMITED AEGEAN BUNKERINGMOROCCO SARL AU AEGEAN PETROLEUMURUGUAY S.A(10% AEGEAN TANKFARMSHOLDINGS S.A) PORTLANDBUNKERS INTERNATIONAL LTD AEGEAN OIL SERVICES(EGYPT) S.A.E(20% AEGEAN TANKFARMSHOLDINGS S.A10% VENUS HOLDINGS CO) AEGEAN BUNKERING(GIBRALTAR) LIMITED AEGEAN BUNKERINGMARINE SERVICES(PTY) LTD(26% - 3rd party) AEGEAN PETROLEO LTDA(10% Aegean TankfarmsHolding SA) WEST COAST FUELTRANSPORT LTD AEGEAN CARIBBEANHOLDINGS INC AEGEAN BUNKERING(HONG KONG) LTD AEGEAN BUNKERINGTRINIDAD LTD CARIBBEAN RENEWABLEENERGY SOURCES INC ICS PETROLEUM LTD ICS PETROLEUM(MONTREAL) LTD AEGEAN MARINEPETROLEUM LLC(51% 3RD PARTY) AEGEAN (FUJAIRAH)BUNKERING SA AEGEAN BUNKERING(SINGAPORE) PTE LTD AEGEAN BUNKERING(GHANA) LIMITED AEGEAN BUNKERING(PANAMA) SA AEGEAN PETROLEUMINTERNATIONAL INC(50% Aegean Marine Petroleum SA) B/0 4 B/0 1 B/0 3 AEGEAN PETROLEUMBD&M GMBH AEGEAN MANAGEMENTSERVICES MARITIME CO AEGEAN NWE N.V(15% AMPNI Investments Co Ltd) AEGEAN BUNKERINGCOMBUSTIBLESLAS PALMAS S.L. AEGEAN BUNKERING(USA) LLC AEGEAN BUNKERINGGERMANY GMBH AEGEAN BD&M NEVA(50% AMPNI Investment Co Ltd) OBAST BUNKERING &TRADING GMBH B/0 1 Branch Greece B/0 2 Branch Cyprus B/0 3 Branch Dubai B/0 4 Branch Fujairah AEGEANTANKFARMSHOLDINGS SA AEGEANTANKFARMSHOLDINGS SA 100% 100% 100% 90% 100% 70% 100% 74% 90% 100% 100% 100% 100% 100% 100% 100% 49% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 50% 100% 100% AMPNI HOLDINGSCO LIMITED Subsidiaries Vessel Owning & Agency Companies 85% 100% 100% 100% 50% 100%

Aegean Marine Petroleum Network (ANWWQ) Inactive 6-KCurrent report (foreign)