Sep. 24, 2009 (PR Newswire) --

PIRAEUS, Greece, Sept. 24 /PRNewswire-FirstCall/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced it has signed a new $50 million senior secured revolving credit facility, guarantee, and letter of credit with National Bank of Greece, the largest commercial bank in Greece. Aegean now has access to a total of $340 million in senior secured revolving credit facilities. The new $50 million facility has a term of one year and can be renewed on each anniversary upon the Company's request and the lender's approval.

E. Nikolas Tavlarios, President, commented, "We are pleased to once again secure a credit facility and strengthen our considerable financial flexibility during a credit market that remains challenging. By signing this new $50 million facility, we have diversified our funding sources, expanded our banking relationships and further strengthened our working capital, a key differentiator of the Company. With credit facilities totalling $340 million, we remain in a strong position to continue to take advantage of the worldwide demand for our comprehensive marine fuel services. We intend to continue to actively look for opportunities to both grow our existing markets and enter into new markets as we seek to further increase sales volumes."

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 14 markets, including Vancouver, Montreal, Mexico, Jamaica, Trinidad and Tobago, West Africa, Gibraltar, U.K., Northern Europe, Piraeus, Patras, the United Arab Emirates, Singapore as well as Tangiers, Morocco.

Cautionary Statement Regarding Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation.