Combine all the ingredients in a saucepan.
2 Tbsp tomato paste, 1 Tbsp white vinegar, 1 Tbsp soy sauce, 1 tsp Worcestershire sauce, 1 dash hot Tabasco sauce, 1 Tbsp honey, 1 Tbsp dark brown sugar, 1 Tbsp molasses, 1 tsp mustard powder, 1 tsp garlic powder, 1 tsp onion powder, 1 tsp salt, 1 tsp mixed herbs, ½ cup water