Neftesnab LLC is one of the Russian largest independent oil and gas trader and one of the largest independent trader in the non-ferrous concentrates market. Neftesnab LLC work strictly and directly with top refineries and huge oil and gas producing , distributing and exporting companies in Russian federation and Neftesnab LLC handles every element involved in the distributing, sourcing, exporting , selling and trading of crude oil, petroleum products such as D2 gas oil, Mazut M100, jet fuel, fuel oil, gasoline, bitumen, sulphur, fertilizer and renewable energies, metals, metal ores, coal and concentrate for industrial consumers. In the oil sector Neftesnab LLC has access to more than 35 million barrels of storage facilities, through the top refineries in Russian federation. Neftesnab LLC work effectively in Coal business and we are fast becoming one of the world-class suppliers of thermal coal, coking coal and coke products to the global marketplace. Neftesnab LLC also trades in major commodities like fertilizer products, scrap metals, timber and wood products Capitalizing on resource trading and investment expertise, Neftesnab LLC has also diversified into asset management through the investment in development of offshore hedge funds. Neftesnab LLC cooperates with oil and gas terminal owners under the exporting and selling network and through long-term lease agreements with third party oil storage facilities in over 85 locations in Russian Federation. We also time charter in excess of 50 vessels worldwide. In the metals and minerals sector, Neftesnab LLC currently work directly with owners and operators of oil and gas concentrated storage facilities in Russia and most of CIS countries . Additionally, Neftesnab LLC has also invested in mining business and we also have investment activities incorporating projects in several regions in Russian Federation, and we are significant stakeholder in various publicly listed mining entities. Neftesnab LLC in recent years partake in off-take of crude oil business from small and major Refineries and manage the barrels trading, storing, financing and supplying them to our counterparties all over the world. Neftesnab LLC physical availabilities continue to expand and diversify. In the year 2011 Neftesnab LLC sold on average around 1 million bbls of crude oil per week, whereas in 2012 the number increased to 2 million bbls per week. REBCO originating from Russia represents less than 40% of our flows. Neftesnab LLC search for more trading opportunities mainly in Asia, Africa, the Middle East and the Americas, and the portion of volumes originating from those areas increases year by year. Neftesnab LLC benefits from the flexibility of having access to more than 10 million barrels storage capacity located in different key areas such as Siberia, Novorossiysk, Saint Petersburg, Vladivostok, and other regions in Russia. Our strategic storage tank farm in Russia complemented with our throughput capacity to pump barrels from the Russian pipeline and ESPO gives us flexibility not only to take advantage of arbitrage opportunities, but also provides logistical optionality to place different crude grades into various markets. It also enhances partnerships for local refiners and freight owners. Crude oil professionals in our offices all around the Russian Regions, providing efficiency, first-hand knowledge and expertise, maintain fruitful and long lasting relations with key market participants - producers, refiners, logistics companies and storage experts, as well as get involved in key development projects related to existing and brand new crude oil flows.