Key to our success is our Extensive Risk Management Culture.
TET FZCO management team comprises of seasoned business owners in the Oil & Gas industry and we have leveraged our collective knowledge to promote our trade interests.
At TET, we go above and beyond to meet and exceed customer expectations everyday and we are driven to simplifying trade transactions without compromises.
Our firm adheres to strict regulatory compliance in every country we conduct business in, and we follow strong business protocols that conform to the International Chamber of Commerce rules and regulation for the responsible trade of our products.
TET GMC FZCO financial and operational risks associated with transporting commodities in significant volumes around the world.
We aim to perform in all aspects of the risk management spectrum. We continue to invest in our infrastructure. Our human capital is engrained with a corporate culture stressing the values of accountability, responsibility and communication at all levels of the organization.
Risk management business functions are segregated and independent from front office operations. Risks are reported to the highest level of the company management. We utilize a wide range of techniques and metrics at the corporate, portfolio and trading level. Our robust control process covers the entire life cycle of risk from inception to settlement.
Our ability to benchmark and understand transactional risk as it relates to the Fair Market Value of products is one of our strengths.
Credit risk is meticulously managed by our Credit Department, providing a vital link between corporate risk management functions and the front office trading units. The department provides necessary checks and balances to facilitate new trading opportunities while also mitigating our ongoing counterparty, sector and country credit risks.
We apply extraordinary attention to detail in ensuring the operational suitability of the vessels, barges, trailers and wagons that we use to transport commodities. Shipping, cargo management, loading and unloading is overseen by dedicated experts together with independent inspection companies. Products in storage and the storage assets themselves are continuously monitored.
We aim to consistently reach the highest standards with regard to our safety, health, environment and quality activities, and maintain these standards wherever we operate.
