Health, Safety & Environment/Responsibility
Implementing Major Technological-Modernization
The functioning of the refinery is associated with increased requirements for industrial fire safety of production, as well as labor protection. Implementation of organizational and technical measures aimed at prevention of emergency situations, reduction of consequences and preparedness for their localization allows to limit the level of risk both for employees of WARMERDAM STORAGE and for the population within acceptable limits.

Environmental Management System Policy
At WARMERDAM STORAGE, the environmental department in the sphere of environmental monitoring has been to carry out quantitative and qualitative monitoring of harmful wastes in gaseous, liquid and solid forms emitted to the atmosphere as a result of natural and anthropogenic impacts at enterprises and companies subordinated to WARMERDAM STORAGE, on scientific grounds with the purpose of assessing and forecasting the conditions of air, water and soil environment, implementing regular control and research system defining their chemical content, degree of contamination, radioactive and hydro-biological features and physical characteristics. In the area of health, safety and environment, WARMERDAM STORAGE is guided by the requirements set forth in the international law.

Productivity And Safety
We are committed to providing services that meet our customers ‘ needs and expectations for quality, productivity and safety, while fostering a business culture that educates, develops and encourages our people to continuously improve all aspects of our operations. Health, safety and environment (HSE) is implemented at all levels of our business and integrated into our quality assurance system; new employees get a complete picture of WARMERDAM STORAGE as soon as they start their work. All information about the company is archived electronically. Unwanted incidents and deviations from the procedure are logged on our intranet using web-enabled mobile devices.

Corporate Responsibility
WARMERDAM STORAGE is committed to acting responsibly, aiming to make a positive impact beyond everyday trading. Supporting the local community wherever possible is a key part of this belief. Our involvement in the area of corporate responsibility is wide and varied. We support the arts, education and healthcare. Please see below for further information on our sponsorship programmes. The Company aims to protect the environment, health and safety of the local communities and employees working at its facilities against industrial safety risks – all this calls for effective systematic HSE management, including fire and well control safety, safe operation of transport vehicles, accident management, emergency prevention and response using the most advanced management techniques. This is achieved through the HSE Integrated Management System, which is a part of the general management system of the Company.

Risk Management
WARMERDAM STORAGE operates in all risk management tools, including the futures market, over the counter swaps and a range of other derivatives. We bring high standards of risk management and operational excellence to our customers while maintaining sophisticated systems, processes and controls.
Financial, operational and market risks are an integral element of commodities trading and physical supply. They cannot be wholly avoided, but can be planned for and managed. We take a comprehensive approach to hedging and marketing to help our clients achieve their goals and objectives.

Financial Overview
Our in-depth expertise, combined with our extensive credit lines and our own strong financial condition, allows us to offer a variety of transactional structures. This also gives us the financial transparency and security we require. We engage with all the major trade financing banks.
Our liquid capital structure enables us to provide our clients the working capital they require by extending payment terms using a variety of methods. We are also able to provide pre-export financing to our crude oil and petroleum products producers.