ETMA — Master Framework
The overarching contractual framework governing the transaction management relationship, roles, responsibilities and general terms.
Transaction Agreement (TA)
A transaction-specific agreement issued under the ETMA defining the applicable product, quantity, commercial terms, transaction references, fees and execution requirements.
Due Diligence & Risk Verification
Coordinating counterparty due diligence, transaction verification and risk assessment to identify and address material commercial, operational and compliance risks before and throughout execution.
Negotiation & Transaction Management
Managing commercial negotiations, transaction meetings, counterparty communications, agreed actions and decision follow-up throughout the transaction lifecycle.
Full-Cycle Transaction Management
Each transaction is managed and coordinated through the agreed framework from initial engagement and verification through documentation, logistics, banking, execution and successful completion, including execution oversight, issue resolution, action follow-up and and on-site representation at terminals, tank farms and other relevant transaction locations where required.