Brokers are a resilient part of the supply chain in the Oil & Gas industry,and REM partially relies on them in its growth strategy. They provide access to supply and demand, helping to expand our business and enabling us to offer better service to our buyers at all levels.
The legal framework we establish for each of these stakeholders is under the rules of the International Chamberof Commerce, through a Business Partnership Agreement.
These agreements are used in the financial/banking system to ensure the necessary compliance of each financial transaction/payment that needs to be executed,especially NCNDA (Non- Disclosure and Non-Circumvention Agreement) and IMFPA (Irrevocable Master Fee Protection Agreement).