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The region of
neighboring states of Caspian Sea |
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The routes of crude oil imports in Caspian Sea
region |
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| MANPOWER: |
| STS is capable of providing highly qualified labor force in relation to oil swap business. Given today’s economic climate, companies are looking at ways to reduce permanent headcount and payroll and that’s where we come in! Teams of highly qualified professionals can be put together at short notice to fulfill any project requirements.
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| SIGNIFICANCE OF OUR BUSINESS: |
| The strategic location of Iran that connects Caspian Sea to The Persian Gulf is naturally the best option for the countries on the Northern Border of Iran to transfer their oil production to the world market through Iranian soil. |
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| As, Neka- Jask is the fastest and the most efficient way to transfer Crude Oil and any other oil's byproducts, it's speculated that overtime the demand for swapping commodities specifically crude oil and gas by those countries across The Caspian Sea will be risen. As, Hussein Noghrekar-Shirazi an oil experts in 2008 estimated that Iran has the capacity to swap 150,000 bpd. |
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| WHAT DOES SWAP MEAN IN OUR BUSINESS? |
| In commodities, crude oil swap is an exchange of a commodity that is about to ship or transfer from Northern part of Iran to the southern part of Iran. This transfer is not an actual transfer, but in fact is a right or obligation that an Iranian counterpart is received by a country at the coast of the Caspian Sea to sell their commodity in the South of Iran under the name of the beneficiary country and under tight regulations. The Iranian Counterpart is going to receive a fixed or floating swap fee under mutual agreements. |
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| OUR COMMITMENT: |
| STS has set high standards for compliance and integrity. Our corporate culture is based on the core values observable below. |
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| CORE VALUES |
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| Integrity |
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| Do the right things every time, ethically and honestly. |
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| Positive Relationship: |
| Embrace respect for the individual, promote teamwork, and open communication and win-win relationships. |
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| Stewardship: |
| Provide sound project execution and cost-effective solutions while operating in an environmentally responsible manner. |
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| Community Involvement: |
| Support the community where we operate in. |
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| Deliver the Best: |
| Dedicated to doing the best of everything we do while stretching our capabilities. |
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| Our Success is based on Two Primary Fundamentals |
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| Our employees end each day with self-satisfaction and with a sense of pride, contribution and teamwork; |
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| Our business counterparts benefit from doing business with us; |
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| Diversity: |
| Diversity at STS is about inclusiveness providing an atmosphere where everyone feels valued and empowered to perform at a peak level, regardless of the many ways people are different, including but not limited to age, race, gender, family history or physical ability. |
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| CORPORATE GOVERNANCE: |
| The Board of Directors sets high standards for the Company's employees, officers and directors. Implicit in this philosophy is the importance of sound corporate governance. It is the duty of the Board of Directors to serve as a prudent fiduciary for stockholders and to oversee the management of the Company's business. To fulfill its responsibilities and to discharge its duty, the Board of Directors follows the procedures and standards that are set forth in these guidelines. These guidelines are subject to modification from time to time as the Board of Directors deems appropriate in the best interests of the Company or as required by applicable laws and regulations.) |
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