Jozsef Lebovics

- Business development supporting the company's expansion strategy into crude oil and oil product markets; - Developed a crude oil market and refinery margin monitoring model to gauge profitability of refining capacity and storage rental. Started related negotiations with refiners in the Med; - Developed control on risk exposure in cooperation with risk management desk to hedge physical positions on crude oil and products; - Introduced a wide range of new counterparts, trained product trader colleagues.

- Crude oil supply to the Group based on its demand, contribute to crude selection via reliable market analysis; - Product sales from the Group refineries executing sales plans; - Third party deals, which led to term contract between the Group and the customers; - Inreased P&L by 10% by developing consistent price risk control on physical positions in co-operation with Derivative Desk; - Contribute to business process re-design by mapping and re-structuring supply, trading and optimization processes.

- Successfully coordinated crude oil supply, trading, operations, scheduling and crude oil selection related tasks; - Based on refinery demand negotiated and concluded spot supply contracts in coordination with senior traders, fully executing them; - Chartered vessels, followed up contracts, coordinated credit & finance, managed claims; - Decreased demurrage to 30% from 2008 to 2009 and kept it low since that; - Ensured price risk was under control in coordination with Derivative desk.

- Trading operations of inland crude oil supply via Friendship pipeline to MOL Group refineries from Russia; liaise with Transneft and Russian Ministry of Energy; - Seaborne crude oil supply operations (alternative crude oil supply from Med and Bsea via Omisalj and Adria pipeline).

REA Plekhanov scholarship with full coverage of academic expenses

Hungarian Government scholarship with full coverage of academic and living expenses