Our word is our bond, and we have a 25-year record of performance that proves it. Naturally, we also have a network of long-term trading partners spanning the globe.
Delta is a consistently reliable partner in a business where players can appear and disappear overnight.
Our operations are backed by significant assets and unique strategic advantages, including storage facilities in Turkey (Mediterranean) and Georgia (Black Sea-Caspian) that put us in a position both to acquire and hold stock, ensuring constant supply and enabling flexibility. Coupled with long-standing ties to Tupras - Turkey, Iraq's State Oil Marketing Organization (SOMO), Azerbaijan's State Oil Company (SOCAR), NIOC (Iran) and TOR (Turkmenistan) this creates synergies and competitive advantages that position us favorably, both regionally and globally.
However, success in petroleum trading requires more than reliable sources of supply and storage facilities. Ethics, trust and willingness to take well-calculated risks are the hallmarks of successful trading. These qualities are central to the Delta Petroleum trading philosophy. Delta's traders are experienced professionals with the technology and contacts it takes to keep their fingers on the pulse of the international petroleum markets. Our counterparts are world leaders in petroleum trading, and our activities span a considerable portion of the globe.
Trading partners all over the world count on Delta for our unrivaled regional knowledge and ability to deliver superior deals on time and as specified. We are able to do so because of our access to supplies and suppliers in markets others can hardly reach. Moreover, Delta has long-standing relationships with top financial institutions. Our relationship with BNP Paribas, our primary banking partner, stretches back 20 years.
Long-term relationships ensure access to trade financing lines and allow us to conduct sophisticated operations even in emerging markets. Petroleum trading is a fast-moving business, and our trading team has the speed to set the pace. Responding to market changes, they design source allocations, back-to-back deals, joint-venture structures and partnerships that benefit both our trading operations and our counterparts.
