Mercuria Communications – AsiaNet-Pakistan

November 2, 2012

Mercuria-Announcement of New Senior Executive

GENEVA, SWITZERLAND–(Marketwire – November 2, 2012) – Mercuria Energy Group Ltd (“Mercuria”) is pleased to announce that Roger Jones has joined the company in the capacity of Global Head of Non-Oil Trading and a member of the company board.

In this new role, Roger will be responsible for the worldwide trading activities in Power and Gas, LNG, Base Metals, Carbon Emissions, Agricultural Products and Global Equities.

Roger”s career spans more than 25 years in the commodity trading business and he will add a wealth of expertise and experience to the Mercuria management team. After starting his career at Cargill, Roger also worked at Phibro before becoming Head of Energy Trading at Deutsche Bank.

Roger joins from Barclays where, in his role as Global Head of Commodities, he was responsible for leading a globally diverse commodity business. He brings to Mercuria outstanding cross commodity trading management expertise and he will be instrumental in Mercuria”s continued development and future growth in the non-oil markets.

About Mercuria Energy

Mercuria is an international group of companies active over a wide spectrum of energy & commodity markets including crude oil and refined petroleum products, natural gas (including LNG), power, coal, base metals, biodiesel, and carbon emissions.

It is one of the world”s top five largest independent energy traders. In 2011 Mercuria had sales in excess of $75 billion and operates from over 30 offices worldwide.

In addition to its trading core, Mercuria owns up-stream and mid-stream assets ranging from oil reserves to infrastructure and storage terminals. It also has substantial investments in the upstream coal sector.

Contact Information

Press Contacts:
Mercuria Communications
Sophie Caverzasio
+41 22 595 88 55
scaverzasio@mercuria.com

October 31, 2012

Mercuria Announces a New USD 700,000,000 Uncommitted Secured Borrowing Base Financing

GENEVA–(Marketwire – October 30, 2012) – Mercuria Energy Trading S.A. (“Mercuria” or the “Company”) is pleased to announce the successful closing of its USD 700,000,000 uncommitted secured 18 months Borrowing Base Financing (the “Facility”). ING Bank N.V. acted as Sole Coordinator. The Bank of Tokyo – Mitsubishi UFJ joined as Bookrunning Mandated Lead Arranger while Deutsche Bank, HSBC, Rabobank International, and UBS joined as Mandated Lead Arrangers in general syndication.

The Facility is used for financing the Company’s working capital needs in respect of its European inventory and receivables as well as the refinancing of existing bilateral credit facilities. This borrowing base facility is Mercuria’s first syndicated uncommitted secured revolving credit facility in Europe.

According to Richard Evrard, Global Head of Trade Finance & Structured Trade Finance at Mercuria, the implementation of this Borrowing Base is a great success considering the complexity of its geographical reach: seven European countries and eight storage locations. “The new syndicated financial structure is competitively priced and allows Mercuria to anticipate increased volumes at higher market prices. We are next considering enlarging the scope of this Borrowing Base to additional European countries and new commodities, with the support of new Lenders.”

About Mercuria Energy

Mercuria is an international group of companies and one of the top five companies globally trading a wide spectrum of energy & commodity markets including crude oil and refined petroleum products, natural gas (including LNG), power, coal, base metals, biodiesel, and carbon emissions. In 2011, Mercuria had sales of over $75 billion and has over 30 offices worldwide. In addition to its trading core, Mercuria owns up-stream and mid-stream assets ranging from oil reserves to infrastructure and storage terminals. It also has substantial investments in the upstream coal sector.

Contacts:
Press Contacts:
Mercuria Communications
Sophie Caverzasio
+41 22 595 88 55

October 19, 2012

Mercuria Advances Asian Hard Commodities Strategy

GENEVA, SWITZERLAND–(Marketwire – October 19, 2012) – Mercuria Energy Group Ltd (“Mercuria”) is pleased to announce the appointment of Mr. Marcus Lyu as Head of Hard Commodities Trading for Asia. Mr. Lyu joins from Noble Resources.

The establishment of the Hard Commodities team in Mercuria will bring together trading and risk management activities across Thermal Coal, Coking Coal & Coke, Iron Ore and Steel.

Mr. Lyu will be joined by the new Deputy Head of the Hard Commodities group Mr. Wei Jin who will also continue in his role as Thermal Coal trader. In a further new appointment, designed to reinforce and grow Mercuria”s existing Iron Ore trading activities, a new Head of Iron Ore trading is announced as Mr. Tom (Zongchao) Qi. Tom joins Mercuria from MRI trading AG.

The new Hard Commodities team, located in Beijing, will mainly concentrate on trading flows into China and complement all of Mercuria”s activities in the Asian region. To support the Hard Commodities trading team, a Marketing Division has also been created and will be headed by Mercuria staff, Angela Yijia Li.

Commenting on this new strategy, Mr. Jin Han, President of Mercuria Asia Group Holding Pte Ltd., said “Our intention is to continue to grow our footprint in Hard Commodities across Asia with emphasis on the China market. This new approach to our business is designed to have the greatest benefit in terms of service for our customers, by bringing together a number of related trading and investment activities. We are consolidating all these activities under the leadership of Marcus Lyu.”

Press Contact:
Mercuria Communications
Sophie Caverzasio
+41 22 595 88 55
scaverzasio@mercuria.com
www.mercuria.com

July 17, 2012July 17, 2012

Mercuria Grows Its Global Metals Trading Business

GENEVA, SWITZERLAND — Marketwire – AsiaNet Pakistan July 17, 2012 – Mercuria Energy (“Mercuria”, “the Group”) grows its global metals trading business.

Following a recent announcement that Mercuria has advanced into metal trading, the Group is pleased to confirm that James Jian WU will be leading Mercuria’s Chinese metals trading business based in Shanghai – Mercuria (China) Metal Resources Co. Ltd. – in his capacity as Managing Director and Head of Global Metal Physical Trading.

Jian will be joined by his deputy and China CFO, Jin GUO who also recently arrived at Mercuria. The Shanghai trading team also includes: Jianheng LUO, Derivatives, Hongjan WANG, Zinc, Lead & Precious metal trading, and Lizhong LI, Nickel trading.

The Shanghai team will work in close collaboration with Mercuria’s new metal trading business based in London, headed up by Liam Brown and Ben Green who recently joined from Goldman Sachs.