a) XYZ Company is an oil and gas company, operating in Southeast Asia. The management decided to expand its commodity-based business to countries in Asia and Europe. i) State TWO (2) types of risk may be faced by the company. ii) Describe the techniques that can be used to manage the types of risks stated in part (i). i) State TWO (2) types of risk may be faced by the company.

ii) Describe the techniques that can be used to manage the types of risks stated in part (i).