 He has criticised the existing methods of pricing of the Russian Export Blend Crude Oil (REBC) and became a vocal proponent of detachment of its price from BFOE (Brent, Forties, Oseberg, Ekofisk).Kuzmichev has proposed that REBCO should be traded on an internationally recognised commodity exchange to achieve fair and transparent pricing.Through the continued efforts of Kuzmichev, together with Expertica Group, a deliverable futures contract for REBCO was launched on NYMEX (New York Mercantile Exchange, now part of the CME Group) in 2006, followed by a financially settled futures contract in 2008.