(EnergyAsia, February 24, Tuesday) — Swiss-based Vitol Group, one of the world’s largest physical oil trading conglomerates, earlier this month announced that it has divested its 10% stake in Vopak Horizon Fujairah Ltd (VHFL) which owns a 1.5-million-cubic metre oil storage facility in Fujairah, UAE. Vitol said it realised an “attractive return” from the sale…
DUBAI: Vitol sells Fujairah storage stake to focus on refinery
Posted on February 23, 2009 by EnergyAsia