31st December 2009
Mombasa Oil Terminal, Kenya
Location:
Following a competitive tender and evaluation process, Vitol Kenya Ltd confirmed today that it had been awarded the right to purchase a half built products storage terminal in Kipevu, Mombasa, Kenya. When fully operational, the terminal will have 65,000 m3 of storage available for clean products and will be one of the largest and most modern oil facilities in East Africa.
Mr Ian Taylor, Chief Executive of the Vitol Group, speaking about the award, said “We are pleased with the outcome of this bid process and we look forward to completing the terminal, for the benefit of consumers in Kenya and neighbouring countries, as well as for our customers. The Vitol Group already has a strong portfolio of oil storage terminals and the Mombasa Oil terminal is a welcome addition.”
News Archive:
22nd July 2010
VTTI
VTTI announces plan to build a new oil product terminal and make Cyprus a major regional oil trading hub
State-of-the-art new terminal facility to be built at Vassiliko; opening in 2012
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5th July 2010
ETT, Rotterdam
VTTI agrees the sale of a 10% stake of its Rotterdam terminal to SK Energy International
Today Vitol Tank Terminals International (VTTI) announced that it had sold 10% of an economic interest in its Rotterdam, Europoort terminal, Euro Tank Terminal BV (ETT), in the Netherlands, to SK Energy International, a 100% subsidiary of SK Energy, based in Singapore.
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27th May 2010
ETT, Rotterdam
VTTI announces further expansion plans at its Rotterdam terminal
Today Vitol Tank Terminals International (VTTI) announced that it had acquired additional, adjoining land and facilities at its Rotterdam Europoort terminal, Euro Tank Terminal BV, in the Netherlands.
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17th May 2010
VTTI
MISC Acquires 50% of VTTI B.V.
Leading international shipping line, MISC Berhad (“MISC”), and one of the world’s largest independent energy trading companies, the Vitol Group (“Vitol”), today signed a Sale and Purchase Agreement via their respective subsidiaries whereby MISC’s wholly owned subsidiary, MTTI Sdn Bhd (“MTTI”), acquires 50% of the shares in VTTI B.V. (“VTTI”), currently a wholly-owned subsidiary of Vitol, for a price of US$735 million, subject to price adjustment.
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29th April 2010
Seaport Canaveral, USA
Vitol Opens Florida Terminal to Increase Oil Product Supply for the U.S. Market
The Vitol Group today announced the opening of the Seaport Canaveral Terminal on the east coast of Florida. The state-of-the-art terminal, built at a cost of around $130million, will deliver an independent supply of petroleum products to the state, create new jobs, and provide an important boost to the state’s economy. It sits on 36 acres and is 60 miles from Orlando.
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2nd March 2010
Navgas, Nigeria
First gas delivered to new world class LPG terminal in Nigeria
Vitol today announced that the first shipment of LPG has been safely delivered to the brand new Navgas LPG terminal, in the port of Lagos.
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12th January 2010
ATPC, Antwerp
Vitol completes acquisition of Antwerp refining facilities from Petroplus
Vitol Tank Terminals B. V. (“VTTI”) and its wholly owned subsidiary Eurotank Belgium B.V., part of the Vitol Group of companies (“Vitol”) today announced that it had completed the acquisition of the 100% interest in Petroplus Refining Antwerp N.V. and Petroplus Refining Antwerp Bitumen N.V. (the “Facilities”) that was previously owned by Universal Holding B.V. and Petroplus International B.V., subsidiaries of Petroplus Holding A.G.
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31st December 2009
Multiple Locations
Mombasa Oil Terminal, Kenya
Following a competitive tender and evaluation process, Vitol Kenya Ltd confirmed today that it had been awarded the right to purchase a half built products storage terminal in Kipevu, Mombasa, Kenya. When fully operational, the terminal will have 65,000 m3 of storage available for clean products and will be one of the largest and most modern oil facilities in East Africa.
Read story
