2nd March 2010
First gas delivered to new world class LPG terminal in Nigeria
Location:
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. The terminal is owned 50% by Vitol and 50% by Nidogas, its local partner and comprises two LPG spheres with a total capacity of 16,000 cbm.. The spheres and the loading racks will provide LPG for the large, growing Nigerian domestic market, providing safer and cleaner energy to replace more traditional energy sources such as wood and kerosene.
Access to the terminal is via a single jetty, with a maximum draft of 11.5 metres.
Rob Nijst, CEO of Vitol Tank terminals International (VTTI), said “Today is a really important day for consumers in Nigeria and for Navgas. We will now be able to make available cleaner energy, in the form of LPG, to domestic consumers and replace more labour intensive and dirtier fuels. Navgas is a state of the art facility, incorporating all the latest design features, to ensure the safe reception and delivery of LPG. We are delighted to be able to serve our Nigerian customers from this new facility. Navgas is a great addition to the growing worldwide portfolio of VTTI”
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.
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