Media
29.11.2018
General |
Vitol and Petronas announce binding Heads of Agreement for long-term LNG SPA
PETRONAS through its subsidiary, PETRONAS LNG Ltd (PLL) and Vitol Asia Pte Ltd (Vitol) announced the signing of binding Heads of Agreement (HOA) for long-term liquefied natural gas (LNG) sale and purchase (SPA) agreement. Under the terms of the agreement signed on 1 October 2018, the LNG supply to Vitol commencing […]
09.10.2018
General |
Vitol response to CoRDiS decision
Vitol rejects the findings of the CoRDiS, CRE’s disciplinary tribunal, and will be appealing. Vitol maintains that its trading strategies were appropriate to physical energy markets and in accordance with the applicable market regulations, as confirmed by expert evidence. Moreover, Vitol believes that CRE did not follow due process and, […]