The Vitol Group confirmed today that Varo Energy Holding S.A., a joint venture between the Vitol Group and AtlasInvest, safely accomplished the final phase of restarting its recently purchased refinery in Cressier, Switzerland. With a number of investments made following the acquisition, conditions are now met to fully resume refining and corresponding marketing operations with safety as the key priority, the Group confirmed.

For additional information please contact:

Cohn & Wolfe
Fabian Gmuender
+41 22 908 4074
fabian.gmuender@cohnwolfe.com