February 13, 2024 BY Elizabeth Anderson

Vitol broadening its Mediterranean horizons with a controlling stake in Saras

Saras’s Sardinia industrial facility is the largest single-site refinery in the Mediterranean. It produces approximately 300,000 barrels per day to feed supply chains in Italy and Europe. The site’s fully integrated power generation plant supplies more than 40% of Sardinia’s electricity.   Bloomberg indicated that Vitol increased its bottom lines as the COVID-19 pandemic and Ukraine…

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