Vitol joins Australia’s Rialto at West Africa blocks

摘要

Cape Town—Australia-based Rialto has signed a deal securing Vitol, the world’s largest independent energy trader, as a partner for its upstream operations in Cote d’Ivoire and Ghana. Vitol is to take a 20% interest in Rialto’s Ghana unit in exchange for providing a facility to cover Rialto’s $7.7 million obligations for the drilling of the Starfish-1 well in the Accra block in June 2013.