Vitol in joint bid to secure RBCT export entitlement

摘要

Vitol confirmed it has, along with Burgh Group Holdings, agreedto purchase a share in the Richards Bay Coal Terminal (RBCT)from the Tegeta Group.A Vitol statement said it plans to acquire Optimum CoalTerminal (OCT) for “an undisclosed sum, subject to the relevantregulatory approvals and other conditions precedent”.