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29-06-2012

Varo Energy Holding completes purchase of the assets of Petroplus Refining Cressier

The Vitol Group confirmed today that Varo Energy Holding S.A., a joint venture between the Vitol Group and AtlasInvest, has completed the purchase of the assets of Petroplus Refining Cressier S.A. and the related Swiss marketing and logistics assets.

These assets include Petroplus Tankstorage AG, Oléoduc du Jura Neuchâtelois S.A. and Société Française du Pipeline du Jura. Varo Energy Holding S.A. plans to restart the refinery and continue refining and marketing operations in the second half of July.

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