Vitol Supports New Bunkering Operation in Nigerian Waters

by Ship & Bunker News Team
Friday March 4, 2016

International oil trader Vitol Group (Vitol) Thursday announced that it is supporting one of its partners, shipping and logistics firm PPP FM Bunkers (PPPFM), in a new bunkering operation in Nigerian waters.

The operation is also said to be receiving support from Secure Anchorage Area (SAA) West Africa.

"Fully licensed by the Department of Petroleum Resources, PPPFM entered into an agreement with Vitol to be able to guarantee clients the best quality bunker fuels in the West African region," explained Vitol in the announcement.

Bunkers are said to be supplied to clients by PPPFM's bunkering vessels, and it is noted that all operations are protected by the SAA team.

In October, Vitol announced that it had chartered five older tankers for longer-term floating storage.