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STO, Vitol Group Sign Agreement on Ihavandhippolhu International Bunkering Hub Project

STO signed a term sheet agreement with Vitol Group on 13 March 2024 to establish an international bunkering facility in Ihavandhippolhu Atoll, part of the Maldives Economic Gateway Project. The agreement covers fuel supply arrangements, with STO as the physical bunker supplier and Vitol responsible for ensuring fuel supply and promoting the Maldives as a bunkering hub.

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Sources 1carried it 1 of 19 news outlets we monitor
Figures2as written, with their sentences

One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

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Figures in these reports

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  • 40 locations worldwide locations where Vitol has a presence Maldives Republic Vitol, a global leader in the energy business with a presence in 40 locations worldwide

    Word for word from the report in Maldives Republic. Open the report

  • 12 million metric tonnes annual crude oil sales as bunker fuel Maldives Republic annually sells 12 million metric tonnes of crude oil as bunker fuel.

    Word for word from the report in Maldives Republic. Open the report

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