ADNOC acquires stake in owner of storage terminals in 14 countries world-wide

ADNOC acquires stake in owner of storage terminals in 14 countries world-wide
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15.08.2019

MOSCOW (MRC) --В The Abu Dhabi National Oil Company (ADNOC) announced a strategic investment in global storage terminal owner and operator VTTI BV (VTTI), said Hydrocarbonprocessing.As part of this agreement, ADNOC will acquire a 10% equity stake in VTTI. Following the transaction, VTTI will be owned 10% by ADNOC, 45% by IFM Global Infrastructure Fund (IFM GIF), an investment vehicle mana

Full article at mrcplast.com

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