(Bloomberg) -- Vitol Group, a closely held, Netherlands-based commodities trader, is in negotiations to buy an oil processing unit from United Arab Emirates-based Fujairah Refinery Co., said Siavash Ali Shaboo, the facility's manager.
Vitol is considering purchasing Fujairah's 80,000 barrel-a- day refinery, Shaboo said. Officials from Vitol weren't available to comment.
Read more at Bloomberg Energy News
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