Abu Dhabi energy giant ADNOC is partnering trader and shipowner Vitol in an oil storage terminal operation.
It has bought a 10% stake in VTTI, Vitol's joint venture with IFM Global Infrastructure Fund.
IFM and Vitol now have 45% each.
Abu Dhabi group takes 10% stake in trader's VTTI.
Abu Dhabi energy giant ADNOC is partnering trader and shipowner Vitol in an oil storage terminal operation.
It has bought a 10% stake in VTTI, Vitol's joint venture with IFM Global Infrastructure Fund.
IFM and Vitol now have 45% each.