Vast signs agreement with PETRONAS for oil handling at Porto do Açu

On January 18, we signed a contract with PETRONAS Petróleo Brasil Ltda. (PPBL), a wholly owned subsidiary of PETRONAS. The agreement stablishes the provision of oil transshipment services at our Terminal at Porto do Açu, making Vast the main logistics partner of PPBL for the export of oil in Brazil.

The contract with this new partner represents an important increase in our company’s client portfolio and demonstrates the market’s growing confidence in Vast, which is responsible for 30% of Brazil’s oil exports and has handled more than 540 million barrels since the beginning of its operations.

This achievement is the direct result of the dedication of our teams and our focus on operational excellence, safety, and respect for the environment.