The company signed an oil transshipment service agreement with Petronas. The first fuel handling operation at the Port of Açu Terminal was a success, being accompanied by the oil company with Vast.

The infrastructure and industrial services company Vast announced the completion of the first oil transshipment operation at the Port of Açu Terminal after the contract with Petronas. The activity took place last Wednesday (25/01), days after the contract signing provision of services between organizations. The agreement provides for the provision of oil transportation services at the port terminal located in the state of Rio de Janeiro.

Discover the Port of Açu

Vast and Petronas sign a contract for the provision of oil transport services at the Port of Açu Terminal, located in the state of Rio de Janeiro

Aiming at the future of the national fuel market, as well as its expansion in the segment, Vast announced in recent weeks an important contract for its business portfolio. 

This is an agreement for the provision of oil transshipment services with Petronas, to operate at the infrastructure company's Port of Açu Terminal.

Vast announced on 18/01 the signing of a new contract with the oil company, which aims to boost both companies in the business oil export to the international market.

With the signing of the contract for oil transshipment operations, Vast becomes Petronas' main logistics partner for the export of fuel in Brazil.

The new business therefore marks an even greater presence of the infrastructure company in the oil customs operations in the region of Porto do Açu, located in the state of Rio de Janeiro.

In addition, it expands the company's customer base in early 2023. Vast is responsible for 30% of Brazilian oil exports and has handled more than 540 million barrels since the beginning of its operations.

Now, with operations at the Port of Açu Terminal with Petronas, it will manage to become even more relevant not only on the national scene, but also internationally.

“This achievement is the direct result of the dedication of our teams and our focus on operational excellence, safety and respect for the environment,” the company said in a statement.

Vast's first oil transshipment operation at the Port of Açu Terminal was successfully carried out, accompanied by Petronas

One week after signing the service provision contract, services for oil export at the Port of Açu Terminal, Vast has already started work.

The company announced that last Wednesday it received Petronas at its port terminal to carry out the first fuel transhipment operation in the complex in Rio de Janeiro.

“At the time, the Petronas team had the opportunity to visit our facilities and watch the operation up close, which moved around 1 million barrels between two large ships, one of the VLCC type and a Suezmax”, said the company.

Vast's first oil transport operation with Petronas at the Port of Açu Terminal marks an important step for future projects in 2023.

Get to know the company Vast

“Vast positions itself in the market as a company dedicated to offering infrastructure and logistics solutions, focused on moving liquids in a safe, clean, efficient and sustainable way for the energy market. To do this with excellence, we have a differentiated infrastructure, with a strategic location and a license to handle 1,2 million barrels per day”.