Vitol Gas and Power B.V., a company based in Rotterdam, has successfully completed the registration process on Montenegrin power exchange market and became twenty-sixth MEPX market member.

Vitol is a multinational company that has been active in production, supply, distribution and trade of crude oil, gas and power for 55 years. In the field of power, they have an expanding portfolio of renewable generation investments in the Americas, Asia and Europe, with 1,1 GW of solar and wind power and 300 MW of battery storage. Through these projects they provide reliable power to the commercial and industrial clients and utilities. Vitol is leveraging its expertise to enable customers to transition to more sustainable power solutions, and supporting the development of renewable projects with financing and market access. In addition, they are investing in transitional gas-fired power to facilitate the roll out of renewables in the near term. Vitol has a strong and experienced power trading team and is active in world’s largest markets.