2010/10/26

Fwd: Vitol Buys 8.5 Million Emission Credits From KYOTOenergy

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Vitol Buys 8.5 Million Emission Credits From KYOTOenergy
2010-10-26 15:56:29.66 GMT


By Mathew Carr
Oct. 26 (Bloomberg) -- Vitol Group, the world's largest
independent oil trader, said it bought 8.5 million Certified
Emission Reductions from Singapore-based KYOTOenergy Pte.
The credits are from a portfolio of hydropower and wind
projects in Vietnam and Laos, Geneva-based Vitol said today in
an e-mailed statement, without disclosing the price.

For Related News and Information:
Emission market news NI ENVMARKET <GO>
Today's top energy stories ETOP <GO>
European power-markets home page EPWR <GO>

--Editors: Rob Verdonck, Alex Devine

To contact the reporter on this story:
Mathew Carr in London at +44-20-7073-3531 or
m.carr@bloomberg.net

To contact the editor responsible for this story:
Stephen Voss at +44-20-7073-3520 or sev@bloomberg.net