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21 Mar 2022


Vitol response

...Vitol’s business is the trading of gas and LPG. We operate in full compliance with sanctions. We do not deal with entities in Crimea and the occupied parts of Donetsk and Luhansk Oblasts. We are not taking on any new customers in the country...

An enhanced due diligence regime is implemented in high-risk situations. Management is in regular contact with impacted employees...

We have in place a rigorous compliance programme which includes a comprehensive Know Your Customer (KYC) process. For counterparties operating in high-risk jurisdictions, there is an enhanced due diligence process...

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