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Last updated on May 26, 2012 at 17:19 EDT

Mercuria’s Terminal & Processing Assets Renamed to VESTA

March 3, 2010
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UTRECHT, The Netherlands, March 3, 2010 /PRNewswire/ — Mercuria Energy
Asset Management B.V., part of the Mercuria Energy Group, has announced today
that Mercuria’s wholly owned terminal & processing assets will be renamed
under a common ‘VESTA’ brand.

    These assets are:

    - Vesta Terminal Flushing B.V., (The Netherlands) - formerly
      Mercuria Terminals Flushing B.V.

    - Vesta Terminal Tallinn OU, (Estonia) - formerly Eurodek
      Synergy OU

    - Vesta Terminal Antwerp N.V., (Belgium) - formerly Nafta (B) N.V.

    - Vesta Biofuels Brunsbuttel GmbH & Co. KG, (Germany) -
      formerly 3B Biofuels GmbH & Co. KG

    - Vesta Biofuels Amsterdam B.V., (The Netherlands) - formerly
      Mercuria BioEnergy B.V.

Mercuria’s minority holdings in assets in China, Africa and Brazil do not
carry the Vesta name.

Commenting on this development, Anton Klomp, Member of the Board of
Mercuria said:

“Mercuria has a growing portfolio of assets in midstream oil and biofuels
and we want our customers to be able to identify with a common brand -
delivering a safe and reliable service. It’s not only a change of name, we
are bringing a common focus on Safety, Health, Environment and Quality -
which are key to running a successful operation.”

“Vesta is establishing a global presence in energy infrastructure and we
are continually on the lookout for further assets in key energy hubs and
niche markets.”

The Mercuria Energy Group is an international group of companies active
over a wide spectrum of global energy markets, including crude oil and
refined products, natural gas, power, biodiesel, vegetable oils, coal and
carbon emissions. In addition to its trading core the group has upstream and
downstream assets ranging from oil fields in the US, Canada and Argentina, to
oil storage terminals in Belgium, The Netherlands, Estonia and China and
biodiesel production facilities in Germany and The Netherlands. Mercuria owns
or leases over 30 million barrels of strategically placed crude oil and
products storage facilities around the world. The company has offices in
twenty countries. Its largest trading floor is in Geneva, Switzerland. Group
turnover was $47 billion in 2008.

    For further information:

http://www.vestaterminals.com

http://www.vestabiofuels.com

http://www.mercuria.com

or please contact: Anton Klomp on telephone +31-30-608-6130 or email
tklomp@mercuria.com

SOURCE Mercuria Energy Group


Source: newswire