Vitol Chairman Seeking Joint Ventures With Middle East Producers
- Ian Taylor focusing on relationships for biggest oil trader
- Taylor speaks for first time since stepping down as Vitol CEO
This article is for subscribers only.
Ian Taylor, the legendary oil trader who stepped down as chief executive officer of Vitol Group this month to become chairman, is seeking joint ventures and long-term structured deals with some of the Middle East’s largest oil-producing nations.
“I am going to be visiting Africa and the Middle East and trying to promote Vitol and do some structural deals,” Taylor said in his first interview since the world’s biggest independent oil trader announced Russell Hardy was taking over as CEO.