Vitol’s unit ViGo acquires PitPoint.LNG

Vitol’s subsidiary ViGo Bioenergy has acquired PitPoint.LNG, the Dutch joint venture between TotalEnergies and SHV Energy.

Oaklins, who acted as the exclusive M&A sell-side advisor to TotalEnergies and SHV, revealed the deal in a statement on Thursday.

The company did not provide further details regarding the acquisition.

With this deal, Germany’s ViGo expands its international station network for alternative fuels and strengthens its European LNG and bio-LNG position.

According to its website, PitPoint.LNG currently operates 12 heavy-duty LNG stations in the Netherlands, Belgium, and Germany, and one bunkering station for inland waterway vessels in Cologne, Germany.

On the other hand, ViGo recently launched a bio-LNG station for vehicles in Germany’s Braunschweig and now has 28 stations in operation with more planned.

Back in 2021, energy trader Vitol bought Berlin-based LNG firm Liquind, now renamed ViGo Bioenergy.

Germany hosts the largest number of LNG fueling stations for trucks.

Recent data by Gmobility, previously known as NGVA Europe, showed that Germany had 185 LNG filing stations, while Italy had 146 such stations.

Last year, European network of LNG fueling stations for vehicles reached 700 stations due to a growing demand for LNG and bio-LNG in the transport sector.

Most Popular

Shell adds another LNG carrier to its fleet

A unit of UK-based LNG giant Shell has added another chartered liquefied natural gas carrier to its fleet.

Energy Transfer’s Lake Charles LNG secures DOE extension

Texas-based Energy Transfer has secured a permit extension from the US DOE to start exports from its proposed Lake Charles LNG export facility in Louisiana.

Santos CEO expects Papua LNG FID in early 2026

France's TotalEnergies and its partners plan to take a final investment decision on the Papua LNG export project in Papua New Guinea in the first quarter of 2026, according to Santos CEO Kevin Gallagher.

More News Like This

Santos CEO expects Papua LNG FID in early 2026

France's TotalEnergies and its partners plan to take a final investment decision on the Papua LNG export project in Papua New Guinea in the first quarter of 2026, according to Santos CEO Kevin Gallagher.

NextDecade secures equity commitments for fourth Rio Grande LNG train

US LNG firm NextDecade has secured up to $1.8 billion in equity commitments from TotalEnergies and Global Infrastructure Partners to finance the construction of the fourth train at its Rio Grande LNG facility in Texas.

Hudong-Zhonghua to build another LNG bunkering vessel for TotalEnergies

China’s Hudong-Zhonghua said it had secured another order to build one 18,600-cbm LNG bunkering vessel for French energy giant TotalEnergies and Spain's shipping firm Ibaizabal.

TotalEnergies working on Mozambique LNG restart, CEO says

France's TotalEnergies and its partners in the giant Mozambique LNG project are still working with the Mozambique government on restarting construction on the 12.8 mtpa project, according to Patrick Pouyanne, CEO of TotalEnergies.