Asters Advises Vitol on Sale of 50% of Shares in Geo-Alliance Oil-Gas Public Limited

Asters Advises Vitol on Sale of 50% of Shares in Geo-Alliance Oil-Gas Public Limited

Ukraine
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Asters, working with Slaughter and May, has advised Arawak Energy Ukraine B.V., a member of the Vitol group of companies, on the sale of 50% of shares in Geo-Alliance Oil-Gas Public Limited to gas producer Geo Alliance Group Limited. 

Vitol is an independent energy trader with an annual capacity to ship more than 350 million tonnes of crude oil and products. In 2020 the company's revenues amounted to USD 140 billion.

Asters’ team included Senior Partner Armen Khachaturyan, Partners Yaroslav Petrov, Alexey Pustovit, and Constantin Solyar, Counsels Olena Radko and Maksym Tereshchuk, and Senior Associate Yurii Dmytrenko.

Asters could not provide additional information on the deal.