Trafigura Forms JV with Spain's Meroil for Refined Oil Products, Biofuels
by Rocky Teodoro (RigZone) Commodity trading giant Trafigura has completed the acquisition of 50 percent of equity in Meroil Tank S.L. from Spanish oil operator Meroil S.A. for an undisclosed sum. Meroil Tank will now operate as a 50:50 joint venture company