Vivakor (VIVK) announced that its commodities trading platform, Vivakor Supply & Trading, has initiated its first major commodity transaction utilizing the Company’s previously announced $40 Million Intermediation Credit Facility. The inaugural trade, valued at approximately $23 million, involves Liquid Petroleum Gas, marking VST’s expansion into petroleum commodities beyond crude oil. This milestone demonstrates the Company’s strategic intent to diversify its trading operations and leverage its established logistics and midstream capabilities to participate in broader energy markets. VST will manage the transportation, logistics, and gathering operations for the LPG, and consistent with all VST transactions, to the extent it is feasible to do so, utilize Vivakor’s strategic midstream infrastructure to enhance operational efficiency and expand scale.
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