Based on available information and trading patterns, Vitol appears the most likely candidate to be Melbana’s offtake partner for the Block 9 oil in Cuba. Here’s why:Vitol has a strong track record in Latin America, including a recent offtake and prepayment deal with GeoPark in Colombia for 20,000 barrels per day.It has a history of operating in complex jurisdictions and sanctioned environments, which aligns with Cuba’s geopolitical landscape.Vitol is also known for pre-financing arrangements, which could be attractive to Melbana as it ramps up production.While Trafigura and Glencore are also plausible, there’s no direct evidence linking them to Cuban crude. Sonangol, as Melbana’s partner, may influence logistics but is less likely to be the trader itself.
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