Vetro Energy is a Singapore and Houston, Texas–based operating and management company with Rezart Taçi as its majority shareholder.

On October 3, 2012, the Albania government announced, Vetro Energy won the bid for the privatization of Albpetrol, which would have given it the right to use the Albanian state-owned oil firm for the next 25 years.

Vetro's bid of €850 million ($1.1 billion) for Albpetrol was rated 97.7 points by Albania's U.S. consultancy, Patton Boggs.

Other bids included offers from China's Win Business Bright Oil, and Canada's Bankers Petroleum.

[4][5] The deal was subsequently cancelled by the Albanian government after Vetro Energy failed to pay the initial payment.