Nigeria: Sirius Petroleum offtake deal with Glencore
Issue 254
- 17 May 2013
| 1 minute read
London-based Sirius Petroleum has signed an exclusivity offtake agreement with Glencore Energy UK Ltd including provision for a conditional prefinancing facility of up to $65m, which will be netted against initial sales of crude oil production, to fund development of its Nigerian assets.
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