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    market news

    Shell Aiding Ghana Oil Company to Raise Funds for Crude

    Investing News Network
    Apr. 12, 2011 11:16AM PST
    Resource Investing

    Bloomberg reported that Royal Dutch Shell Plc (LON:RDSA) will assist Ghana in raising money to fund the Terna Oil Refinery.

    Bloomberg reported that Royal Dutch Shell Plc (LON:RDSA) will assist Ghana in raising money to fund the Terna Oil Refinery.

    The market news is quoted as saying:

    Shell’s role as a guarantor to the Ghanaian company in the transaction requires that it gets the oil shipments and then make sales in order to repay the banks.

    To read the full market news, click here.

    market newslon:rdsa
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