Shell Aiding Ghana Oil Company to Raise Funds for Crude

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.

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