Sunergy Supply Update

Sunergy, Inc (OTCBB: SNEY) announced that the managing director of the plant reported that Ghana’s 45,000 barrel-per-day Tema refinery has shut down due to a lack of crude oil supplies.

The press release is quoted as saying:

The refinery has had operations problems due to financial woes that have made it difficult to buy crude cargoes, and was shuttered for much of 2009. Ghana’s government stepped in to ease TOR’s debt burden last month by paying its main creditor, Ghana Commercial Bank, some $316 million.

Click here to access the entire press release