(EnergyAsia, January 17 2011, Monday) — Global bunker supplier Brightoil Petroleum Ltd said it has obtained US$4 billion from China Development Bank Corporation’s Hong Kong Branch (CDBHK) to finance its operations over the next five years. Brightoil said it will use the loan to add to its tanker vessel fleet, provide letters of credit and…
CHINA: Brightoil secures US$4 billion financing from China Development Bank
Posted on January 16, 2011 by EnergyAsia