Azikel Petroleum Refinery

Azikel Hydro-Skimming Refinery Project - Afreximbank Direct Loan

Industry
Oil & gas/Oil - Downstream (Refining)
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Nigeria

Deal Overview

Azikel Petroleum Refinery, a subsidiary of the Azikel Group in Nigeria, has signed a $259 million debt funding agreement with the Afreximbank for its Azikel Hydro-skimming refinery project. The 12,000 barrels per day refinery project is expected to contribute to the industrialization of Nigeria. The...

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Deal Volume
$259m
Financial Close
17/11/2023
Dealmakers
Sources

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Project Deals

Azikel Hydro-Skimming Refinery Project
$259m
Greenfield
Oil - Downstream (Refining)
Africa
Africa
Nigeria