HANSE OIL Group Executes Firm Finance Term Sheet for African Refiner Consortium

HANSE ENERGY announced it has executed a conceptual finance term sheet dated October 13, 2019 with an African consortium of four refineries in West Africa that contemplates a secured $6 million revolving credit facility.

The facility is being granted to finance development and implementation of green energy and gas projects. HANSE ENERGY also announced the extension of its current loan facility running since 2Q.2018 The loan facility, currently drawn to $2,6 million from HANSE, was scheduled to have matured on October 31, 2019. Key provisions of the amendments include, but are not limited, to an extension of the maturity date from October 31, 2019 to April 30, 2021.


#hanse #hanseoil #hanseenergy

Recent Posts

See All

HANSE Worldwide at a glance

HANSE ENERGY (formally: HANSE OIL) We have successfully built a safer, more resilient and competitive HANSE: a distinctive business that is delivering sustainable value and growth for our licensees AN


The new name was approved at the Annual General Meeting on 28th August and is now under registration. We shall take "oil" out of our name. Our strategy remains firm. The name HANSE ENERGY reflects ong

Contact HANSE OIL Singapore

This site serves as a supplementary Business Section integrated in our website: www.hanseoil.net. © 2016 by HANSE Consultants GmbH, 1070 Vienna, Austria. All rights reserved. As with all content published on this site, these statements are subject to our Website Terms & Conditions AND Forward Looking Statement disclaimer: We provide these links to external websites for your convenience. HANSE does not endorse and is not responsible for their content, links, privacy policies, or security policies. The materials provided on this Web site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice. Nothing contained on the Web site shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction. HANSE OIL appreciates your interest in our web pages. We would like to assure you that all personal information is handled securely. HANSE Private Policy New Regulations effecting 25/05/2018. HANSE Legal Notice. HANSE OIL HOLDING LTD, 6 Rodou, Agioi Omologites, CY1680 Nicosia, Cyprus.