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Peninsula Petroleum expands credit deal

Bunker supplier Peninsula Petroleum has extended its credit in Asia, where an existing loan agreement has been raised by USD 60 million. This occurs ahead of the upcoming sulfur regulations entering force from Jan 1, 2020.

Photo: Arkivfoto/Colourbox

Bunker company Peninsula Petroleum has landed a new credit deal for its business in Asia.

The agreement expands upon the existing facility, entered with banks HSBC and United Overseas Bank.

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