Oil & Gas Nigeria

Services

Financing, Strategic advisory

Client

Ministry of Finance, Nigeria

Sector

Oil & Gas

Timeline

14 weeks

Suez Capital financed Arlington Securitas a European company in its contract with the Nigerian Ministry of Finance to inspect all cargoes of oil/gas shipped out of Nigeria.

The contract that was signed in 2013 and continues to this date, and requires the contractor to ensure that B/L and actual quantities match and also to develop and continuously update software to monitor the presence of tankers in Nigerian waters.

Suez Capital assists the contractor with mid term financing requirements, to meet delays in receipts from the Federal Government of Nigeria.

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