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A London court has rejected BB Energy’s attempt to block the sale of three South Sudanese oil cargoes worth around US$180mn, intensifying scrutiny of prepayment lending and creditor protection in high-risk commodity finance. The dispute centres on South Sudanese oil...
#BB Energy#commodity finance#creditor risk
South Sudan sold US$731mn of oil despite debt arrears, raising fresh questions over prepayment structures, creditor protection and commodity finance…
#Afreximbank#commodity finance#debt arrears
A London court has barred South Sudan from entering into new oil pre-payment deals or pledging future crude cargoes to…
#BB Energy#commodity finance#crude oil