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Deal Date: 24-04-2012 Practice Area: Project Finance and Infrastructure
Deal Title: Nagarjuna Oil investment in Cuddalore refinery Industry: Oil & Gas Producers
Description:
Leading international law firm Clifford Chance has advised Nagarjuna Oil Corporation Limited (NOCL), a member of the Nagarjuna Group, on the investment of up to US$130 million by Trafigura Pte Ltd into NOCL's oil refinery being constructed in Cuddalore, in the State of Tamil Nadu, India. In addition to Trafigura's equity investment, Trafigura will invest a further US$120 million into the construction of on-site storage facilities and associated infrastructure required to service the oil refinery. Partner Merrick White led the Singapore team.
Financial Center: Singapore Value: 100.01-500.00
Advised Party: Purchaser Law Firm
Assets Jurisdiction India Purchaser Jurisdiction China
Classification: Transfer of Infrastructure Assets Oil & Gas Assets
Lawyer Merrick White