{"id":272356,"date":"2019-05-02T05:00:09","date_gmt":"2019-05-02T05:00:09","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=272356"},"modified":"2019-05-02T05:00:09","modified_gmt":"2019-05-02T05:00:09","slug":"indias-nayara-energy-closes-750-mln-pre-pay-with-trafigura-bp","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-nayara-energy-closes-750-mln-pre-pay-with-trafigura-bp\/","title":{"rendered":"India&#8217;s Nayara Energy closes $750 mln pre-pay with Trafigura, BP"},"content":{"rendered":"<p>LONDON: Russian-backed Indian refiner Nayara Energy has completed a long-term pre-payment deal with BP and global commodities trader Trafigura for $750 million, Nayara&#8217;s chief executive said on Wednesday. <\/p>\n<p>The deal, backed by a consortium of international banks, will see the two firms repaid with future gasoline and gasoil over the next four years. <\/p>\n<p>Pre-payments are one the financing mechanisms frequently used in the oil industry. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>LONDON: Russian-backed Indian refiner Nayara Energy has completed a long-term pre-payment deal with BP and global commodities trader Trafigura for $750 million, Nayara&#8217;s chief executive said on Wednesday. The deal, backed by a consortium of international banks, will see the two firms repaid with future gasoline and gasoil over the next four years. Pre-payments are one the financing mechanisms frequently used in the oil industry.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-272356","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/272356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=272356"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/272356\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=272356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=272356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=272356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}