Fri | Dec 14, 2018

Petrojam receives US$370,000 payment from 'bankrupt' Greek firm

Published:Friday | November 16, 2018 | 6:28 PM

Petrojam says it has now received the US$370,000 that was owed by Aegean Marine Petroleum for products delivered on November 04.

Agean has filed for bankruptcy protection in the United States.

The Opposition had raised questions that amid the filing, Petrojam was owed debts by the Greek firm.

According to court documents, Aegean has stated that it owes the state-owned Petrojam US$3.17 million.

But Petrojam denied this saying it was only owed it the specified sum of US$370,000.

Petrojam said the payment was received today.

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