Monday 14 July 2014

Dana Gas says wins right to some payments from Iraqi Kurdistan | GulfNews.com

Dana Gas says wins right to some payments from Iraqi Kurdistan | GulfNews.com:



"Dana Gas, one of the largest oil and gas investors in Iraq’s semi-autonomous Kurdish region, said on Sunday that an arbitration tribunal had awarded it the right to receive some outstanding payments from the Kurdish government.



The Abu Dhabi-listed firm, which leads a consortium of investors, had filed an arbitration case in London last October against the Kurdistan Regional Government (KRG), seeking to confirm its contract rights and to obtain payments for products it had delivered.



“The companies have been successful in their application to the Tribunal for interim measures,” Dana Gas said in a statement on Sunday."



'via Blog this'

No comments:

Post a Comment