Dana Gas prepares to have Turkey seize KRG assets | The National:
"A consortium led by the UAE company Dana Gas is prepared to convince a Turkish court to seize assets belonging to the Kurdistan Regional Government in Iraq and enforce an arbitration claim, according to a source with knowledge of the company’s plans.
Dana Gas and its consortium partners recently brought an arbitration claim against the KRG in London to clarify the amount of money they believe they are owed for work already carried out on Kurdish gasfields and on their rights to develop and market gasfields further.
As the KRG recently signed a multibillion dollar agreement to export oil to Turkey, Dana and its partners told creditors recently that they will keep open the option of enforcing a claim in a Turkish court to seize oil products from the Kurdish region until its receivables are met, the source said."
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