Oil Group Drops $1.96B Award Against Kurdistan After Deal
By Christopher Crosby ( September 1, 2017, 5:30 PM EDT) -- A consortium of United Arab Emirates-based energy companies dropped a petition to enforce a $1.96 billion arbitration award issued against Iraq's Kurdistan Regional Government in a dispute over two Iraqi gas fields on Friday, just days after the parties reached a $2.2 billion settlement that amends and extends their energy production contract....
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