March 16, 2021
A Spanish gas company has agreed to drop its $2 billion award confirmation suit against Egypt in D.C. federal court after the parties inked a settlement ending their yearslong dispute over Egypt cutting off a natural gas plant's supply.
June 04, 2020
A D.C. federal judge has granted Egypt's bid to pause efforts by a Spanish gas company to enforce a $2 billion arbitral award stemming from a gas supply dispute, ruling that a stay is in order as the country awaits a decision from an award annulment committee.
March 09, 2020
Egypt is asking a D.C. federal court to pause efforts by Unión Fenosa Gas SA to enforce a $2 billion arbitral award stemming from a gas supply dispute, citing its continuing bid to have the award annulled even after inking a settlement with the Spanish gas company last month.
March 06, 2020
A Spanish gas company has told a D.C. federal court that it reached a deal with Egypt in late February to satisfy the country's liabilities under a $2 billion arbitral award stemming from a dispute over the cutoff of a natural gas plant's supply.
January 28, 2020
A Spanish gas company is once again pushing Egypt to fulfill a $2 billion award it was ordered to pay in light of an ad hoc arbitration annulment committee lifting a stay on enforcement on the award.
October 18, 2018
A Spanish natural gas company has sought enforcement from a D.C. federal court of its approximately $2 billion award against Egypt, issued after an international tribunal concluded the country was responsible for cutting off the gas supply to liquefaction facilities the company operated.