The Kurdistan Regional Government of Iraq (KRG) and a consortium composed of Dana Gas PJSC, Crescent Petroleum Company International Limited and Pearl Petroleum Company Limited have mutually agreed to fully and finally settle all their differences amicably by terminating the arbitration and related court proceedings, and releasing all remaining claims between them, including the substantial damages asserted by the consortium against the KRG, and implement a mechanism for settlement of $2,239 million awarded by the tribunal to date..... Read more »
Posted on : 9/1/2017