‘Zonda cars for all’? Dispute over payments sheds light on Kurdish energy deals
In depth
Issue 960
- 12 Dec 2013
| 13 minute read
For such a young sector, Iraqi Kurdistan’s energy industry has given rise to an astonishingly high number of court cases. Some relate to arguments over payments owed to those who felt they helped oil companies into the region (Excalibur v Texas Keystone (GSN 954/1), Decapolis v Mangesh Energy (GSN 958/9), Galbraith and Abdulhak v DNO (GSN 887/10)). Another is a dispute over stakes in a licence area (Range Energy Resources v New Age Al Zarooni 2). And others relate to contractual disputes – over contractual rights, assets, or agreements to build infrastructure (Dana Gas v KRG (GSN 957/11) and Crescent Petroleum v RWE).
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