IPG hauls Eritrea to Court of Arbitration
KUWAIT CITY, Sept 13, (KUNA): The Independent Petroleum Group (IPG) said on Sunday it is resorting to the Court of Arbitration in London (governed by the Rules of Conciliation and Arbitration of the International Chamber of Commerce -ICC Rules), to obtain an arbitration award confirming that Eritrea and the Petroleum Corporation of Eritrea — PCE (the National Petroleum Company totally owned by the State of Eritrea) should immediately pay IPG the value of delivered petroleum products of around KD 19 million.
KUWAIT CITY, Sept 13, (KUNA): The Independent Petroleum Group (IPG) said on Sunday it is resorting to the Court of Arbitration in London (governed by the Rules of Conciliation and Arbitration of the International Chamber of Commerce -ICC Rules), to obtain an arbitration award confirming that Eritrea and the Petroleum Corporation of Eritrea — PCE (the National Petroleum Company totally owned by the State of Eritrea) should immediately pay IPG the value of delivered petroleum products of around KD 19 million.
