Algerian state entity wins shares but no damages in seawater plant dispute
Shutterstock, Luciano Santandreu
An ICC tribunal has upheld a claim by a subsidiary of Algeria’s national oil and gas company Sonatrach over rights to shares in a seawater desalination plant, while rejecting its claims for almost US$400 million in damages against two Asian companies.
To read more
Subscribe to Global Arbitration Review
Register for limited access
Register for free to receive GAR’s daily briefing and access to GAR 100.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Arbitration Review experts.
Subscribe now