Tethys, Total and CNPC in arbitration dispute over Tajik oil and gas field

DUSHANBE (TCA) — France’s Total and China National Petroleum Corporation (CNPC) on May 19 filed for arbitration proceedings at the International Court of Arbitration against Kulob Petroleum Limited (KPL), Canada-based Tethys Petroleum Limited’s subsidiary in Tajikistan, Tethys said on June 20. Continue reading

ICSID dismisses Turkish company’s claim against Turkmenistan

ASHGABAT (TCA) — The International Centre for Settlement of Investment Disputes (ICSID) has dismissed the claim of private Turkish company Içkale Inşaat Limited against Turkmenistan for the amount of USD 537 million and EUR 26.7 million. Continue reading