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ASTANA (TCA) — A spokesman for Moldovan businessman Anatolie Stati says that Stati will demand the sale of a $5.2 billion stake in Kazakhstan’s Kashagan oil field in the Caspian Sea if Astana refuses to pay an arbitration award, RFE/RL reports. Continue reading
BISHKEK (TCA) — "Kyrgyzstan should become a paradise for business, investors and for each entrepreneur, local and foreign, large and small," Kyrgyz President Almazbek Atambayev said at the fifth meeting of the National Sustainable Development Council of the Kyrgyz Republic. Continue reading
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
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
