Venezuela settles ICSID case
Clemmie Spalton • Wednesday, 8 August 2012 (9 months ago)
US oil and gas company Exterran Holdings has agreed to suspend an ICSID claim against Venezuela after agreeing to accept US$442 million compensation for assets nationalised by the state’s oil company, PDVSA, in 2009.
PDVSA will pay US$440 million under the terms of the settlement
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