AfricaContracts and TendersEurope

Galp plans to start arbitration over Mozambique tax dispute

By LNG Prime Staff
Galp plans to start arbitration over Mozambique tax dispute
For illustration only (Image: Galp)

Portuguese energy firm Galp has decided to take the first step toward starting arbitration proceedings against Mozambique over the capital gains tax dispute arising from the sale of its stake in Mozambique Area 4 to Adnoc’s investment unit XRG.

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