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.

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

LNG Terminals

Atlantic LNG shipping rates decrease this week

Atlantic spot LNG shipping rates dropped this week, while Pacific rates were flat compared to the week before, according to Spark Commodities.
LNG as Fuel

Stabilis secures new approval for Galveston LNG project

Houston-based small-scale LNG player Stabilis Solutions has received a letter of recommendation (LOR) from the US Coast Guard for its planned Galveston liquefaction facility.
LNG Terminals

Russian LNG production up 10.7 percent in January-June

Russian liquefied natural gas (LNG) production rose 10.7 percent in the first six months of this year, according to the Russian statistics agency Rosstat.
spot_img

More News Like This

Corporate

Adnoc launches LNG marketing and trading platform

UAE's energy giant Adnoc has launched a global liquefied natural gas (LNG) marketing and trading platform, targeting 47 million tonnes per annum (mtpa) of combined marketable LNG by 2035.
LNG Terminals

Adnoc’s XRG boosts stake in NextDecade’s Rio Grande LNG

Adnoc's investment unit XRG has completed the previously announced acquisition of an additional equity interest in Trains 4 and 5 of NextDecade's Rio Grande LNG terminal in Texas.
Contracts and Tenders

Eni, XRG to join upstream part of YPF’s Argentina LNG project

Adnoc's investment unit XRG and Italian energy firm Eni have signed agreements with Argentina’s state-owned oil and gas company YPF to take part in the upstream segment of the Argentina LNG project.
LNG Terminals

YPF, Eni, and XRG plan third FLNG as part of Argentina LNG project

Argentina’s state-owned oil and gas company YPF, Italian energy firm Eni, and Adnoc's investment unit XRG are evaluating adding a third FLNG to further boost the capacity of the 12 mtpa phase of the integrated Argentina LNG project, according to YPF CEO Horacio Marin.