Cameroon vs Exxon and Petronas – arbitration takes another step forward in Paris
Yaoundé and the oil companies Exxon and Petronas have agreed on the constitution of a Cirdi arbitration tribunal. The agreement comes after a long-standing dispute over the conditions for transferring interests in the pipeline linking Chad to Cameroon.
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▪ Cameroon vs Exxon and Petronas – arbitration takes another step forward in Paris
▪ Yaoundé and the oil companies Exxon and Petronas have agreed on the constitution of a Cirdi arbitration tribunal. The agreement comes after a long-standing dispute over the conditions for transferring interests in the pipeline linking Chad to Cameroon.
▪ https://www.africabusinessplus.com/en/814778/cameroon-vs-exxon-and-petronas-arbitration-takes-another-step-forward-in-paris/
ExxonMobil and Petronas wish to withdraw from the pipeline operated by Cameroon Oil Transportation Company SA. Both have been co-shareholders for two decades in the company and have now taken another step in their arbitration against Cameroon.
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