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.

15/02/2023 at 17h52, by Africa Business+

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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