Tribunal dismisses ENI/VITOL’s $915m financial and other claims against Ghana & GNPC but declares unitisation directives in breach of petroleum agreement

Attorney-General Godfred Dame Yeboah Advertisement The International Arbitration Tribunal in the Eni & Vitol v. Ghana & GNPC arbitration has issued its Final Award. Positively for Ghana, the Tribunal denied Claimants their monetary damages. The Claimants initially claimed 7 billion dollars, but they subsequently reviewed it to $915 million plus interest by the end of … Read more