Falklands' Rockhopper 200 million Euros award ruling which Italy is working to annul

Wednesday, November 2nd 2022 - 10:10 UTC

Full article 4 comments

Falkland Islands-linked Rockhopper Exploration said that Italy was working to annul the August ruling by an arbitration panel under which Italy has to pay 200 million Euros, plus interest, to Rockhopper for breaching its obligations related to the company's Ombrina Mare field in the Adriatic Sea. Read full article

Comments

Disclaimer & comment rules

Tænk
As I said a whole month ago...:

- ”The chances of the FIG(leaf) collecting at source that long outstanding tax debt of £60 million plus £20 million mandatory penalty for late payment..., are as big as Rockflopper's chance of collecting that €190 million compensation win from them Spaghetti Guido's....”

https://en.mercopress.com/2022/10/01/rockhopper-navitas-plans-to-develop-falklands-sea-lion-offshore-project-in-late-2023-or-2024/comments#comment523123

Capisce...?
Chuckle..., chuckle...
Nov 02nd, 2022 - 01:40 pm - Link - Report abuse +1
-+
portman
think think might be right. the only winner will be the lawyers. money for lawyers and sam means less money will be attracted from investors for exploitation!
Nov 02nd, 2022 - 11:20 pm - Link - Report abuse 0
-+
Roger Lorton
Italy pay its debts? Now there would be a thing.

Quite a lot of Italians in Argentina, these days... no?
Nov 03rd, 2022 - 05:33 am - Link - Report abuse 0
-+
Tænk
Educating Rita...:

- Italy External Debt reached 2,586.6 USD bn in Jun 2022, compared with 2,763.5 USD bn in the previous quarter...
(Ceicdata.com)

- UK's External Debt reached 8,733.6 USD bn in Jun 2022, compared with 9,422.3 USD bn in the previous quarter.
(Ceicdata.com)

You were saying..., copper...?
Nov 03rd, 2022 - 11:06 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!