Algerian state entity fails to reopen energy tariff

Algerian state entity fails to reopen energy tariff

Algerian state entity fails to reopen energy tariff

An ICC tribunal has ordered an Algerian state-owned entity to pay US$100 million after rejecting its attempt to revise the pricing formula in an electricity supply contract with a subsidiary of embattled Canadian engineering firm SNC-Lavalin.

For more information, please see https://globalarbitrationreview.com/article/1226850/algerian-state-entity-fails-to-reopen-energy-tariff

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