Chad to Take CNPC to Paris Tribunal over Oil Dumping

Source: Reuters 8/10/2014, Location: Africa

Chad plans to take China National Petroleum Corporation (CNPC) to an arbitration court in Paris after talks stalled over its claim for $1.2 billion from the state-owned firm in compensation for breaking environmental rules, a senior official said.

The dispute erupted in July last year after Chad said it discovered large quantities of crude oil had been dumped into pits dug in the Koudalwa region, where CNPC has held licenses to several oil blocs since 2009.

Abdoulaye Sabre Fadoul, secretary-general of the Chadian government, said that weeks of negotiations to reach an amicable solution to the dispute had failed.

"That is why we have decided to take a complaint to the arbitration tribunal in Paris, as agreed under the terms of our contract with CNPC," he said.

Last week in an escalation of the dispute, Chad cancelled five exploration licenses held by CNPC.

As well as taking the case to the International Arbitration Chamber of Paris, the minister said the government had lodged a complaint against CNPC at a court in N'Djamena for environmental destruction and endangering lives.

A spokesman for the Chinese oil company could not immediately be reached for comment.

The government said in May that it was suspending all exploration and drilling activities of CNPC for failure to meet environmental standards.

Chad became a crude producer in 2003, and production peaked at about 176,000 barrels per day in 2005 before declining primarily due to ageing wells in its Doba oil field.


Australia >>  8/12/2022 - Highlights
• Tamboran has received Northern Territory Government approval of the Company’s Environmental Management Plan (EMP) allowing for up t...

Argentina >>  8/11/2022 - President Energy, the international energy company provides an HSE update on its assets in Puesto Flores Concession, Rio Negro Province , Argentina. <...

Norway >>  8/9/2022 - We have sent a circular out to the industry to investigate the extent of exposure risks associated with carcinogenic chemicals and compounds in the pe...
United States >>  8/3/2022 - Murphy Oil Corporation released the 2022 Sustainability Report, which covers the company’s environmental, social and governance (ESG) performance and ...

Norway >>  8/1/2022 - The Petroleum Safety Authority Norway (PSA) has carried out an audit of Schlumberger's follow-up and recording of working hours. The audit was conduct...
Kuwait >>  7/29/2022 - A welcome speech from His Excellency the Assistant Undersecretary of the Ministry of Oil for Technical Affairs Eng. Khaled Walid Al-Din, the Japanese ...

Related Categories: Ecological & Environmental  Emissions Measuring  Environment Management, Consultancy  Environmental Services  General  Hazardous Waste Management  Oil Spill & Emergency Response  Safety Services  Waste Disposal 

Related Articles: Ecological & Environmental  Emissions Measuring  Environment Management, Consultancy  Environmental Services  General  Hazardous Waste Management  Oil Spill & Emergency Response  Safety Services  Waste Disposal 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.