Caracas, Mar 20 (Prensa Latina) The favorable decision for the Venezuelan state-run oil company PDVSA in the dispute with Exxon Mobil stimulates Thursday learning about all the elements supporting the sentence issued by a British court.
According to diplomatic sources, aspects considered by Judge Paul Walker to deny the measure to freeze PDVSA shares valued at $12 billion are published today in London.
For Energy and Oil Minister Rafael Ramirez, the sentence established a very important legal record "for any transnational company that tries to take to court a country that is managing its own natural resources."
Alvaro Silva, general secretary of the Organization of Petroleum Exporting Countries, said that the British court decision is of great importance because it was achieved under rules of law unfamiliar to Venezuela.
The dispute is in arbitration over whether Exxon Mobil should compensate for for affectations caused to PDVSA and the country as a result of the suit.
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