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Апрель
2019

Guaido Wants Annulment Of ConocoPhillips Compensation

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The President of Venezuela’s National Assembly and opposition leader Juan Guaido will try to win an annulment for an US$8.7-billion compensation awarded to U.S. supermajor ConocoPhillips by an arbitration court for the forced nationalization of the company’s Venezuelan business by the Hugo Chavez government. This is what Guaido’s chief legal representative said as quoted by Reuters, adding that his team also plans to dispute the size of the compensation, which was awarded to Conoco by the World Bank’s International Center…



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