Judge declares Nigeria winner of $11bn arbitration case against P&ID, 13 years after failed gas processing plant deal in Calabar
[ad_1] A UK judge, Justice Robin Knowles of the Commercial Courts of England and Wales has ruled in favour of Nigeria in the enforcement of a $11bn arbitration award against Process & Industrial Developments (P&ID) Limited. In January 2010, the P&ID signed a Gas Supply and Processing Agreement (GSPA) with Nigeria to develop a processing … Read more