Milan/Lagos — Eni has filed a request for arbitration against Nigeria at the World Bank’s dispute settlement body and plans to argue that the country’s failure to allow it to exploit an oilfield it acquired with Royal Dutch Shell nearly a decade ago breaches their investment agreement, court documents show.
The Italian oil major also filed a request for evidence on October 6 with a court in the US state of Delaware which it says it wants to use in the ICSID arbitration and in the Milan case, according to documents from the court seen by Reuters. Nigeria's presidency declined to comment when asked about Eni's court filing and the arbitration case. Neither the attorney-general's office nor the ministry of petroleum resources immediately responded to requests for comment.
Dear WorldBank in south africa we are living in a reversed apartheid system where whites are classed as second class citizens with the BEE system. please help us to pressure the nationalists ANC government to reverse their business killing policies& prevent FARM MURDERS!