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Exmar seals $150m settlement in FLNG contract dispute

Belgian owner Exmar has announced that it has reached a settlement agreement with Argentine oil company YPF over a dispute over the agreements. In June, YPF issued a force majeure notice for the Tango FLNG, which Exmar considered to be unlawful. Under the settlement agreement, YPF will pay $150m via 18 monthly installments for the early termination of …

WP_Post Object ( [ID] => 232953 [post_author] => 75 [post_date] => 2020-10-20 07:37:05 [post_date_gmt] => 2020-10-20 07:37:05 [post_content] =>

Belgian owner Exmar has announced that it has reached a settlement agreement with Argentine oil company YPF over a dispute over the agreements. In June, YPF issued a force majeure notice for the Tango FLNG, which Exmar considered to be unlawful. Under the settlement agreement, YPF will pay $150m via 18 monthly installments for the early termination of …

[post_title] => Exmar seals $150m settlement in FLNG contract dispute [post_excerpt] => Belgian owner Exmar has announced that it has reached a settlement agreement with Argentine oil company YPF over a dispute over the agreements. In June, YPF issued a force majeure notice for the Tango FLNG, which Exmar considered to be unlawful. U... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => exmar-seals-150m-settlement-in-flng-contract-dispute [to_ping] => [pinged] => [post_modified] => 2020-10-20 07:37:05 [post_modified_gmt] => 2020-10-20 07:37:05 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=129788 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )