{"id":602366,"date":"2019-03-26T03:45:39","date_gmt":"2019-03-26T03:45:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/"},"modified":"2019-03-26T03:45:39","modified_gmt":"2019-03-26T03:45:39","slug":"petroceltic-files-for-arbitration-over-dispute-with-egpc","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/","title":{"rendered":"Petroceltic files for arbitration over dispute with EGPC"},"content":{"rendered":"

<\/a> DISPUTE WATCH- Petroceltic files for arbitration over dispute with EGPC:<\/b> UK petroleum company Petroceltic has filed an arbitration case against state-owned Egyptian General Petroleum Corporation at the World Bank International Center for Settlement of Investment Disputes, the company said in a statement<\/a><\/u>. Petroceltic said last month<\/a><\/u> that is was planning to call for arbitration over USD 30 mn in overdue payments<\/a><\/u>. However, the company has expanded its list of grievances in its latest statement, claiming that its investments have not been given fair treatment and that it has not been able to dispose of them due to \u201cunreasonable and discriminatory\u201d actions on EGPC\u2019s part. \u201cWe do not think we are being treated fairly and this is a clear contravention of the agreements entered into by the UK and Egyptian governments,\u201d Chairman Angelo Moskov said. \u201cThe present situation is unacceptable and needs to be resolved as a matter of urgency.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

DISPUTE WATCH- Petroceltic files for arbitration over dispute with EGPC: UK petroleum company Petroceltic has filed an arbitration case against state-owned Egyptian General Petroleum Corporation at the World Bank International Center for Settlement of Investment Disputes, the company said in a statement. Petroceltic said last month that is was planning to call for arbitration over […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[557,72,2380,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602366","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-egyptian-general-petroleum-corporation","tag-enterpriseam","tag-speed-round","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"3e4f3c8c-19e0-4243-8544-fa1b72370b86","is_powered_by":true,"section_story_id":"3108f070-26ee-4b4c-b4b0-fedad36ffda5","story_type":"1","photo_url":"","photo_position":"above","related_issue":[602357],"teaser":"","voice_url":""},"yoast_head":"\nPetroceltic files for arbitration over dispute with EGPC - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Petroceltic files for arbitration over dispute with EGPC\" \/>\n<meta property=\"og:description\" content=\"DISPUTE WATCH- Petroceltic files for arbitration over dispute with EGPC: UK petroleum company Petroceltic has filed an arbitration case against state-owned Egyptian General Petroleum Corporation at the World Bank International Center for Settlement of Investment Disputes, the company said in a statement. Petroceltic said last month that is was planning to call for arbitration over […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-26T03:45:39+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Petroceltic files for arbitration over dispute with EGPC\",\"datePublished\":\"2019-03-26T03:45:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/\"},\"wordCount\":157,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egyptian General Petroleum Corporation\",\"EnterpriseAM\",\"SPEED ROUND\",\"World Bank\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/\",\"name\":\"Petroceltic files for arbitration over dispute with EGPC - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-03-26T03:45:39+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Petroceltic files for arbitration over dispute with EGPC\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Petroceltic files for arbitration over dispute with EGPC - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/","og_locale":"en_US","og_type":"article","og_title":"Petroceltic files for arbitration over dispute with EGPC","og_description":"DISPUTE WATCH- Petroceltic files for arbitration over dispute with EGPC: UK petroleum company Petroceltic has filed an arbitration case against state-owned Egyptian General Petroleum Corporation at the World Bank International Center for Settlement of Investment Disputes, the company said in a statement. Petroceltic said last month that is was planning to call for arbitration over […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-03-26T03:45:39+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Petroceltic files for arbitration over dispute with EGPC","datePublished":"2019-03-26T03:45:39+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/"},"wordCount":157,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Egyptian General Petroleum Corporation","EnterpriseAM","SPEED ROUND","World Bank"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/","name":"Petroceltic files for arbitration over dispute with EGPC - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2019-03-26T03:45:39+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/petroceltic-files-for-arbitration-over-dispute-with-egpc\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Petroceltic files for arbitration over dispute with EGPC"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":601042,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/18\/petroceltic-to-seek-international-arbitration-against-egpc\/","url_meta":{"origin":602366,"position":0},"title":"Petroceltic to seek international arbitration against EGPC","author":"enterpriseam admin","date":"18 February 2019","format":false,"excerpt":"Petroceltic to seek international arbitration against EGPC: UK energy company Petroceltic is filing for international arbitration to recover back-due payments it claims it is owed by the state-owned Egyptian General Petroleum Corporation (EGPC), Petroceltic said in a statement on its website. \u201cWe do not threaten international arbitration lightly, but equally\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601145,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/petroceltic-says-egpc-owes-it-usd-30-mn-in-overdue-payments\/","url_meta":{"origin":602366,"position":1},"title":"Petroceltic says EGPC owes it USD 30 mn in overdue payments","author":"enterpriseam admin","date":"20 February 2019","format":false,"excerpt":"DISPUTE WATCH- Petroceltic claims EGPC owes it USD 30 mn: UK energy company Petroceltic is filing for international arbitration to recover USD 30 mn in overdue payments it claims it is owed by the state-owned Egyptian General Petroleum Corporation (EGPC), Chairman Angelo Moskov told the domestic press. The overdue payments\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631957,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/08\/world-bank-arbitration-tribunal-dismisses-emirati-oil-firms-case-against-egyptian-government\/","url_meta":{"origin":602366,"position":2},"title":"World Bank arbitration tribunal dismisses Emirati oil firm\u2019s case against Egyptian government","author":"enterpriseam admin","date":"8 July 2024","format":false,"excerpt":"The Emirati company was looking to receive an EGP 3 bn settlement from the Egyptian government","rel":"","context":"In "DISPUTE WATCH"","block_context":{"text":"DISPUTE WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/dispute-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/533.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":632746,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/19\/did-an-egyptian-court-really-order-egpc-and-egas-to-pay-emg-usd-1-03-bn-in-damages\/","url_meta":{"origin":602366,"position":3},"title":"Did an Egyptian court really order EGPC and EGAS to pay EMG USD 1.03 bn in damages?","author":"enterpriseam admin","date":"19 February 2018","format":false,"excerpt":"Did an Egyptian court really order EGPC and EGAS to pay EMG founder USD 1.03 bn in damages? Israeli newspaper Globes is claiming that a Cairo court ordered state energy companies EGPC and EGAS to pay Israeli businessman Josef Maiman, who co-founded East Mediterranean Gas (EMG) with Hussein Salim, USD\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597255,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/egypts-oil-ministry-taps-mohamed-radwan-as-egpc-co-head\/","url_meta":{"origin":602366,"position":4},"title":"Egypt\u2019s Oil Ministry taps Mohamed Radwan as EGPC co-head","author":"enterpriseam admin","date":"21 July 2019","format":false,"excerpt":"MOVES- Oil Minister Tarek El Molla has tapped Mohamed Radwan (LinkedIn) as co-head of the Egyptian General Petroleum Corporation (EGPC), according to Al Masry Al Youm. Radwan was formerly assistant general manager at Apache and EGPC JV Khalda Petroleum Company.","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591785,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/17\/israeli-govt-green-lights-gas-exports-to-egypt\/","url_meta":{"origin":602366,"position":5},"title":"Israeli gov\u2019t green-lights gas exports to Egypt","author":"enterpriseam admin","date":"17 December 2019","format":false,"excerpt":"Israel green-lights gas exports to Egypt: Israeli Energy Minister Yuval Steinitz yesterday gave the all-clear for Israel to begin exporting natural gas to Egypt, paving the way for the first gas shipments to arrive next month, according to the Jerusalem Post. Steinitz called the USD 19.5 bn gas agreement \u201cthe\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/602366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=602366"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/602366\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/602357"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=602366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=602366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=602366"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=602366"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=602366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}