Tshisekedi's advisers split over response to $617m arbitration award
The arbitration ruling won by Dig Oil against the DRC has put the head of state's advisers at loggerheads. Felix Tshisekedi's inner circle are pressing him to seek a settlement with the South African oil company, while one of the country's legal advisers is pleading for an energetic legal counter-attack. [...]
$617m arbitration: Dig Oil uses upper edge to corner Tshisekedi
Threatened with a fine equal to 10% of the national budget, the Congolese president has little choice but to negotiate with Dig Oil even as Kinshasa looks for a last ditch attempt to annul the arbitral ruling in favour of the South African oil junior. [...]
Congo's $619m hot potato: who's to deal with Dig Oil over crippling arbitration award?
The DRC is coming under increasing pressure to comply with a 2018 arbitration award of hundreds of millions of dollars in favour of South African junior Dig Oil over the delayed attribution of Cuvette Central blocks. [...]