Lebanese Firm takes Arbitration Case against Iraq

(MENAFN- Iraq Business News)

By John Lee.

Lebanese company Primesouth International Offshore has commenced arbitration proceedings against Iraq at the International Centre for Settlement of Investment Disputes (ICSID) .

Details of the dispute have not been released, but in 2020 the company was reported to have signed a two-year contract, along with China CAMC Engineering Co (CAMCE) , to install 640 MW of generating capacity at the Al-Doura [Dora] power plant near Baghdad.

The claimant will be represented by Gibson, Dunn & Crutcher , of New York, and El-Aref International Law Office in Beirut, while the Republic of Iraq will be represented by New York-based Squire Patton Boggs ,

(Sources: ICSID, Energy Central)


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