NGP files statutory claim

TAP Oil's dispute with its partner, Thai businessman Chatchai Yenbamroong's Northern Gulf Petroleum, has intensified, with NGP lodging a payment demand from Tap of $US14.6 million ($A19.2 million).

NGP says the payment is overdue, whereas Tap says it intends to make the payment, but only once operator Mubadala Petroleum has finalised the 2P reserves review.


Most read WORLD