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THAI OIL Plc. - Clarification on the Arbitration Process Related to the Clean Fuel Project
The dispute concerns TOP’s enforcement of a guarantee against UJV in the amount of USD358mn on January 24, 2025, which the claimants argue was premature and inappropriate.
What is covered in the Full Insight:
- Introduction to Arbitration Process
- Details of the Dispute and Claim
- TOP's Defense and Position
- Implications for Share Price and Project Costs
- Legal and Contractual Considerations
SUMMARY
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