Shell, BP File For Arbitration Against Venture Global LNG, Reuters Reports
July 12 2023 - 5:17AM
Dow Jones News
-- British energy majors Shell and BP have separately filed for
arbitration against U.S. exporter Venture Global LNG for failing to
supply contracted cargoes, Reuters reports citing unnamed
sources.
-- Shell and BP missed out on billions of dollars in sales
because they didn't receive their contracted fuel, according to
Reuters.
- Venture Global LNG, and BP didn't immediately reply to a
request for comment. A Shell spokesperson declined to comment.
Full story: https://tinyurl.com/2zzyevc6
Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
July 12, 2023 05:02 ET (09:02 GMT)
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