Entities Seek To Confirm $2.4B Award Against Iranian State-Owned Gas Company

Mealey's (May 19, 2022, 11:55 AM EDT) -- WASHINGTON, D.C. — Two gas companies on May 16 filed a complaint in the U.S. District Court for the District of Columbia against the Islamic Republic of Iran’s state-owned oil company seeking to enforce an arbitral award worth more than $2.4 billion for failure to deliver raw gas after signing a contract agreeing to sell the entities’ gas for 25 years....