Total to take Algeria to court
Patrick Pouyanné
“We tried as always to find a mutual agreement first. It failed, so we decided that we would seek arbitration,” Pouyanné said on the sidelines of a conference in France. Total initiated the litigation in May along with its partner in the country, Repsol. The latter declined to comment on the matter.
In 2012, Algeria, through state-run company Sonatrach, settled with US producer Anadarko Petroleum Corporation and Maersk Oil in similar tax rows.
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