Dana Gas wins a court order commits Kurdistan to pay $ 100 million in two weeks
has ordered the regional government to pay $ 100 million to Consortium that includes the company within 14 days.
Dana said in a statement to the stock exchange that the court supported the decision of the jury in London that was released in December 2014 committed Kurdistan government to pay the same amount within 30 days.
Consortium, which also includes the UAE's Crescent Petroleum company and OMV Austrian oil and gas company and UAE MOL has filed a lawsuit in London in October 2013 in an effort to ensure its contractual rights and get the due amounts on its production.
Dana Gas said that it has filed a lawsuit to the Supreme Court after Kurdistan government declined from paying . There was no comment from Kurdistan government.