Transport Infrastructure
Frontera's disagreement with Guyana over overseas license might litigate
Torontolisted Frontera Energy and partner CGX Energy are looking for options to deal with a disagreement with Guyana over rights to retain an overseas block where they discovered oil, however need to they fail to reach an agreement, the matter is set to go to an arbitration court, the vice president stated. Guyanese Vice President Bharrat Jagdeo said in August the government had chosen not to approve the companies' application to evaluate a discovery in the block, which would have provided them more time with the license, as the South American country was not confident the firms could find a...