Italy fails to knock out intra-EU claim over oil field
The Ombrina Mare oil and gas field is located off the coast of Italy's Abruzzo region (Credit: iStock/e55evu)
LINK TO DECISION ADDED: An ICSID tribunal has upheld jurisdiction over a British company’s claim against Italy concerning an oil and gas field in the Adriatic – finding that it is not precluded from hearing an intra-EU dispute under the Energy Charter Treaty.
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