Enagás’ CEO revealed that the arbitration amount concerning their Peruvian pipeline investment could rise. They are discussing payment details with the government following a reported capital loss of €245.7 million related to the Gasoducto Sur Peruano project.
Enagás’ CEO indicated that the arbitration amount related to the company’s investment in Peru might increase. During a recent conference call with investors and analysts, CEO Gonzalo emphasized that they are open to negotiations regarding payment issues with the Peruvian government. The company has reported a substantial capital loss of €245.7 million linked to the arbitration concerning their natural gas pipeline project, known as Gasoducto Sur Peruano (GSP).
The key points of this article highlight Enagás’ willingness to negotiate with the Peruvian government regarding arbitration amounts, following a reported capital loss. This situation emphasizes the financial implications of the Gasoducto Sur Peruano project and the ongoing disputes that may impact future operations in the region.
Original Source: www.marketscreener.com
