"...The fact that the international energy industry very often deals with huge, intricate capital-intensive projects that have long life spans or lead times, means that circumstances, economics and sometimes, even participants invariably change.
These alterations or changes often result in disputes. This reality is underscored by the fact that the international oil and gas industry disputes make up the largest portfolio of commercial and State investment disputes before international investment disputes settlement bodies and agencies..."
Web-link: http://www.businessdayonline.com/NG/index.php/law/legal-culture/27649--managing-...
Source: Business Day Online
Language: English
Contact: Ayodele Oni - ayodeleoni@yahoo.com