Decision in dispute over the Common Area
Article from: TDM 1 (2005), in Case Comments & Awards
On Monday, 17 January 2004, a decision was handed down in the arbitration proceedings on the State's dispute with NAM, Shell and ExxonMobil over the Common Area. Economic Affairs Minister Laurens-Jan Brinkhorst reported this in a letter to the Second Chamber of Parliament. The arbitration proceedings concerned the State's share of a sum of DEM 4.6 billion (EUR 2.35 billion) that NAM received from Brigitta for excess gas that Brigitta had previously taken up. NAM has now paid the customary total basic contribution of some 68% (EUR 1.6 billion) to the State, but did not consider itself ...