RE: Interesting take on Norwegian forums5 Feb 2025 08:29
What were the dates of the below? Just wondering what the interest rate is so as to judge by how much the $9.7M is going up as time progresses?
Anyone done the maths?
"The Arbitral Tribunal has ordered ETAP to pay a principal amount of US$6,139,539, reflecting a revision in the price of Brent crude oil used as a basis of calculation, approximately US$2,700,000 late payment interest levied up to the day of the ICC-1 Arbitration decision