Re: Exxon Wins $749M for Nationalized Venezuela Assets
in response to
by
posted on
Jan 01, 2012 06:31AM
Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
apparently the icsid case is a different matter.
http://www.businessweek.com/news/2011-12-31/exxon-gets-disappointing-750-million-after-venezuela-seizure.html
"Exxon Mobil was the first international oil company to abandon Venezuela after Chavez’s government expropriated the nation’s oil industry. The World Bank’s International Centre for Settlement of Investment Disputes, or ICSID, is also due to rule on the claim in a suit filed against the Venezuelan government."
happy new ywar all!