Natural Gas Daily Africa Companies & Finance
Endeavor in arbitration with local partner over Songon13 July 2017
United States-based Endeavor Energy is undergoing arbitration with its local partner, Starenergie2073, over development of the Songon power plant in Ivory Coast, two sources with knowledge of the matter have told Interfax Natural Gas Daily.
The arbitration process, which is taking place in London, is expected to last until February 2018. Until then, it is unclear what progress will be made on the plant, which will have a capacity of 372 MW and run on imported LNG.
The arbitration will focus on the validity of a joint development agreement (JDA) signed by Endeavor and Starenergie and may also include costs Endeavor claims it has incurred from working on Songon, according to one of the sources.
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