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Project Insights

Endeavor in arbitration with local partner over Songon

Endeavor and Starenergie dispute the validity of the joint development agreement for the power plant project Endeavor and Starenergie dispute the validity of the joint development agreement for the power plant project.
By Miriam Malek 13 July 2017 Middle East & Africa / Companies & Finance 0 26744
A power plant near Abidjan, Ivory Coast. (USAID)

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...