Tullow Oil

Tax claims referred to international arbitration

  • Sectors : Resource
  • Companies : Tullow Oil

Ratings and price correct at time of issue.

  • Tullow Oil

    Closing Price: 35.2p

  • RATING 15/01/20

  • PREVIOUS RATING 09/12/19

    UNDER REVIEW

DAVY VIEW

Tullow has announced that it has filed two disputed tax assessments made by the Ghana Revenue Authority (GRA) for arbitration with the International Chamber of Commerce in London. While it is frustrating that amicable settlements have not yet been achieved, it is positive that no tax payment can be enforced during the period of arbitration.

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Feb 14 2023, 10:05 GMT

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