Iraq takes Greek firm to court

Dubai: The Iraqi government has started legal proceedings against a Greek company responsible for exports of oil from the Kurdish north of the country.

The Iraqi Oil Ministry said it started legal proceedings in a Greek court against Marine Management Services, which operates five vessels, including United Kalavrvta, en route to a port in Galveston, Texas.

"Marine Management Services is liable for damages of at least $318m, and possibly significantly more, as a result of its willing and active participation in the Kurdistan Regional Government's illegal crude oil export scheme," the ministry said.  [09/09/14]

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