Middle East
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]