Exxon win is less than expected

Wednesday, 4th January 2012 by Sebastian Perry

Venezuela is claiming victory after an ICC tribunal awarded ExxonMobil a fraction of the US$7 billion it was seeking – but the multinational's ICSID claim against the state will continue.

The ICC award is a fraction of the US$7 billion Exxon had been seeking

The ICC award is a fraction of the US$7 billion Exxon had been seeking (Credit: jarpur)

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