Kuwait’s Al-Kharafi wins French court backing to pursue $960m Libya oil assets
Kuwait’s Al-Kharafi Group has secured a major legal victory in France, allowing it to pursue the seizure of assets belonging to Libya’s state-owned National Oil Corporation (NOC) to recover a compensation award now valued at $960.2 million. The Paris Court of Justice rejected Libya’s latest appeal against enforcement measures targeting NOC assets in France. The … The post Kuwait’s Al-Kharafi wins French court backing to pursue $960m Libya oil assets appeared first on Times Kuwait .