Orca Energy Group Inc. announces arbitrations against the United Republic of Tanzania and Tanzania Petroleum Development Corporation over US$1.2 billion Project
TANZANIA, AUG 1 – Orca Energy alleges Tanzania breached agreements by failing to extend licenses, imposing unfavorable terms, and withholding royalties in the $1.2 billion Songo Songo gas project, prompting arbitration.
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Orca Energy Group Inc. announces arbitrations against the United Republic of Tanzania and Tanzania Petroleum Development Corporation over US$1.2 billion Project
TORTOLA, British Virgin Islands, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Orca Energy Group Inc. (“Orca” or the “Company” and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) announces that:
·Peterborough, Canada
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Total News Sources8
Leaning Left7Leaning Right0Center1Last UpdatedBias Distribution88% Left
Bias Distribution
- 88% of the sources lean Left
88% Left
L 88%
13%
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