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"content": "September, 2009. Engenâs proposal for the matter to be referred to Mr. Kairo for arbitration has been agreed to by both parties. Petrol Oil proposes the matter to be referred for arbitration. Application to refer the dispute for arbitration is dated 11th May, 2009. It was scheduled for hearing on 25th June, 2009, but the same was stood over as the judge is now on transfer. The court directed that the matter be fixed for hearing on priority basis . The KPC external lawyers are following up on the matter. On Glencore (K) Ltd., application to refer the matter for arbitration was made on 23rd April, 2009. With regard to Enoc Singapore, the drafting of an arbitration agreement is underway between the two parties. For Maureen, a letter of claim dated 27th March, 2009, was received on 6th April, in regard to the claim by the company. The process of appointing an arbitrator by the parties is going on. With regard to Gapco (K) Limited, a letter dated 15th March, 2009, was sent by KPC advocates to Gapco requesting information to support the claim. We are also trying to see how we can appoint an arbitrator together. With regard to Eco Bank, there are questions as to whether they over-supplied fuel under the CFN agreement. So, the lawyers are now exchanging papers. I have no particular case numbers, but that shows that the cases are being discussed between the parties and others are a subject of arbitration. Our discussions publicly might prejudice our position."
}