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ANH moving to terminate Interoil Cor-6, LLA-47 licenses

Thursday, October 16th, 2014 Category: Regulations & Policy
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ANH moving to terminate Interoil Cor-6, LLA-47 licenses

Interoil (OL:IOX) says that the National Hydrocarbons Agency (ANH) wants to terminate two of its production licenses for the LLA-47 and COR-6 blocks over unpaid bank guarantees and breach of contract. The company says that in COR-6 social and environmental conditions make work impossible.

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