Sudan asks ONGC to withdraw $400 mn arbitration on oil dues
Sudan has requested ONGC Videsh to withdraw arbitration proceedings against the African nation for recovery of over $400 million in unpaid oil dues. ONGC is seeking to recover dues pending since 2011 from a project hit by South Sudan's secession. However, ONGC said it would continue with the arbitration process and work simultaneously with Sudan to find a workable solution.