No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveHarken Case Stalled by Gov’t Disorganization

Harken Case Stalled by Gov’t Disorganization

GOVERNMENT disorganization in the submission of evidence to rescind a contract with Harken Costa Rica Holdings, a subsidiary of the North American firm Harken Energy, to explore and draw oil from the province of Limón, led to suspension of the judicial process surrounding this case last week, the daily La República reported.

On Nov. 29, the financial administrative court resolving the dispute between the state and the oil exploration company which filed a lawsuit against the country after the contract was annulled in 2002 gave the Ministry of the Environment and Energy (MINAE) eight days to present 18 documents that either lacked certification or were missing from the evidence, according to the daily.

The court warned that if the documents were not presented as required, the case could be shelved.

In 2003, Harken submitted and withdrew a request for international arbitration through the Washington D.C.-based InternationalCenter for the Settlement of Investment Disputes, asking for $57 billion, which at that time was equivalent to four times Costa Rica s gross domestic product (TT, Oct. 10, 2003).

However, Harken s contract established that all disputes should be handled through the Costa Rican judicial system. The judicial process started last October, the daily La Nación reported.

 

Trending Now

Guanacaste Volcano Now Most Active in Costa Rica

Rincón de la Vieja has overtaken Turrialba and Poás as Costa Rica's most active volcano, vulcanologists at the National University said this week, after...

Costa Rica Awaits Laura Fernández Cabinet Announcement at Teatro Melico Salazar

Political attention in Costa Rica turns today to the Teatro Popular Melico Salazar, where President-elect Laura Fernández is scheduled to present the cabinet that...

Spirit Airlines Shutdown Strands Central America Travelers

One day after Spirit Airlines ceased all operations, travelers in Costa Rica, Guatemala, Honduras and Belize are scrambling to find seats on other carriers...

Shakira Draws Two Million Fans to Historic Copacabana Beach Concert

Latin pop queen Shakira delighted crowds of two million that packed Rio's famed Copacabana beach under a full moon Saturday, delivering fan-favorite hits and words...

Costa Rica Inauguration to Bring Traffic Delays Near La Sabana

Drivers in San José should expect heavy traffic, detours, and temporary road closures around La Sabana tomorrow, May 8, as Costa Rica holds its...

Habitat Loss Threatens Costa Rica’s Native Monkey Species

Costa Rica’s native monkeys are facing growing pressure as forest loss, coastal development, and habitat fragmentation push several species toward local extinction. Three of...
Avatar
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel