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Zenith Energy: Tunisia Fails to Pay International Arbitration Costs

MT Newswires·11/09/2026 05:53:22
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05:53 AM EST, 11/09/2026 (MT Newswires) -- The Republic of Tunisia failed to pay its outstanding share of costs in an international arbitration brought by Zenith Energy's (ZEN.L, ZENA.OL) UK subsidiaries. The International Centre for Settlement of Investment Disputes renewed its request for Tunisia to settle its costs, which the Canadian energy company's units have covered since the proceedings began, according to a Monday release. The arbitration concerns claims of approximately $573 million under a bilateral investment treaty between the UK and Tunisia.