Jan. 24 at 11:56 PM
$VG Identical Legal Representation: Repsol and Galp are using the same law firm for their respective cases against Venture Global. This ensures that the core arguments regarding "reasonable and prudent operation" and contractual breaches are consistent across both proceedings.
Consistent Precedents: Venture Global has now won two of three major arbitrations (Shell and Repsol), with both tribunals ruling that the company acted as a "reasonable and prudent operator". Venture Global remains confident that remaining cases, including Galp's, will reach the same conclusion.