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Vanco Energy JV postpones its lawsuit against Ukraine for one week
Journal Staff Report

KIEV, July 10 – A U.S. oil company Vanco Energy-led joint venture said Thursday it had postponed for a week a lawsuit against Ukraine for breaking an agreement for development of a major offshore oil and gas field.

Vanco Prykerchenska, the joint venture, issued a statement a day after a top Ukrainian government official had announced that Vanco had appealed to the International Court of Arbitration in Stockholm.




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