Shell eyeing arbitration verdict on Malampaya In 6 months 0 SHARES Share it! “The decision of the ICC (International Chamber of Commerce) in Singapore could be in six months,” Shell Philippines President and CEO Cesar G. Romero has indicated. He said the ICC ruling on the Malampaya tax case will ostensibly “provide clarity on the fiscal regime – which is for P.D. “He (Virata) was there and he actually articulated an interpretation which is the same of that of the (Malampaya) consortium,” the Shell executive said. And since the State auditor, being an independent agency, is not within the imprimatur of the Executive Branch, arbitration had been the ultimate recourse pursued by the Malampaya consortium to settle the tax case.

Source: Manila Bulletin December 20, 2018 13:52 UTC