London—An arbitration court in London has dismissed a $250 million claim by Poland’s biggest refiner PKN Orlen against Yukos International related to the 2006 sale of Yukos’ majority stake in the Mazeikiu Nafta refinery in Lithuania. The final and full ruling of the International Chamber of Commerce Court of Arbitration “dismissed all of PKN’s claims,” Yukos, once Russia’s largest oil producer, said May 7.
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