Galp Escalates a €150 Million Mozambique Tax Dispute to World Bank Arbitration
Galp has filed for international arbitration against Mozambique at the World Bank's ICSID over a €150 million tax bill. The dispute follows Galp's March 2025 sale of its 10% Rovuma Basin gas stake to ADNOC; Mozambique's tax authority values the taxable gain at €920 million, while Galp puts it 35 tim