Williams Files Arbitration Claim After Venezuelan Seizures
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Williams Companies Inc. filed for international arbitration against Venezuela, seeking compensation for two natural-gas compression facilities taken by President Hugo Chavez in 2009.
Williams filed for arbitration with the International Centre for Settlement of Investment Disputes on March 25, said Jeff Pounds, a spokesman for the Tulsa, Oklahoma-based pipeline operator. He declined to comment on how much the company is seeking in compensation.