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Home News Business & Economy

Dispute with Lekoil Nigeria: Green Energy International clarifies on court matter

Mediatracnet by Mediatracnet
February 18, 2026
in Business & Economy, News
0
Dispute with Lekoil Nigeria: Green Energy International clarifies on court matter

By Bassey Udo

Green Energy International Limited has provided clarification on media reports relating to a commercial dispute with a service provider, Lekoil Nigeria Limited.

The clarification, which was contained in a statement to reporters on Tuesday, indicated that the issue related to a contractual claim which was subject to dispute resolution through arbitration in accordance with the parties’ agreement.

Consequently, with the underlying dispute properly before an arbitral tribunal, and the sums referenced in some of the media reports remaining unliquidated, Green Energy said they were unable to comment any further as the issues remain under review and audit pursuant to the parties’ contractual arrangements.

“Prior to the reported interim application, Green Energy and Lekoil Nigeria had already commenced proceedings before the Federal High Court in Suit No. FHC/L/CS/225/26, dated 6 Feb 2026, including an application for an anti-suit injunction to protect the agreed arbitration process.

“These processes were duly filed and served on H-PTP before the subsequent court proceedings referenced in media reports.
“As the matter is under active judicial and arbitral consideration, it would be inappropriate to comment further at this stage,” the statement clarified.

The statement further confirmed that both Green Energy and Lekoil Nigeria have continued to operate their assets safely and in full compliance with applicable regulatory and contractual obligations without any disruptions.

“Green Energy and Lekoil Nigeria will vigorously pursue their rights through the appropriate legal and arbitral processes,” the statement said, adding that both companies reserved all rights in respect of any inaccurate or defamatory statements published in connection with this matter.

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