TC Energy Faces Setback In Pursuit Of NAFTA Damages: Details
TC Energy Faces Setback In Pursuit Of NAFTA Damages: Details
TC Energy Corporation (NYSE:TRP) shares are trading slightly lower premarket today. The company expressed disappointment after the Tribunal overseeing its claim for over $15 billion in damages has determined in a jurisdictional ruling that the claim cannot proceed.
TC Energy Corporation (纽交所股票代码: TRP)的股票今天盘前略有下跌。该公司对仲裁庭裁决其索赔超过150亿美元无法继续进行表示失望。
The claims resulted from the January 20, 2021 revocation of the Presidential Permit for the Keystone XL Project.
这些索赔是因为2021年1月20日吊销科恩斯顿XL项目的总统许可证。
The Tribunal's decision, based on Annex 14-C of the USMCA replacing NAFTA on July 1, 2020, found that while investments under NAFTA were protected until July 1, 2023, this protection applies only to breaches occurring before July 1, 2020.
仲裁庭根据于2020年7月1日取代北美自由贸易协定 (NAFTA) 的美国-墨西哥-加拿大协议附录14-C，裁定虽然 NAFTA 协议下的投资受到保护直至2023年7月1日，但此保护只适用于2020年7月1日之前发生的违约行为。 因此，仲裁庭得出结论，它没有权利确定吊销总统许可证是否违反 NAFTA 在第11章A节中概述的义务。
Thus, the Tribunal concluded it lacked jurisdiction to determine if revoking the Presidential Permit violated NAFTA's obligations outlined in Section A of Chapter 11.
因此，仲裁庭认为它无权确定吊销总统许可证是否违反了第11章A节规定的 NAFTA 的义务。
Patrick Keys, Executive Vice-President and General Counsel, TC Energy stated, "We are both disappointed and frustrated with the Tribunal's decision to deny our right to bring a legacy NAFTA claim."
TC能源公司法律部执行副总裁Patrick Keys表示:"仲裁庭拒绝我们提起一个传统的北美自由贸易协定的设‘立遗产’诉讼权的决定让我们失望和沮丧。"
"This ruling does not align with our expectations and views of the plain interpretation of the protections NAFTA and the USMCA were designed to offer. TC Energy was treated unfairly and inequitably in the revocation of the Permit, which was driven by political considerations."
"这个裁决与我们对 NAFTA 和美墨加自协议所设计的保护的明确解释和期望不一致。在吊销许可证的事件中，TC能源公司受到不公正和不公平的对待，这是由政治考虑所驱动的。"
TC Energy has not included any potential NAFTA claim recoveries in its financial statements or outlook.
TC Energy在其基本报表或展望中没有包括任何潜在的 NAFTA 索偿。
Keystone XL, designed to transport 830,000 barrels per day from Alberta, Canada, to the U.S. Midwest, faced over a decade of environmental and regulatory challenges before its permit was revoked, reported Reuters.
据路透社报道，Keystone XL项目旨在将每天从加拿大阿尔伯塔省运输830,000桶原油到美国中西部。该项目在取得许可证之前面临超过十年的环境和监管挑战。
President Joe Biden revoked the pipeline's permit a year after NAFTA ended in July 2020, replaced by the United States-Mexico-Canada Agreement (USMCA).
美国总统乔·拜登在北美自由贸易协定于2020年7月结束并由美国-墨西哥-加拿大协议取代一年后吊销了该管道的许可证。
Also Read: TC Energy Shareholders Approve Spin-Off Of Liquids Pipeline Business: Report
另请参阅：据报道，TC Energy股东批准分拆液体管道业务。
Investors can gain exposure to the stock via VanEck Energy Income ETF (NYSE:EINC) and IPath Select MLP ETN (BATS:ATMP).
投资者可以通过VanEck能源收益ETF (纽交所代码：EINC)和IPath Select MLP ETN (BATS代码：ATMP)获得该股票的投资收益。
Price Action: TRP shares are down 0.18% at $39.87 premarket at the last check Wednesday.
截至本周三最后一次检查时，TRP股价盘前下跌0.18%，报39.87美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免责声明：本内容部分使用人工智能工具生成，并经Benzinga编辑审核发布。