May 16 (Reuters) - Niko Resources Ltd
* Writ petition has been filed before Supreme Court of
Bangladesh against company
* Writ petition relates to Feni gas purchase and sales deal
between Petrobangla and NRBL for Feni gas field
* Pending resolution of writ petition, court stayed for a
month any benefit given by GOB, Petrobangla or Bapex to NRBL or
Niko, units
* "Believes that ICSID has exclusive jurisdiction to decide
all disputes relating to Feni GPSA and JVA"
* Niko provides corporate update
Source text for Eikon: ID:nMKW7JBTHa
Further company coverage: NKO.TO
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