ICSID - International Centre for Settlement of Investment Disputes

23/08/2024 | Press release | Distributed by Public on 23/08/2024 22:36

PETRONAS International Corporation Ltd v. Republic of South Sudan (ICSID Case No. ARB/24/36)

PETRONAS International Corporation Ltd v. Republic of South Sudan (ICSID Case No. ARB/24/36)

  • Subject of Dispute:
    Divestment regulation
  • Economic Sector:
    Oil, Gas & Mining
  • Instrument(s) Invoked: (i)
    Investment Law - South Sudan (2009)
  • Applicable Rules:
    ICSID Convention - Arbitration Rules

(a) Original Proceeding

  • Claimant(s)/Nationality(ies): (i)
    PETRONAS International Corporation Ltd (Malaysian)
  • Respondent(s):
    Republic of South Sudan (South Sudanese)
  • Date Registered:
    August 23, 2024

  • Party Representatives

  • Claimant(s):
    Three Crowns, London, U.K.
  • Respondent(s):
    Ministry of Justice and Constitutional Affairs, Juba, South Sudan
    Ministry of Petroleum, Juba, South Sudan
    Ministry of Presidential Affairs, Juba, South Sudan
  • Status of Proceeding:
    Pending
  • Latest Development:
    August 23, 2024 - The Acting Secretary-General registers a request for the institution of arbitration proceedings.

No References Available.

(a) Original Proceeding

Date Development
August 23, 2024

The Acting Secretary-General registers a request for the institution of arbitration proceedings.