ICSID - International Centre for Settlement of Investment Disputes

06/20/2024 | Press release | Distributed by Public on 06/20/2024 12:38

MOL Hungarian Oil and Gas Public Limited Company v. Republic of Croatia (ICSID Case No. ARB/24/19)

MOL Hungarian Oil and Gas Public Limited Company v. Republic of Croatia (ICSID Case No. ARB/24/19)

  • Subject of Dispute:
    Hydrocarbon production and distribution enterprise
  • Economic Sector:
    Oil, Gas & Mining
  • Instrument(s) Invoked: (i)
    ECT (Energy Charter Treaty)
  • Applicable Rules:
    ICSID Convention - Arbitration Rules

(a) Original Proceeding

  • Claimant(s)/Nationality(ies): (i)
    Hydrocarbon production and distribution enterprise (Hungarian)
  • Respondent(s):
    Republic of Croatia (Croatian)
  • Date Registered:
    June 20, 2024

  • Party Representatives

  • Claimant(s):
    Dechert, Washington, D.C., U.S.A.
    Queritius, Budapest, Hungary and Zagreb, Croatia
  • Respondent(s):
    Ministry of the Economy and Sustainable Development, Zagreb, Croatia
    State Attorney's Office, Zagreb, Croatia
  • Status of Proceeding:
    Pending
  • Latest Development:
    June 20, 2024 - The Acting Secretary-General registers a request for the institution of arbitration proceedings.

No References Available.

(a) Original Proceeding

Date Development
June 20, 2024

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