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Gujarat State Petroleum Corporation Limited, Alkor Petroo Limited, and Western Drilling Constructors Private Limited v. the Republic of Yemen and the Yemen Ministry of Oil and Minerals, ICC Arbitration No. 19299/MCP (Investment treaty tribunal)

Why it matters

Gujarat State Petroleum Corporation Limited, Alkor Petroo Limited, and Western Drilling Constructors Private Limited v. the Republic of Yemen and the Yemen Ministry of Oil and Minerals, ICC Arbitration No. 19299/MCP, an investment-treaty arbitration in which a foreign investor brought claims against a state. For a student, it is a worked example of investor-state dispute settlement: how a tribunal weighs a state's right to regulate against the treaty protections owed to foreign investors. The tribunal's reasoning is set out in the linked award.

Summary

Gujarat State Petroleum Corporation Limited, Alkor Petroo Limited, and Western Drilling Constructors Private Limited v. the Republic of Yemen and the Yemen Ministry of Oil and Minerals, ICC Arbitration No. 19299/MCP: an investor-state award in italaw/cases/4209, with the Republic of Yemen and the Yemen Ministry of Oil and Minerals, ICC Arbitration No. 19299/MCP as the respondent state. The document is published by italaw, the open database for investment-treaty arbitration. The full reasoning, the treaty relied on and the operative decision are set out in the linked original.

The detail

Parties: Gujarat State Petroleum Corporation Limited, Alkor Petroo Limited, and Western Drilling Constructors Private Limited v. the Republic of Yemen and the Yemen Ministry of Oil and Minerals, ICC Arbitration No. 19299/MCP

Case number: italaw/cases/4209

Outcome: italaw publishes the award in italaw/cases/4209. See the original for the operative decision.

Applicable law: The investment treaty invoked and the applicable arbitration rules (ICSID Convention or UNCITRAL Rules); see the linked award.

Issues in play: A foreign investor's treaty protections against a state's sovereign right to regulate, decided by an investor-state tribunal.

Read the full decision at italaw ↗

Locus Standi links to the source decision and publishes its own plain-language summary. It does not reproduce the text of the award.

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