AGIP SpA v People's Republic of the Congo, ICSID Case No ARB/77/1
Year (case):
1979Year (treaty):
1974
Time period:
1950-2000Jurisdiction/region:
Central Africa
State/territory:
Congo (Republic of)
Document language:
French
Dispute resolution method:
Arbitration
Classification:
Investor-StateLegal instrument:
Contract
Presiding or sole arbitrator:
Jørgen Trolle (Denmark)
Other members of tribunal/commission:
René-Jean Dupuy (France);Fuad Rouhani (Iran)Nationality of arbitrator:
DenmarkFrance
Iran
Citation:
AGIP SpA v People's Republic of the Congo, ICSID Case No ARB/77/1
Description:
This case centers on the nationalization of the claimant’s petroleum distribution company pursuant to Law No. 1/74, which brought the petroleum distribution sector under state control. Among its claims, the claimant argued that the nationalization hindered its ability to meet contractual obligations to third parties.