2020
Amorrortu v. Peru Bacilio Amorrortu v. The Republic of Peru (PCA Case No. 2020-11)
Peru
United States of America
Investments in Baspetrol S.A.C., a company operating in the oil and gas field.
Claims arising out of the decision of PeruPetro, a state-owned petroleum company, to conduct a public bidding process for operating Blocks III and IV of the Talara Basin crude oil reserve, which allegedly deprived the claimant’s company Baspetrol of its right to negotiate directly with PeruPetro. According to the claimant, Baspetrol was allegedly unfairly excluded from the bidding process and PeruPetro awarded the licences to local company Graña y Montero S.A., allegedly as part of a corruption scheme involving the then Government.
Primary: B - Mining and quarrying
9 - Mining support service activities
UNCITRAL
PCA (Permanent Court of Arbitration)
Binnie, I.
Hanotiau, B.
Landau, T.
Data not available
Data not available
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
Pending
None