Petroceltic v. Egypt Petroceltic Holdings Limited and Petroceltic Resources Limited v. Arab Republic of Egypt (ICSID Case No. ARB/19/7)
United Kingdom
Hydrocarbon concessions for the onshore Nile Delta, operated through the Mansoura Petroleum Company, a joint venture with the Egyptian Government.
Claims arising out of the alleged failure of the Egyptian General Petroleum Company, a state-owned company, to pay debts owed to the claimants under gas sales agreements.
Primary: B - Mining and quarrying
6 - Extraction of crude petroleum and natural gas
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Binnie, I.
Poncet, C.
Stern, B.
30.00 mln USD
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Arbitrary, unreasonable and/or discriminatory measures

Umbrella clause
Not applicable - settled or discontinued before decision on liability