Trasta v. Libya Trasta Energy Limited v. The State of Libya (PCA Case No. 2020-09)
United Arab Emirates
Investments in an oil refinery in Ras Lanuf, Libya, as part of a joint venture with Libya’s National Oil Corporation (NOC).
Claims arising out of the Government’s alleged failure to protect the claimant’s investment in an oil refinery since the start of the civil war in Libya in 2011, including acts and omissions by the claimant’s joint venture partner NOC. According to the claimant, the oil refinery was damaged due to occupation and misuse, and it had to cease operations in 2013.
Secondary: C - Manufacturing
19 - Manufacture of coke and refined petroleum products
PCA (Permanent Court of Arbitration)
Name not available
Aynès, L.
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