2011
National Gas v. Egypt National Gas S.A.E. v. Arab Republic of Egypt (ICSID Case No. ARB/11/7)
Egypt
United Arab Emirates
Right to arbitrate under a concession agreement concluded between claimant (allegedly owned by a UAE company) and Egypt's national oil company.
Claims arising out of the decision by Cairo Court of Appeal to set aside a commercial arbitration award rendered in favour of National Gas against the state-owned Egyptian General Petroleum Company under a gas pipelines construction and operation agreement, on the alleged basis that the arbitration clause in the concession agreement had not been approved by the competent authorities as required by Egyptian law.
Tertiary: H - Transportation and storage
49 - Land transport and transport via pipelines
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Veeder, V. V.
Fortier, L. Y.
Stern, B.
Decided in favour of State
36.00 mln USD
Data not available
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
None - jurisdiction declined
None