Case Details

World Natural Resources Ltd v. Republic of Congo (ICSID Case No. ARB/21/24)

Subject of Dispute:

Oil & Gas license ownership rights
Economic Sector:

Oil, Gas & Mining
Instrument(s) Invoked:

BIT Congo, Republic of - United Kingdom of Great Britain and Northern Ireland 1989
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

World Natural Resources Ltd (British)
Respondent(s):

Republic of Congo (Congolese)
Date Registered:

May 12, 2021

Party Representatives

Claimant(s):

Audit Duprey Fekl, Paris, France
TALMA Dispute Resolution, Paris, France
Respondent(s):

Cabinet Jeantet – Avocats, Paris, France
Cabinet Grossmann – Avocats, Paris, France
Curtis, Mallet-Prevost, Colt & Mosle, Paris, France and Brussels, Belgium
Status of Proceeding:

Pending
Latest Development:

March 7, 2024 -
The proceeding is suspended pursuant to the parties’ agreement.

No References Available.

(a) Original Proceeding

Date	Development
May 12, 2021	The Secretary-General registers a request for the institution of arbitration proceedings.
May 11, 2022	Following appointment by the Claimant, Barton Legum (U.S.) accepts his appointment as arbitrator.
March 24, 2023	Following appointment by the Respondent, Eduardo Silva Romero (Colombian/French) accepts his appointment as arbitrator.
March 7, 2024	The proceeding is suspended pursuant to the parties’ agreement.