Azpetrol International Holdings B.V., Azpetrol Group B.V. and Azpetrol Oil services Group B.V. v. Azerbaijan, ICSID Case No. ARB/06/15

  • Flowchart              
  • >Subject matter of the dispute: Claims arising out of Azpetrol International Holdings’s loss of its shares in local companies, after an Azerbaijan court decided the original purchase contract had been ineffective, and returned the shares to their former owner
  • >Amount claimed:Not specified
  • >Amount awarded: ZERO
  • >Costs of arbitration: Not specified
  • >Award legal costs: Each party bears its own legal costs
  • >Award costs of arbitration: Each party bears its own legal costs



8 September 2009

Arbitral Award