A Look at the Libyan-American Dispute Resolution Experience
Article from: OGEL 3 (2017), in Middle East, Buy Back Contracts
Introduction
This paper will examine and address: (a) the management of the oil and gas sector through Petroleum Law No 25/1955, its concession contract model and the participation agreement of the 1973 international oil and gas companies that were operating in Libya under the concession contracts; (b) the Management Committee concept under the Libyan petroleum law system; (c) an overview of the legal and contractual provisions arising in oil and gas dispute resolution cases that were subject to International Chamber of Commerce (ICC) arbitration, as well as practical experiences of the ...