ConocoPhillips Company and others v Venezuela - ICSID Case No. ARB/07/30 - Annulment Proceeding - Decision on Annulment - English - 22 January 2025
Country
Year
2025
Summary
Source: icsid.worldbank.org
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VIII. DECISION
956. For the reasons set out above, the Committee unanimously hereby orders as follows:
1. Venezuela's Applications to annul the Award are dismissed;
2. Venezuela shall bear their own costs, fees, and the costs of the annulment proceedings (USD 1,346,568.30) and shall pay the Respondents on Annulment USD 6,460,974.86 for legal fees and for expenses.
3. All other claims and requests are dismissed.
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