Lloyd's Law Reporter
NATIONAL IRANIAN OIL CO V CRESCENT PETROLEUM CO INTERNATIONAL LTD AND ANOTHER
[2022] EWHC 2641 (Comm), King’s Bench Division, Commercial Court, Mr Justice Foxton, 21 October 2022
Arbitration – Jurisdiction – Arbitration Act 1996, sections 67 and 73 – Objection taken to jurisdiction in the arbitration – Challenge to award for want of jurisdiction – Whether appeal based on same grounds – Whether tribunal acted without jurisdiction
In April 2001 a gas sale and purchase contract (GSPC) was entered into between CGC’s predecessor in title and NIOC for the supply of gas from Iran to the UAE for 25 years. The GSPC was governed by Iranian law and disputes were to be referred to arbitration.