The ACR provides for the exclusive jurisdiction of the Libyan courts for all disputes based on a government contract.

Even though Libya has not ratified the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, arbitration awards issued by arbitrators of foreign jurisdictions can be enforced in Libya.

Libya has excellent conditions for renewable energies both in the fields of solar and wind energy, though the tremendous potential is thus far untapped.

Following the decision of Rose J on 8 June 2015 setting aside a statutory demand served on Mr Maud, the Libyan Investment Authority appealed to the Court of Appeal.

Recent civil unrest and violence in Libya raises grave political and humanitarian concerns.

The Petroleum Law No. 25 of 1955 is considered the authoritative legal text for the Libyan oil industry.

Tribunals, whether national or international, exercise discretion when awarding lost-profits claims since such claims involve complex economic and financial data.