MONROVIA, Oct. 26 -- The Full Bench of the Supreme Court of Liberia is hearing a high-stakes commercial dispute between SRIMEX Oil & Gas Company and the Liberia Petroleum Refining Company (LPRC) over the enforceability of an arbitration clause in a petroleum storage agreement and the government's authority to revise fuel pricing policies.

By Victoria G. Wesseh

The case could have significant implications for contractual rights, state regulatory powers, investor confidence, and the enforcement of arbitration agreements involving state-owned enterprises.

SRIMEX, represented by its President and Chief Executive Officer, Nimba County District #7 Representative Musa Hassan Bility, is seeking a writ of certiorari to review the Commercial Cou...