SINOCHEM INTERNATIONAL OIL (LONDON) CO. LTD. v. MOBIL SALES AND SUPPLY CORPORATION AND SINOCHEM INTERNATIONAL OIL CO. LTD. (THIRD PARTY)

[2000] 1 Lloyd's Rep. 670

QUEEN’S BENCH DIVISION(COMMERCIAL COURT)

Before Mr. Justice Rix

Sale of goods (f.o.b.) - Jurisdiction clauses - Stay of action - Sellers sold quantity of crude oil to buyers - Price remained outstanding - Buyers entitled to set off sums allegedly due under contracts between buyers’ affiliates and sellers’ affiliates - Contracts contained Hong Kong and English law and jurisdiction clauses - Whether Hong Kong clause an exclusive jurisdiction clause - Whether Hong Kong more convenient forum - Whether English proceedings should be stayed - Whether third party notice could be served on sellers’ affiliates.