Topic: Gas-pricing disputes

Polish utility brings fresh claim against Gazprom

Polish state gas company PGNiG says it has launched a fresh arbitration against Gazprom concerning interest on overpayments for gas supplied over a six-year period.

19 May 2022

Greek state entity defeats Stockholm set aside bid

Greece’s state-owned gas company Depa has defeated an attempt by Turkish counterpart Botaş to have a Stockholm court set aside a US$227 million ICC award over the price of gas supplied under a pipeline deal.

05 April 2022

Gazprom launches new price review over Polish supplies

UPDATED: Gazprom’s exports arm says it has launched another price review claim under a long-term gas sale agreement with Polish state utility PGNiG – while it continues to try to overturn the outcome of a prior arbitration.

17 January 2022

“Time is of the essence”: Australian gas price review blocked on appeal

Chevron and its partners in a massive Australian gas project have won an appeal preventing a Rio Tinto subsidiary from bringing a price review claim that was notified outside the window stipulated in the contract.

24 November 2021

Gazprom sees off another price review challenge

A Swedish court has rejected a Turkish energy company’s bid to set aside an award in another gas price review arbitration with a subsidiary of Gazprom.

01 November 2021

Gazprom and Eni settle Stockholm arbitration

Russia’s Gazprom Export and Italy’s Eni have agreed to revise the terms of their long-term supply contracts, settling disputes that had gone to arbitration in Stockholm.

29 October 2021

Edison declares win in LNG price review

Italian energy company Edison says it has defeated a price review claim worth several hundred million euros relating to a long-term contract for the purchase of liquefied natural gas from Qatar.

20 September 2021

Turkish gas buyer loses challenge to Gazprom price review award

A Turkish state-owned energy company has failed to set aside an award favouring Gazprom’s exports arm in a gas price review arbitration at the Stockholm Chamber of Commerce – as challenges to awards in similar cases continue in the Swedish courts.

10 June 2021

Rio Tinto gas price review claim not time-barred

An Australian court has ruled that Rio Tinto mining entities can pursue a price review claim against a Chevron consortium, finding that a time stipulation in their gas sale agreement was not essential.

24 September 2020

Gazprom to pay out on billion-dollar gas price award

Russia’s Gazprom has agreed to repay US$1.5 billion to Poland’s state gas utility PGNiG to comply with an award in a gas price review arbitration but says it will continue with efforts to challenge the outcome in the Swedish courts as well as pursuing further price renegotiations.

15 June 2020

Get unlimited access to all Global Arbitration Review content