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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
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
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
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
Greece’s state-owned gas company Depa says it has won a Stockholm-seated ICC arbitration filed against Turkish counterpart Botaş in the latest installment of a 10-year dispute over the price of gas supplied under a pipeline deal.
23 January 2020
Italy’s Eni says it has prevailed in the first phase of a billion-euro arbitration with Dutch trader GasTerra over a price adjustment on gas deliveries under a long-term supply contract.
30 July 2019
A Cairo-seated tribunal has rejected a Spanish company’s price adjustment claim against an Egyptian state-owned gas supplier while dismissing allegations that the underlying contract was procured through corruption – part of a dispute over an LNG plant that has spawned two other pending cases worth US$3 billion.
13 March 2018
A South Korean state-owned entity is pursuing a price review arbitration against the owners of one of Australia’s largest natural resources projects under a contract for the supply of liquefied natural gas.
14 February 2018
GAR Live Energy 2017 closed with a heated debate of the motion – “This house believes that there’s no law in gas pricing arbitration”.
25 January 2018
An ICC tribunal has granted Turkish state pipeline company BOTAŞ a retroactive cut in the price of gas from Iran worth several billion dollars while ordering it to pay part of the Iranian side’s legal and arbitration costs.
22 November 2016
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