Region: Georgia

Georgia faces renewed claim over oil and gas block

A Gibraltar entity has threatened to bring a US$22 million Energy Charter Treaty claim against Georgia over an oil and gas block – more than a year after its Australian parent company withdrew an ECT claim over the same project.

15 January 2021

Georgian International Arbitration Centre (GIAC)

27 January 2020

Australian investor withdraws ECT claim against Georgia

An Australian energy company has discontinued its US$24 million Energy Charter Treaty claim against Georgia over the termination of a contract for an oil and gas block.

16 October 2019

Georgian International Arbitration Centre (GIAC)

04 January 2019

Georgia

Featured in The European Arbitration Review 2019

22 October 2018

Georgia faces another claim over electricity tariffs

UPDATED. Two Dutch energy companies have filed for ICSID arbitration against Georgia over electricity tariffs, adding to related commercial claims already filed at the Arbitration Institute of the Stockholm Chamber of Commerce.

17 August 2017

Georgian International Arbitration Centre (GIAC)

Featured in Guide to Regional Arbitration (volume 5 - 2017)

30 June 2017

Georgian International Arbitration Centre (GIAC)

Featured in Guide to Regional Arbitration (volume 6 - 2018)

30 June 2017

Georgia faces two new energy tariff claims

A Russian energy company and its Georgian and Dutch subsidiaries have filed a pair of claims worth at least US$123 million against Georgia in a dispute over electricity tariffs following the country’s currency depreciation.

13 June 2017

Kazakh state entity brings claim against Georgia

Kazakhstan’s state-owned gas transportation company KazTransGas has made good on a threat to file a US$180 million treaty claim against Georgia over a project to develop the country’s natural gas network.

18 April 2017

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