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JKX Oil & Gas, et al v. Ukraine

Counsel

Allen & Overy London, CMS Cameron McKenna Kiev, and Vinge Stockholm v. Information not publicly available


Case registered

13.02.2015


Forum & reference

Stockholm Chamber of Commerce


Arbitrators

James R. Crawford; Bernard Hanotiau; Michael W. Reisman


Subject matter

Reimbursement of over USD 180 mln in rental fees paid on oil and gas production in the country


Status of proceeding

14.01.2015 - Emergency arbitrator Rudolf Dolzer issued an interim award ordering the state to refrain from imposing royalties on JKX's gas production in excess of 28% while the ECT claim is pending. The latest Decision of Kyiv Appeal Court (21.12.2016) denied the enforcement of the emergency award.”


Claim

Information not publicly available


Award

N/A


www.globalarbitrationreview.com/news/article/33551/ukraine-faces-trio-claims-gas-reforms/