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/