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Mercuria Energy Group Ltd. (Cyprus) v. Republic of Poland


Shearman & Sterling LLP (P. Pinsolle & Y. Banifatemi) v. Clifford Chance LLP (A. Sheppard & B. Kruzewski) and Public Prosecutor's office (R. Zajdler)

Case registered


Forum & reference

Arbitration Institute of the SCC


Pierre Tercier (Chair); Albert Jan van den Berg; Vaughan Lowe QC

Subject matter

Mandatory fuel reserves

Status of proceeding

Final award rendered in December 2011

Tribunal constituted (announced on 22.01.2009 at

Claimant announces that, on 17.12.2009, the Tribunal rejected the jurisdictional objection raised by the Respondent (Mercuria website)

Final award rendered in December 2011, rejecting Mercuria's claims

(reported by the Investment Arbitration Reporter at


USD 700 million (


Information not publicly available