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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Gas Price Arbitrations: A Practical Handbook

Edited by: Mark Levy

ISBN13: 9781905783779
Published: February 2014
Publisher: Globe Law and Business
Country of Publication: UK
Format: Hardback
Price: £140.00

In stock.

Volatility in the commodity markets - together with events such as the financial crisis, liberalisation of the gas markets in Europe, the development of gas hubs and the continuing influx of liquefied natural gas (LNG) into Europe - has put increasing pressure on pricing in many long-term gas sales agreements into continental Europe. This has led to a huge rise in the number of gas price review disputes, many of which require determination before an international arbitral tribunal.

This practical new handbook covers the various aspects of international gas pricing disputes. It contains contributions from leading international arbitration practitioners and arbitrators in the field, in-house counsel and industry experts. It covers the various stages of a gas pricing dispute, from drafting the clause to triggering a review, all the way through the various stages of the arbitral process. It also contains insights into how pricing in Europe may develop in the future and the effect that this may have on dispute resolution.

Despite the large number of high-value disputes in this area, this is one of the very few publications to draw together the various strands of gas pricing disputes into one book. It is therefore an invaluable guide for practitioners, in-house counsel and anyone else with an interest in this area.

Arbitration and Dispute Resolution, Energy and Natural Resources Law
Preface - Professor Lord Stern, Oxford Institute for Energy Studies
Drafting an effective price review clause - Mark Levy, Allen & Overy LLP
Procedural issues arising in price review arbitrations - Michael Young, Allen & Overy LLP
The trigger phase Marnix Leijten - Martje de Vries, Lentsch De Brauw Blackstone Westbroek
Confidentiality and price review arbitrations - Philippe Pinsolle, Shearman & Sterling
Changes of circumstances under civil law systems - Michael Polkinghorne, White & Case (Paris)
Role of an arbitrator in price review arbitrations - George von Mehren, Squire Sanders (US) LLP
Price reviews from the client’s perspective – is arbitration the best route? Tristram Kennedy-Harper, Shell
Role of the expert in price review arbitrations - Boaz Moselle, FTI Consulting
The adjustment phase - David Mildon QC, Essex Road Chambers
Different procedures for resolving price disputes - Paul Griffin & Frances van Eupen, Allen & Overy LLP