Dispute concerning the revision of pricing terms in a long-term gas supply contract

#UNCITRAL #oil and gas #Russia #commercial arbitration #price revision

Our experts are currently appointed specialists in arbitration proceedings conducted under the UNCITRAL Rules, representing one of the leading European gas suppliers in a dispute concerning the revision of pricing terms in a long-term gas supply contract. Their mandate involves an in-depth analysis of dynamic shifts within the European energy market, with particular emphasis on the evolving gas sector, as well as the development of a revised gas price formula that aligns with the renegotiated contractual terms. This work addresses the inherent complexities of adjusting gas prices in long-term agreements, where arbitral tribunals carefully evaluate relevant market indices and changing market conditions to establish equitable and sustainable pricing mechanisms. Our experts’ contribution ensures rigorous, market-informed analysis that supports fair resolution in this high-profile energy arbitration.