Gas and LNG Price Arbitrations
A Practical Handbook
By: James Freeman, Mark Levy
About This Book
This practical new edition contains contributions from leading international arbitration practitioners and arbitrators in the field, in-house counsel and industry experts and 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 builds on the first edition by containing insights into more substantive topics such as hub indexation, the impact on pricing of non-price terms like destination flexibility, and the differences between gas and LNG price reviews.
AI Overview
Overview of "Gas and LNG Price Arbitrations" by James Freeman and Mark Levy
Key Themes:
- International Gas Pricing Disputes: The book focuses on the various aspects of international gas pricing disputes, providing a comprehensive overview of the subject.
- Arbitral Process: It covers the stages of a gas pricing dispute, from drafting the price review clause to triggering a review and all the way through the different stages of the arbitral process.
- Hub Indexation and Non-Price Terms: The book delves into topics such as hub indexation, the impact on pricing of non-price terms like destination flexibility, and the differences between gas and LNG price reviews.
- Procedural Matters: It includes procedural steps that arise before, during, and after arbitration, including contract drafting negotiations, consolidation of arbitrations, written submissions, and the scope of the final award.
- Evidence in Arbitration: The book addresses the central issue of evidence in price reviews, discussing the burden and standard of proof, types of evidence used, and the role of previous arbitral decisions.
Plot Summary: The book is structured into fourteen chapters, each providing a detailed examination of gas price arbitration. It begins with an exploration into the art of drafting price review clauses and their essential elements. The subsequent chapters delve into procedural matters, the role of evidence, and the impact of various factors on gas pricing disputes. The handbook is designed to be practical and useful for practitioners, in-house counsel, and industry experts.
Critical Reception:
- Book Review: The second edition of the handbook has received positive reviews. It is described as an invaluable guide for practitioners and in-house counsel due to its comprehensive coverage of gas pricing disputes.
- Insights and Expertise: The book contains contributions from leading international arbitration practitioners, arbitrators, in-house counsel, and industry experts, making it a trusted source in the field.
- Unique Coverage: Despite the large number of high-value disputes in this area, this book is one of the very few publications to draw together the various strands of gas pricing disputes into one book.
Publication Details:
- Title: Gas and LNG Price Arbitrations: A Practical Handbook
- Edition: Second Edition
- Editors: James Freeman and Mark Levy QC
- Publisher: Globe Law and Business
- Publication Year: 2020
- ISBN: 978-1-787421-92-9
- Pages: 261
The book is a valuable resource for anyone involved in gas and LNG price arbitrations, providing a detailed and practical guide through the complexities of international gas pricing disputes.