Matter
Liman Caspian Oil BV and NCL Dutch Investment BV v. Republic of Kazakhstan (ICSID Case No. ARB/07/14)
- 22 June 2010Arbitration
22 June 2010Arbitration
Award in Liman Caspian Oil BV and NCL Dutch Investment BV v. Republic of Kazakhstan dated 22 June 2010
International Centre for Settlement of Investment Disputes
- Decision summary
- The Tribunal upheld its jurisdiction to consider the claims, found that Kazakhstan was not liable under the Energy Charter Treaty or the Licence, and denied the remaining claims. The costs of arbitration were divided equally between the claimants and Kazakhstan, with each party bearing its own legal representation costs.
Supporting details
20 authorities · 16 participantsLiman Caspian Oil BV
- Representative
- Audley Sheppard (For: Liman Caspian Oil BV)
- Representative
- Alexandros Panayides (For: Liman Caspian Oil BV)
- Representative
- Gareth Kenny (For: Liman Caspian Oil BV)
- Representative
- Christina Schuetz (For: Liman Caspian Oil BV)
NCL Dutch Investment BV
Republic of Kazakhstan
- Representative
- Ali Malek (For: Republic of Kazakhstan)
- Representative
- Christopher Harris (For: Republic of Kazakhstan)
- Representative
- David Warne (For: Republic of Kazakhstan)
- Representative
- Belinda Paisley (For: Republic of Kazakhstan)
- Representative
- Chloe Carswell (For: Republic of Kazakhstan)
- Representative
- Dina Nazargalina (For: Republic of Kazakhstan)
International Centre for Settlement of Investment Disputes
- Arbitrator
- Karl-Heinz Boeckstiegel
- Arbitrator
- Kaj Hober
- Arbitrator
- James Crawford