Pakistani Energy Sector Parties Challenge Arbitration Awards in the English High Court on the Grounds of ‘Serious Irregularity’
Kluwer Arbitration
JULY 17, 2024
The underlying dispute concerned unpaid invoices under a Gas Supply Agreement (‘ GSA ’) entered into by the Parties in 2016 for the purchase of Regasified Liquefied Natural Gas (‘ RLNG ’) from Sui Northern Gas Pipelines (‘ SNGPL ’). The LCIA arbitral award (the ‘ Award ’) which was challenged involved a withdrawal of PKR 3.3 8.5m) and PKR 9.23
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