2021
Misen v. Ukraine Misen Energy AB (publ) and Misen Enterprises AB v. Ukraine (ICSID Case No. ARB/21/15)
Ukraine
Sweden
Rights to produce hydrocarbons under a joint activity agreement between Misen Enterprises AB and the local subsidiary LLC Karpatygaz (together 50.01%) concluded with JSC Ukrgasvydobuvannya (49.99%), a subsidiary of the NJSC Naftogaz of Ukraine.
Claims arising out of the Government’s imposition of a 70% subsoil use charge for the production of natural gas from depths of up to 5,000 meters, applying to enterprises established under joint activity agreements. According to the claimants, this led to the termination of the joint activity agreement for gas production in which the claimants and a local subsidiary held the majority interest.
Primary: B - Mining and quarrying
6 - Extraction of crude petroleum and natural gas
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Paulsson, J.
Alexandrov, S. A.
Reisman, W. M.
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Pending
None