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11 Gas Pricing Disputes: Final and Binding Uncertainty

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Chapter Summary

International arbitration texts and arbitration lawyers alike will often extol the virtues of international arbitration as a mechanism of dispute resolution that leads to a final and binding outcome and that promotes predictability. As a general proposition, this is true. In the context of the arbitration of gas pricing disputes, however, questions are being raised not only as to the appropriateness of arbitration as a means to resolve disputes arising out of crossborder gas supply contracts, but also as to whether the outcomes of lengthy and expensive dispute resolution gives the parties the requisite certainty that they had hoped for by electing to submit their disputes to arbitration. This chapter explores some of the factors giving rise to gas pricing disputes and the dispute resolution procedures that may be the most appropriate in light of these factors.

Keywords: arbitration lawyers; gas pricing disputes; gas supply contracts; international arbitration; resolution procedures



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