Arbitration Case Alert
Award granting Turkmen national gas company EUR 1.5 billion upheld
22.03.2021
Case Number: 4A_430/2020 (10 February 2020)
The Swiss Supreme Court has upheld an ICC award against the National Iranian Gas Company (NIGC). The dispute arose out of long-term contracts for the supply of gas by Türkmengaz, a Turkmen state-owned entity, to NIGC.