ICC tribunal rejects claim against gas storage operator

Today, a tribunal of the International Chamber of Commerce rejected as unfounded a claim brought by an Austrian energy company against the Austrian gas storage operator RAG Energy Storage (“RAG“) for failing to adjust the terms of a natural gas storage agreement.

Frontier (Europe) acted as economic expert on behalf of RAG in relation to the arbitration.

Frontier (Europe) regularly advises clients in disputes concerning power and gas supply contracts, as well as infrastructure contracts (storage, network access). Frontier regularly acts as an expert witness and has appeared in public hearings and arbitral hearings across Europe.

For more information, please contact Miriam Rau at m.rau@frontier-economics.com or call +49 221 337 131 00.

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