Case Details

KrisEnergy Bangladesh Limited v. People’s Republic of Bangladesh and Bangladesh Oil, Gas and Mineral Corporation (ICSID Case No. ARB/22/4)

Subject of Dispute:

Petroleum exploration and production
Economic Sector:

Oil, Gas & Mining
Instrument(s) Invoked:

Contract
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

KrisEnergy Bangladesh Limited (British)
Respondent(s):

People’s Republic of Bangladesh (Bangladeshi), Bangladesh Oil, Gas and Mineral Corporation (Bangladeshi)
Date Registered:

January 26, 2022
Date of Constitution of Tribunal:

May 12, 2022

Composition of Tribunal

President:

Jean Engelmayer KALICKI (U.S.) - Appointed by Co-Arbitrators
Arbitrators:

Klaus REICHERT (German, Irish) - Appointed by the Claimant(s)
Pierre MAYER (French) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Ashurst, London, U.K.
Tanjib Alam & Associates, Dhaka, Bangladesh
Respondent(s):

Foley Hoag, Washington D.C. and New York, NY, U.S.A.
Bangladesh Oil, Gas and Mineral Corporation, Dhaka, People’s Republic of Bangladesh
Moin Ghani, Dhaka, People’s Republic of Bangladesh
Language(s) of Proceeding:

English
Status of Proceeding:

Pending
Latest Development:

October 24, 2023 - The Respondents file a rejoinder on the merits and reply on jurisdiction.

No References Available.

(a) Original Proceeding

Date	Development
January 26, 2022	The Secretary-General registers a request for the institution of arbitration proceedings and fixes time limits pursuant to ICSID Arbitration Rule 39(5) for the parties to present observations on the Claimant’s request for provisional measures contained in the request for arbitration.
February 16, 2022	Following appointment by the Claimant, Klaus Reichert (German/Irish) accepts his appointment as arbitrator.
March 7, 2022	The Respondents file observations on the Claimant’s request for provisional measures.
March 21, 2022	The Claimant files a response to the Respondents’ observations of March 7, 2022.
April 7, 2022	Following appointment by the Respondents, Pierre Mayer (French) accepts his appointment as arbitrator.
April 10, 2022	The Respondents file a reply to the Claimant’s request for provisional measures.
May 12, 2022	Following appointment by her co-arbitrators pursuant to the parties’ agreement, Jean Engelmayer Kalicki (U.S.) accepts her appointment as presiding arbitrator.
May 12, 2022	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Jean Engelmayer Kalicki (U.S.), President, appointed by her co-arbitrators pursuant to the parties’ agreement; Klaus Reichert (German/Irish), appointed by the Claimant; and Pierre Mayer (French), appointed by the Respondents.
June 24, 2022	The Tribunal issues a decision on provisional measures.
June 28, 2022	The Tribunal holds a first session by video conference.
June 30, 2022	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
October 4, 2022	The Claimant files a memorial on the merits.
January 17, 2023	The Respondents file a counter-memorial on the merits and a memorial on jurisdiction.
March 21, 2023	Following exchanges between the parties, each party files a request for the Tribunal to decide on production of documents.
April 10, 2023	The Tribunal issues Procedural Order No. 2 concerning production of documents.
May 4, 2023	The Respondents file a request for provisional measures.
May 19, 2023	The Claimant files observations on the Respondents’ request for provisional measures.
June 2, 2023	The Respondents file a response to the Claimant’s observations of May 19, 2023.
June 6, 2023	The Claimant files a reply on the merits and counter-memorial on jurisdiction.
June 21, 2023	The Claimant files a reply to the Respondents’ response of June 2, 2023.
July 11, 2023	The Tribunal issues a decision on the Respondents’ request for provisional measures of May 4, 2023 and a clarification of the Tribunal’s decision on provisional measures of June 24, 2022.
August 29, 2023	The Tribunal issues Procedural Order No. 3 concerning production of documents.
October 24, 2023	The Respondents file a rejoinder on the merits and reply on jurisdiction.