Case Details

NiQuan Energy LLC and NiQuan Energy Trinidad Limited v. Republic of Trinidad and Tobago (ICSID Case No. ARB/24/17)

Claimant(s)/Nationality(ies):

NiQuan Energy LLC (U.S.), NiQuan Energy Trinidad Limited (Trinidadian/Tobagonian)
Respondent(s):

Republic of Trinidad and Tobago (Trinidadian/Tobagonian)
Date Registered:

May 31, 2024
Date of Constitution of Tribunal:

October 10, 2024

President:

Laurent LÉVY (Brazilian, Swiss) - Appointed by the Parties
Arbitrators:

Stanimir A. ALEXANDROV (Bulgarian) - Appointed by the Claimant(s)
Zachary DOUGLAS (Australian, Swiss) - Appointed by the Respondent(s)

Claimant(s):

Baker McKenzie, London, U.K. and New York, NY, U.S.A.
Respondent(s):

Steptoe International, London, U.K.
The Legal Consultancy, Port of Spain, Trinidad and Tobago
Office of the Attorney General and Ministry of Legal Affairs, Port of Spain, Trinidad and Tobago
Minister of Energy and Energy Industries, Port of Spain, Trinidad and Tobago
Language(s) of Proceeding:

English
Status of Proceeding:

Pending
Latest Development:

February 25, 2025 - The Respondent files a response to the Claimants’ observations of February 18, 2025.

Procedural Order No. 1

Procedural Order No. 1 (December 11, 2024) English (Original)

Date	Development
May 31, 2024	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
August 29, 2024	Following appointment by the Respondent, Zachary Douglas (Australia/Switzerland) accepts his appointment as arbitrator.
September 6, 2024	Following appointment by the Claimants, Stanimir Alexandrov (Bulgarian) accepts his appointment as arbitrator.
October 10, 2024	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Laurent Lévy (Brazilian/Swiss), President, appointed by agreement of the parties; Stanimir A. Alexandrov (Bulgarian), appointed by the Claimants; and Zachary Douglas, (Australian/Swiss), appointed by the Respondent.
October 10, 2024	Following appointment by agreement of the parties, Laurent Lévy (Brazilian/Swiss) accepts his appointment as presiding arbitrator.
December 3, 2024	The Tribunal holds a first session by video conference.
December 12, 2024	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
January 20, 2025	The Respondent files a request for security for costs.
February 18, 2025	The Claimants file observations on the Respondent’s request for security for costs.
February 25, 2025	The Respondent files a response to the Claimants’ observations of February 18, 2025.