Case Details

Chevron Bangladesh Block Twelve, Ltd. and Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd. v. People’s Republic of Bangladesh and Bangladesh Oil Gas and Mineral Corporation (ICSID Case No. ARB/24/39)

Subject of Dispute:

Exploration, development, and production of natural gas
Economic Sector:

Oil, Gas & Mining
Instrument(s) Invoked:

Contract
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Chevron Bangladesh Block Twelve, Ltd. (British), Chevron Bangladesh Blocks Thirteen and Fourteen, Ltd. (British)
Respondent(s):

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

August 30, 2024
Date of Constitution of Tribunal:

January 30, 2025

Composition of Tribunal

President:

Roger STEWART (British) - Appointed by the Parties
Arbitrators:

Stephen L. DRYMER (Canadian) - Appointed by the Claimant(s)
Jorge E. VIÑUALES (Argentine, Swiss) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

A&O Shearman, London, U.K.
Accord Chambers, Dhaka, Bangladesh
Three Crowns, Washington, D.C., U.S.A.
Respondent(s):

Bangladesh Oil, Gas and Mineral Corporation
Ministry of Power, Energy and Mineral Resources, Bangladesh
Foley Hoag, New York, NY, U.S.A.
Language(s) of Proceeding:

English
Status of Proceeding:

Pending
Latest Development:

June 12, 2026 - The Tribunal issues Procedural Order No. 3 concerning production of documents.

No References Available.

(a) Original Proceeding

Date	Development
August 30, 2024	The Secretary-General registers a request for the institution of arbitration proceedings.
October 28, 2024	Following appointment by the Respondent, Jorge E. Viñuales (Argentine/Swiss) accepts his appointment as arbitrator.
October 29, 2024	Following appointment by the Claimants, Stephen L. Drymer (Canadian) accepts his appointment as arbitrator.
January 30, 2025	Following appointment by agreement of the parties, Roger Stewart (British) accepts his appointment as presiding arbitrator.
January 30, 2025	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Roger Stewart (British), President, appointed by agreement of the parties; Stephen L. Drymer (Canadian), appointed by the Claimants; and Jorge E. Viñuales (Argentine/Swiss), appointed by the Respondents.
March 17, 2025	The Tribunal holds a first session by video conference.
April 4, 2025	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
April 7, 2025	The Tribunal issues Procedural Order No. 2 concerning transparency and confidentiality.
June 30, 2025	The Claimants file a memorial on the merits.
October 13, 2025	The Respondents file a counter-memorial on the merits, including counter-claims.
December 15, 2025	Following exchanges between the parties, the Parties file a request for the Tribunal to decide on production of documents
January 8, 2026	The Tribunal decides on production of documents.
April 10, 2026	The Respondents file a request for the Tribunal to decide on production of documents.
April 20, 2026	The Claimants file a reply on the merits and counter-memorial on the counter-claims.
April 24, 2026	The Claimants file observations on the Respondents’ request for the Tribunal to decide on production of documents.
May 5, 2026	The Respondents file a response to the Claimants’ observations of April 24, 2026.
June 12, 2026	The Tribunal issues Procedural Order No. 3 concerning production of documents.