Case Details

Victoria Oil & Gas Plc (in Administration), Victoria Energy Central Asia UK Limited and Victoria Energy Central Asia LLP v. Republic of Kazakhstan (ICSID Case No. ARB/25/13)

Subject of Dispute:

Hydrocarbon project
Economic Sector:

Oil, Gas & Mining
Instrument(s) Invoked:

ECT (Energy Charter Treaty)
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Victoria Oil & Gas Plc (in Administration) (British), Victoria Energy Central Asia UK Limited (British), Victoria Energy Central Asia LLP (Kazakhstani)
Respondent(s):

Republic of Kazakhstan (Kazakhstani)
Date Registered:

March 21, 2025
Date of Constitution of Tribunal:

October 30, 2025

Composition of Tribunal

President:

Lucinda A. LOW (U.S.) - Appointed by the Parties
Arbitrators:

Stephan SCHILL (German) - Appointed by the Claimant(s)
Miriam K. HARWOOD (U.S.) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Vasani International Arbitration, London, U.K.
Baiju Vasani, London, U.K.
Respondent(s):

Ministry of Justice, Astana, Kazakhstan
Latham & Watkins, London, U.K.
Status of Proceeding:

Pending
Latest Development:

December 12, 2025 - The Tribunal holds a first session by video conference.

No References Available.

(a) Original Proceeding

Date	Development
March 21, 2025	The Secretary-General registers a request for the institution of arbitration proceedings.
April 7, 2025	Following appointment by the Claimants, Stephan Schill (German) accepts his appointment as arbitrator.
May 5, 2025	Following appointment by the Respondent, Miriam Harwood (U.S.) accepts her appointment as arbitrator.
October 28, 2025	Following appointment by the parties, Lucinda Low (U.S.) accepts her appointment as presiding arbitrator.
October 30, 2025	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Lucinda Low (U.S.), President, appointed by agreement of the parties; Stephan Schill (German), appointed by the Claimants; and Miriam Harwood (U.S.), appointed by the Respondent.
December 12, 2025	The Tribunal holds a first session by video conference.