Case Details

Smart Energy B.V. and PJSC Ukrgazvydobutok v. Ukraine (ICSID Case No. ARB/25/38)

Subject of Dispute:

Oil and gas enterprise
Economic Sector:

Oil, Gas & Mining
Instrument(s) Invoked:

BIT Netherlands - Ukraine 1994
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Smart Energy B.V. (Dutch), PJSC Ukrgazvydobutok (Ukrainian)
Respondent(s):

Ukraine (Ukrainian)
Date Registered:

August 11, 2025

Party Representatives

Claimant(s):

Three Crowns, London, U.K., Paris, France and Washington, D.C., U.S.A.
Iryna Nazarova, Vienna, Austria
Respondent(s):

Ministry of Justice, Kyiv, Ukraine
Clifford Chance, Frankfurt, Germany, Sydney, Australia, and London, U.K.
Status of Proceeding:

Pending
Latest Development:

December 19, 2025 - The Respondent files observations on the Claimants’ request for provisional measures.

No References Available.

(a) Original Proceeding

Date	Development
August 11, 2025	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
October 14, 2025	Following appointment by the Claimants, Stephan Schill (German) accepts his appointment as arbitrator.
October 21, 2025	The Claimants file a request for provisional measures.
December 1, 2025	Following appointment by the Respondent, Zachary Douglas (Australian/Swiss) accepts his appointment as arbitrator.
December 19, 2025	The Respondent files observations on the Claimants’ request for provisional measures.