Oil and Gas Arbitration in the Asia-Pacific Region

Oil and Gas Arbitration in the Asia-Pacific Region

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An extract from the 2020 edition of GAR’s The Asia-Pacific Arbitration Review, first published in June 2019. The whole publication is available at https://globalarbitrationreview.com/edition/1001336/the-asia-pacific-arbitration-review-2020.

Excerpt: The increased use of arbitration by parties in the Asia-Pacific region has been a consistent trend over the past decade and shows little sign of abating. The Singapore International Arbitration Centre (SIAC), for example, recently announced that it administered 402 new cases in 2018, up 17 per cent from 343 new cases in 2016 and a 48 per cent increase from the 271 new cases filed in 2015. The Chinese International Economic and Trade Arbitration Commission (CIETAC) administered its all-time high of 2,962 new domestic and foreign-related cases in 2018, up from only 2,298 cases in 2017. The Hong Kong International Arbitration Centre (HKIAC) had a total of 532 new cases filed in 2017,4 of these new cases, 297 were arbitrations, 15 were mediations and 220 were domain name disputes.

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