Oil and Gas Arbitration in the Asia-Pacific Region

Oil and Gas Arbitration in the Asia-Pacific Region

Publication

An extract from the 2019 edition of GAR’s The Asia-Pacific Arbitration Review, first published in June 2018. The whole publication is available at https://globalarbitrationreview.com/edition/1001178/the-asia-pacific-arbitration-review-2019.

Excerpt: The increased use of arbitration by parties in the Asia-Pacific region has been a consistent trend over the past decade, and shows no sign of declining. For example, the Singapore International Arbitration Centre (SIAC) recently announced that it administered an all-time record number of 452 new cases in 2017, up 32 per cent from 343 new cases in 2016 and a 67 per cent increase from the 271 new cases filed in 2015. The Chinese International Economic and Trade Arbitration Commission (CIETAC) also administered its all-time high of 2,298 new domestic and foreign-related cases in 2017, up from only 981 cases in 2006. The Hong Kong International Arbitration Centre (HKIAC) had a total of 460 new cases filed in 2016; of these new cases, 262 were arbitrations, 15 were mediations and 183 were domain name disputes.

Authors

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