Credit: Feng Yu/Adobe Stock Trio of Firms Act On Multibillion Dollar Claim Over Iran-Pakistan Gas Pipeline Deal In Paris
It has been widely reported that the dispute could lead to Pakistan facing circa $18 billion in liabilities.
November 05, 2024 at 04:22 AM
2 minute read
French dispute resolution boutique Clay Arbitration, along with U.S.-headquartered law firms White & Case and Willkie Farr & Gallagher, have been engaged in a multibillion-dollar international arbitration over the Iran-Pakistan (IP) gas pipeline project.
The claim, which has been filed by Iran in Paris, concerns Pakistan's failure to complete its portion of the approximately 2700-kilometre cross-border pipeline. Clay Arbitration is acting for Iran in the dispute, while Pakistan has turned to White & Case and Willkie for counsel.
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