None
EN
Shell vs Venture Global: When LNG Contracts Meet the Fine Print—and the Missing Emails
['Walt Beyer', 'Is Sabotaging Our Life', 'Far The Worst Broadband Provider Ever', 'Shell Energy Broadband Service Is Appalling', 'Extremely Slow Shell Broadband']
Royal Dutch Shell Plc .com
From ‘Binding Arbitration’ to ‘Let’s See the Emails’Shell’s long-running dispute with U.S. LNG producer Venture Global was supposed to end neatly with arbitration.
An arbitration tribunal rejected Shell’s claim that Venture Global had improperly diverted LNG cargoes into lucrative spot markets instead of delivering them under long-term contracts tied to the Calcasieu Pass LNG project in Louisiana.
Venture Global, for its part, insists that all required documents were produced and that Shell is simply trying to relitigate a commercial loss through the courts.
Future LNG contracts may grow longer, denser, and even more lawyer-proof — if such a thing is possible.
Venture Global insists it is about accepting defeat.