Peter Petrov is an associate in the International Arbitration practice.

He has experience in international ad hoc and institutional arbitrations under the ICSID, UNCITRAL and SCC Rules, with a focus on investment and energy disputes.

International arbitrations on which Peter Petrov has worked include the representation of:

• The Republic of Lithuania, Respondent in an ICSID arbitration brought by Veolia Environnement S.A. and others in relation to district heating and power generation systems in Lithuania (ICSID Case No. ARB/16/3). The claims are brought under the Lithuania-France bilateral investment treaty.
• The majority shareholders of the former Yukos Oil Company in enforcement proceedings initiated before French courts in relation to the $50 billion Award secured by our clients in a UNCITRAL arbitration against the Russian Federation.
• The Republic of Lithuania, Claimant in an SCC arbitration in Stockholm against Gazprom in relation to Gazprom’s obligations to supply gas based on fair prices under the Share Sale and Purchase Agreement between Lithuania and Gazprom as well as Gazprom’s breaches of its obligations under the Shareholders’ Agreement, resulting in overpayments in excess of €1.54 billion.
• The Republic of Lithuania in arbitration proceedings commenced by Russian State-owned gas company Gazprom in relation to Lithuania’s unbundling of gas transmission from gas production and supply in the Lithuanian gas distribution company Lietuvos Dujos, in compliance with the EU Third Energy Package and in particular Directive (EC) 2009/73. The proceedings were brought under the 1999 Russia-Lithuania BIT and were conducted under the 1976 UNCITRAL Arbitration Rules.