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Shell Challenges Venture Global Arbitration Loss in New York Court

The filing alleges Venture Global concealed information from the tribunal to contest the award.

Overview

  • Shell filed the challenge on Monday in the New York Supreme Court, according to a legal filing confirmed by a company spokesperson.
  • The dispute centers on allegations that Venture Global failed to deliver LNG under long-term contracts that began in 2023 tied to the Calcasieu Pass facility.
  • Shell's court papers claim Venture Global withheld key information from both Shell and the arbitration tribunal.
  • The move follows mixed outcomes in related cases, with Shell losing its arbitration in August and BP securing a separate award exceeding $1 billion in October, Reuters reported.
  • Venture Global did not immediately comment on the new filing and has previously said a favorable tribunal ruling confirmed it honored its contracts.