Procedural Issue Substantive Issue
| Year the case was initiated | 2002 |
| Year the award was rendered | 2007 |
| Country involved | Argentina |
| Home country of the investor | United States |
| Parties to the dispute | Sempra Energy International v. Argentine Republic (ICSID Case No. ARB/02/16) |
| Sector | 1 |
| Type of investment | gas supply and distribution enterprise |
| Nature of dispute / claim | claims arising out of Argentina's suspension of the licensee companies' tariff increases based on the US producer price index and the subsequent pesification of these tariffs |
| Legal instrument | Argentina-United States BIT |
| Rules / Venues | ICSID |
| Amount sought by investor | approximately US$ 210 million |
| Amount awarded / status of dispute | US$ 128,250,462 awarded plus interest (2% beginning on 1 January 2007 until the date of the award);
annulment proceeding pending |
| Arbitrators | Francisco Orrego Vicuna (chair), Marc Lalonde, Sandra Morelli Rico;
Annulment committee: Christer Soederlund (chair), David A.O. Edward, Andreas J. Jacovides" |
| Decisions rendered | Decision on Jurisdiction issued 11 May 2005;
Award and separate opinion issued on 28 September 2007 |
| Status | awarded in favor of the investor |
| Links | http://www.worldbank.org/icsid/cases/sempra-en.pdf http://www.investmentclaims.com/decisions/Sempra_Energy-Award.pdf http://www.investmentclaims.com/decisions/Sempra_Energy-Opinion.pdf |
| Commentary (if any) | |
| Special features |