ICSID Publishes Decision Disqualifying Arbitrator From Turkmenistan Oil Dispute

( July 27, 2026, 12:07 PM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) published a decision by two arbitrators granting a British oil field investor’s proposal to disqualify Turkmenistan’s appointed arbitrator from an arbitration for a dispute arising out of an approximately $168 million investment into a planned oil field development in the Caspian Sea that the country allegedly later barred, writing that the arbitrator’s involvement in a separate arbitration based on the same project creates the risk of information “asymmetry.”...

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