Pluspetrol et al. v. Perupetro
David DeRamus provided expert testimony before the International Center for Settlement of Investment Disputes in a contract dispute involving a major natural gas extraction and liquefied natural gas (LNG) project in Latin America. The LNG produced from the project was exported to customers in Mexico, the United States, and other global natural gas markets. Dr. DeRamus testified on behalf of a consortium of producers on issues related to the economics of the contract, industry practices, the impact on the parties of recent developments in global natural gas markets, the commercial causes and consequences of “re-exports” from certain global LNG terminals, the appropriate calculation of royalties, and damages.