Apache has bought a claim against the pipeline operator Ineos, claiming that Ineos is not entitled to require an increase in the tariff payable by Apache for the transportation of North Sea oil through Ineos’ pipeline system from 2021. Ineos argues that it is acting reasonably in circumstances where Apache wishes to use the pipeline for a significantly longer period than originally agreed and Ineos plans to make substantial investment in the pipeline to extend its life until at least 2040.
Two preliminary issues will be heard by Mr Justice Foxton, sitting in the Commercial Court.
James Willan is instructed (with Sonia Tolaney QC) by Jon Tweedale at Addleshaw Goddard LLP.
