Petroleum University of Technology Petroleum Business Review 2645-4726 3 2 2019 06 01 Gas Price Arbitration in The Light of Experts’ Role: A Conceptual Analysis with a Reference to Iran–Turkey Case 15 27 112867 10.22050/pbr.2019.112867 EN Niloofar Heydari Roochi Master in Oil and Gas Law, University of Tehran, Tehran, Iran Nasrollah Ebrahimi Associate Professor, Faculty of Law and Political Science, University of Tehran, Tehran, Iran 0000-0002-4942-0431 Journal Article 2019 03 10 <span class="H5CharChar"><span>Unlike many arbitrations, the arbitration procedure for price reviews in gas industry contracts is not based on allegations that one party has breached a contract or otherwise committed a legal wrong. Instead, arbitrators are asked to determine whether the economics of a contract has been changed in the market and thus should be adjusted; if so, a new price formula should be established. Due to the complexity of the revision of gas prices, the gas experts have significant role in these arbitrations. Regarding the role of gas experts, gas price arbitrations have specific nature. In this article, the nature of these arbitrations is examined to establish whether they are arbitration or expert determination as one of alternative dispute resolutions (ADR). Iran has the second proven natural gas resources worldwide and is the third natural gas producer in the world, so Iran–Turkey case will come under scrutiny in this article.</span></span> https://pbr.put.ac.ir/article_112867_0ad75d53390edc40f39ca66aa9ae1166.pdf