Luis Agosti

"Luis is the consummate professional - thorough, diligent, responsive and always provided first-class expert and commercial advice." - Lexology Index 2024

Luis Agosti is a Senior Vice President with Compass Lexecon based in Madrid. He is a member of the energy practice.

Mr Agosti is an economist specialised in gas, LNG and power markets. He has provided expert advice and written and oral testimony before antitrust, regulatory authorities and tribunals. More specifically, he has acted as expert witness once before Spanish courts, six times in international arbitrations in Spanish and once in an international arbitration in English.

Over the past few years, Mr Agosti has been involved in over 30 gas and LNG disputes in Italy, France, Spain, Germany, Turkey, Belgium, Poland, Czech Republic, India, Qatar, Israel, China, Korea, Australia, Mexico and Peru, on issues related to price reviews, estimation of damages following alleged under-deliveries and undue force majeure declarations, interruption of supplies, and changes in delivery points, amongst others.

He started his career working as a competition economist in energy cases where he advised companies on the assessment of the competitive impact of major energy mergers in Europe, on the impact of regulation on market functioning and with the analysis of alleged abusive conducts such as excessive pricing and price fixing.

He is also co-author on several articles related to the liberalisation of the Spanish energy market, competition in the Spanish power market, and the role of renewable energy in the Spanish power market. Together with Dr Moselle, he is also co-author of an article in “Gas and LNG Price Arbitrations” published in January 2020 (Globe Law and Business, eds. James Freeman and Mark Levy) on the adoption of hub-indexation. In 2023, Dr Moselle and Mr Agosti also published and article in “The Law and Business of LNG” (Globe Law and Business, eds. Paul Griffin, David Baker) on the value of flexibility in long-term LNG contracts.

Mr Agosti features in the Lexology Index of Arbitration Expert Witnesses.

"Luis's market insight and thorough examination and analysis of the market evidence lies at the heart of what makes him an excellent energy market expert." - Lexology Index 2024

"He has a very deep industry knowledge and is a highly qualified economist. He uses this skill and knowledge to produce detailed and well argued expert reports, and does so under a good deal of time pressure and subject to the scrutiny of demanding clients." - Lexology Index 2024

"He is an absolute expert in energy related work." - Lexology Index 2024

"With a responsive and can-do attitude, he provides a first-class service." - Lexology Index 2024

"Luis a really solid expert. He has a deep understanding of gas / LNG price reviews; he is good on the quantitative side, but also knows the oil & gas industry really well." - Lexology Index 2023

"He worked well as part of the legal and wider client team; helping to decide how to run the case and preparing reports. He is very knowledgeable on the Spanish LNG market in particular." - Lexology Index 2024

"Very good at analytics. Strong communicator. Really knows his stuff." - Lexology Index 2024

"He is very good at drafting reports; he is responsive, leads a very able team and is a pleasure to work with." - Lexology Index 2023

"He runs a very strong team and always produces high quality work product." - Lexology Index 2023

"Always relaxed under pressure; high quality work products in short time frames; great to work with." - Lexology Index 2022

"His attention to detail and consideration of all possible data sources, methodologies and issues are his key strengths." - Lexology Index 2022

"He provides clear logical and methodical advice in a user-friendly manner." - Lexology Index 2022

"He is a delight to work with." - Lexology Index 2022

"Luis has a very skilled team, and they provide a very good service." - Lexology Index 2024

"Luis is a good team player, totally accessible and reliable." - Lexology Index 2022

"He is great, a very well known economist." - Lexology Index 2025