Luis Agosti

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.