Navigant Expert Panel Determination Patos-Marinza Oilfield - Ministry of Energy and Industry of Albania and Bankers Petroleum Albania Ltd - Dissenting Opinion - 5 August 2016
Country
Year
2016
Summary
The Agreement for Determination By Expert of Certain Disputes Related to Cost Recovery (Patos-Marinza Oilfield) dated February 24, 2016
between
The Ministry of Energy and Industry of Albania, Represented by The National Agency of Natural Resources
and
Bankers Petroleum Albania Ltd
The purpose of this report is to present Navigant's decision regarding the disputes between by Bankers Petroleum Albania LTD ("BPAL") and the Ministry of Energy and Industry of Albania, represented by the National Agency of Natural Resources of Albania ("AKBN") in accordance with the Agreement for determination by expert of certain disputes related to Cost Recovery (Patos Marinza Oilfield) entered into by BPAL and AKBN (collectively, "the Parties") on February 24, 2016 ("Terms of Reference").
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