The oil company Bankers Petroleum, which operates in Albania, officially announced that it lost the legal dispute with the Albanian state before the International Arbitration and is committed to paying compensation of 236 million euros, according to the decision.
In a statement, the company underlines its support for the "Albania 2030" plan and expresses its commitment to a long-term vision that strengthens the country's energy security. As it is emphasized, this commitment is not limited to regulatory obligations, but constitutes a "sacred promise to the Albanian people" and a sign of trust and support for the country's leadership, based on accountability and strategic cooperation.
It is recalled that a few days ago, Prime Minister Edi Rama himself had publicly called on the company to comply and pay the amount of 236 million euros, as awarded.
In the past, following an order from the Special Anti-Corruption Prosecutor's Office (SPAK), several current and former company officials were arrested on various charges, according to the A2 CNN television network.
The relevant announcement by Bankers Petroleum states:
"In full cooperation with the national authorities, we confirm our readiness to implement, without any reservation, the International Court of Arbitration (ICC) award issued on June 7, 2024 and ratified by the Court of Appeal of Albania (decision no. 479, notified on July 1, 2025). Our legal teams are fully prepared to cooperate with the competent institutions of Albania for the full implementation of the award, based on international standards for the protection of foreign investments and for the successful implementation of a major energy project of pan-European importance, which is aligned with the national and strategic interests of Albania."
