Region: Bulgaria
Bulgarian state entity takes Gazprom to ICC
Bulgaria’s national gas company Bulgargaz says it has filed a €400 million ICC claim against Gazprom Export over gas supplies halted in the wake of Russia’s invasion of Ukraine.
09 July 2024
Hungary’s MOL brings new claim against Croatia
Hungarian oil and gas group MOL has filed a new Energy Charter Treaty claim against Croatia, while it waits to see if the US courts will enforce a US$261 million award it won against the Balkan state two years ago.
21 June 2024
Bulgarian state entity prepares claim against Gazprom
Bulgaria’s Bulgargaz is preparing to file a €400 million ICC claim against Gazprom Export over supplies halted in the wake of Russia’s invasion of Ukraine.
17 May 2024
Crypto exchange brings ICSID claim against Bulgaria
UPDATED: A Swiss cryptocurrency exchange has lodged a US$3 billion ICSID claim against Bulgaria after it was subjected to criminal investigations for alleged money laundering and other offences that found no evidence of wrongdoing.
22 January 2024
Solar investor wins ECT claim against Bulgaria
A Maltese company has won around €70 million in an Energy Charter Treaty claim against Bulgaria concerning one of Europe’s largest solar parks.
09 January 2024
ICSID panel to consider "novel issue" of heirs’ claim
An ICSID tribunal has found that whether Lithuanian heirs have legal standing to bring an Energy Charter Treaty claim against Bulgaria on behalf of their late father is a “novel issue” that can’t be decided on an expedited basis.
29 September 2023
Serbia defeats Bulgarian miner’s ICSID claim
UPDATED WITH AWARD: An ICSID tribunal has rejected a Bulgarian company’s €35 million claim against Serbia over the alleged expropriation of an underwater coal mine.
20 September 2023
Bulgaria fails to knock out Lithuanian heirs' claim
An ICSID tribunal has rejected Bulgaria’s request for summary dismissal of a billion-euro Energy Charter Treaty claim brought by the children of a Lithuanian oil and gas entrepreneur.
31 July 2023
Albania faces new treaty claim over seizure of television station
A Bulgarian businesswoman is bringing a €128 million treaty claim against Albania over the seizure of a television station and other investments, it has emerged.
18 April 2023
Bulgaria faces new ECT claims
ICSID has registered two new Energy Charter Treaty cases against Bulgaria in the past month: a billion-euro claim brought by children of a deceased Lithuanian oil and gas entrepreneur, and a claim by a Chinese-owned solar investor.
06 December 2022