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As of 1 June 2022, the Secretariat is aware of 150 investment arbitration cases instituted under the Energy Charter Treaty (sometimes invoked together with a bilateral investment treaty). A full list with information is available here

Since parties to investment arbitration under Article 26 ECT are not obliged to notify the Secretariat of the existence or substance of their dispute, some awards (and even the existence of some proceedings) remain confidential. The Secretariat compiles information (which cannot be considered as exhaustive) from delegates and public sources (including specialized reporting services such as Global Arbitration Review (GAR), Investment Arbitration Reporter (IAReporter) and ItaLaw). The Secretariat assumes no responsibility for eventual errors or omissions in these data and welcomes any additional information or clarification on specific cases (at legalaffairs@encharter.org or using the online contact form). Some case reports prepared by TDM/IACL can be found here. 

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There are 12 result(s)

 Libananco Holdings Co. Limited v. Turkey, ICSID Case No. ARB/06/8 
  • > Claimant : Libananco Holdings Co. Limited
  • > Nationality : Cyprus
  • > Respondent : Turkey
  • > Procedural rules applied : ICSID
  • > Chair : Michael Hwang
  • > Arbitrator appointed by Claimant : Henri Álvarez
  • > Arbitrator appointed by Respondent : Franklin Berman
  • > Invoked instruments : ECT
  • > Articles mentioned : Article 26 (1)
  • , Article 26 (3)
  • , Article 24 (3)
  • , Article 10 (1)
  • , Article 1 (6)
  • , Article 1 (7)
  • , Article 7
  • , Article 13
  • , Article 17
  • , Article 26
  • , Article 45
  • , Article 46
  • > Breaches alleged :  
  • > Breaches found : No jurisdiction under ECT
  • > Case status : Award rendered
  • > Year of the award or agreement : 2011
  • > Follow-on proceedings : Award upheld by ICSID annulment committee
  • > Year of registration : 2006

  • > Subject matter of the dispute: Claims arising out of the seizure of two utility companies in respect of which the claimant held shares and the cancellation of electricity generation and distribution concession agreements 
  • > Amount claimed: USD 10.1 billion 
  • > Amount awarded: ZERO
  • > Costs of arbitration: USD 1,205,000
  • > Award legal costs: Respondent was awarded USD 15,000,000 
  • > Award costs of arbitration: Costs follow the award

 

ARBITRAL DECISIONS

23 June 2008

Decision on Preliminary Issues

2 September 2011

Arbitral Award

7 May 2012 - Decision on Applicant's Request for Provisional Measures

7 May 2012 - Decision on Applicant's Request for a Continued Stay of Enforcement of the Award

 

ANNULMENT PROCEEDINGS

22 May 2013

Exceprts of Decision on Annulment


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 Barmek Holding A.S. v. Azerbaijan, ICSID Case No. ARB/06/16 
  • > Claimant : Barmek Holding A.S.
  • > Nationality : Turkey
  • > Respondent : Azerbaijan
  • > Procedural rules applied : ICSID
  • > Chair : Vaughan Lowe
  • > Arbitrator appointed by Claimant : Peter Galbraith
  • > Arbitrator appointed by Respondent : Brigitte Stern
  • > Invoked instruments : ECT
  • > Breaches alleged :  
  • > Case status : Settlement agreed
  • > Year of the award or agreement : 2009
  • > Year of registration : 2006

  • > Subject matter of the dispute: Alleged breach of a contract to provide electricity services in the cities of Baku and Sumgayit for 25 years, which in turn led to criminal accusations against Barmek's managers for embezzlement, “abuse of office” and the illegal sale of electricity
  • > Amount claimed: USD 460 million
  • > Amount awarded: N/A
  • > Costs of arbitration: N/A
  • > Award legal costs: N/A
  • > Award costs of arbitration: N/A 


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 Cementownia "Nowa Huta" S.A. v. Turkey, ICSID Case No. ARB(AF)/06/2 
  • > Claimant : Cementownia "Nowa Huta" S.A.
  • > Nationality : Poland
  • > Respondent : Turkey
  • > Procedural rules applied : ICSID Additional Facility
  • > Chair : Pierre Tercier
  • > Arbitrator appointed by Claimant : Marc Lalonde
  • > Arbitrator appointed by Respondent : Christopher Thomas
  • > Invoked instruments : ECT
  • > Articles mentioned : Article 17 (1)
  • , Article 10 (1)
  • , Article 1 (6)
  • , Article 1 (7)
  • , Article 13
  • , Article 26
  • , Article 44
  • > Breaches alleged :  
  • > Breaches found : No jurisdiction under ECT
  • > Case status : Award rendered
  • > Year of the award or agreement : 2009
  • > Year of registration : 2006

  •                        
  • Flowchart              
  • > Subject matter of the dispute: Claims arising out of the alleged unilateral termination of certain concession agreements, followed by the alleged seizure and expropriation of assets of the two hydroelectric plants in which the claimant had invested without compensation 
  • > Amount claimed: USD 4,648,157,411
  • > Amount awarded: ZERO
  • > Costs of arbitration: USD 400,000
  • > Award legal costs: Respondent was awarded USD 4,904,822.06
  • > Award costs of arbitration: Costs follow the award

 

ARBITRAL DECISION

17 September 2009

Arbitral Award

  


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 Europe Cement Investment & Trade S.A. v. Republic of Turkey, ICSID Case No. ARB(AF)/07/2  
  • > Claimant : Europe Cement Investment & Trade S.A.
  • > Nationality : Poland
  • > Respondent : Turkey
  • > Procedural rules applied : ICSID Additional Facility
  • > Chair : Donald McRae
  • > Arbitrator appointed by Claimant : Julian Lew
  • > Arbitrator appointed by Respondent : Laurent Lévy
  • > Invoked instruments : ECT
  • > Articles mentioned : Article 26 (1)
  • , Article 10 (1)
  • , Article 13
  • > Breaches alleged :  
  • > Breaches found : No jurisdiction under ECT
  • > Case status : Award rendered
  • > Year of the award or agreement : 2009
  • > Year of registration : 2007

  •                        
  • Flowchart              
  • > Subject matter of the dispute: Claims arising out of the seizure of two utility companies in respect of which the claimant held shares and the cancellation of electricity generation and distribution concession agreements 
  • > Amount claimed: USD 3.8 billion
  • > Amount awarded: ZERO 
  • > Costs of arbitration: USD 259,480
  • > Award legal costs: Respondent was awarded USD 3,907,383.14
  • > Award costs of arbitration: Costs follow the award

 

ARBITRAL DECISION

13 August 2009

Arbitral Award

  


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 Alapli Elektrik B.V. v. Turkey, ICSID Case No. ARB/08/13 
  • > Claimant : Alapli Elektrik B.V.
  • > Nationality : Netherlands
  • > Respondent : Turkey
  • > Procedural rules applied : ICSID
  • > Chair : William Park
  • > Arbitrator appointed by Claimant : Marc Lalonde
  • > Arbitrator appointed by Respondent : Brigitte Stern
  • > Invoked instruments : ECT and BIT
  • > Articles mentioned : Article 26 (1)
  • , Article 10 (1)
  • , Article 1 (6)
  • , Article 1 (7)
  • , Article 1
  • , Article 10
  • , Article 13
  • , Article 17
  • , Article 26
  • > Breaches alleged :  
  • > Breaches found : No jurisdiction under ECT
  • > Case status : Award rendered
  • > Year of the award or agreement : 2012
  • > Follow-on proceedings : Award upheld by ICSID annulment committee
  • > Year of registration : 2008

  • > Subject matter of the dispute: Claims arising out of a concession to develop, finance, construct, own, operate and transfer a combined cycle power plant in Turkey and a number of legislative changes concerning infrastructure projects in Turkey
  • > BIT invoked: Netherlands-Turkey BIT
  • > Amount claimed: Not specified
  • > Amount awarded: ZERO
  • > Costs of arbitration: Not specified
  • > Award legal costs: Each party bears its own legal costs
  • > Award costs of arbitration: Parties share costs equally

 

ARBITRAL DECISION

16 July 2012

Excerpts of Award  

12 July 2012 - Dissenting opinion of The Hon. Marc Lalonde

ANNULMENT PROCEEDINGS

20 April 2016 

Decision on Annulment 

  


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 Türkiye Petrolleri Anonim Ortakligi v. Kazakhstan, ICSID Case No. ARB/11/2 
  • > Claimant : Türkiye Petrolleri Anonim Ortakligi
  • > Nationality : Turkey
  • > Respondent : Kazakhstan
  • > Procedural rules applied : ICSID
  • > Chair : Donald McRae
  • > Arbitrator appointed by Claimant : Charles Brower
  • > Arbitrator appointed by Respondent : Brigitte Stern
  • > Invoked instruments : ECT and BIT
  • > Case status : Settlement agreed
  • > Year of the award or agreement : 2014
  • > Year of registration : 2011

  • > Subject matter of the dispute: Government's measures allegedly affecting claimant's investment in an oil exploration and production joint venture which held exploration and production activities in seven oil fields 
  • > BIT invoked: Kazakstan-Turkey BIT
  • > Amount claimed: N/A
  • > Amount awarded: N/A 
  • > Costs of arbitration: N/A
  • > Award legal costs: N/A
  • > Award costs of arbitration: N/A  


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 Federal Elektrik Yatırım ve Ticaret A.Ş. and others v. Uzbekistan, ICSID Case No. ARB/13/9  
  • > Claimant : Federal Elektrik Yatırım ve Ticaret A.Ş.; Asım Kayan; Mustafa Nurdoğan; İrfan Nurdoğan
  • > Nationality : Turkey, Turkey, Turkey, Turkey
  • > Respondent : Uzbekistan
  • > Procedural rules applied : ICSID
  • > Chair : Laurent Lévy
  • > Arbitrator appointed by Claimant : Emmanuel Gaillard (Jan Paulsson replaced)
  • Emmanuel Gaillard
  • > Arbitrator appointed by Respondent : V. V. Veeder
  • > Invoked instruments : ECT and BIT
  • > Case status : Settlement agreed
  • > Year of the award or agreement : 2020
  • > Year of registration : 2013

  • > Subject matter of the dispute: Claims arising out of the alleged wrongful criminal prosecution, denial of justice and expropriation of claimant's investment on the basis of tax evasion
  • > BIT invoked: Turkey-Uzbekistan BIT
  • > Amount claimed: N/A
  • > Amount awarded: N/A
  • > Costs of arbitration: N/A
  • > Award legal costs: N/A
  • > Award costs of arbitration: N/A

18 May 2020 - Order of the Secretary-General Taking Note of the Discontinuance of the Proceeding


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 Cem Cenzig Uzan v. Turkey, SCC Case No. V (2014/023) 
  • > Claimant : Cem Cenzig Uzan
  • > Nationality : Turkey
  • > Respondent : Turkey
  • > Procedural rules applied : SCC
  • > Chair : Bernardo Cremades
  • > Arbitrator appointed by Claimant : Dominique Carreau
  • > Arbitrator appointed by Respondent : Philippe Sands
  • > Invoked instruments : ECT
  • > Articles mentioned : Article 26 (1)
  • , Article 26 (4)
  • , Article 26 (6)
  • , Article 13 (1)
  • , Article 10 (1)
  • , Article 1 (2)
  • , Article 1 (7)
  • , Article 2
  • > Breaches alleged :  
  • > Breaches found : No jurisdiction under ECT
  • > Case status : Award rendered
  • > Year of the award or agreement : 2016
  • > Follow-on proceedings : Award upheld by national court
  • > Year of registration : 2014

  • > Subject matter of the dispute: Claims arising out of the alleged termination by the Government of electricity concessions held by the claimant, as well as the seizure of the assets owned by claimant's electricity companies
  • > Amount claimed: N/A
  • > Amount awarded: ZERO 
  • > Costs of arbitration: EUR 590,740.3
  • > Award legal costs: Each party bears its own costs  
  • > Award costs of arbitration: Parties share costs equally

 

ARBITRAL DECISIONS

20 April 2016

Award on Respondent's Bifurcated Preliminary Objection

31 March 2016

Declaration of Philippe Sands

ANNULMENT PROCEEDINGS 

26 February 2018

Judgment of the Svea Court of Appeal - Swedish | English (unofficial translation)


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 Aktau Petrol Ticaret A.Ş. v. Kazakhstan, ICSID Case No. ARB/15/8 
  • > Claimant : Aktau Petrol Ticaret A.Ş.
  • > Nationality : Turkey
  • > Respondent : Kazakhstan
  • > Procedural rules applied : ICSID
  • > Chair : Ian Binnie
  • > Arbitrator appointed by Claimant : Bernard Hanotiau
  • > Arbitrator appointed by Respondent : Daniel Bethlehem
  • > Invoked instruments : ECT and BIT
  • > Case status : Award rendered
  • > Year of the award or agreement : 2017
  • > Follow-on proceedings : Award upheld by ICSID annulment committee
  • > Year of registration : 2015

  • > Subject matter of the dispute: Claims arising out of a series of measures taken by the respondent's courts, which allegedly resulted in the unlawful transfer of claimant's assets to a third party, connected to the government 
  • > BIT invoked: Turkey-Kazakhstan BIT
  • > Amount claimed: USD 80 million
  • > Amount awarded: USD 22.7 million 
  • > Costs of arbitration: USD 1.8 million
  • > Award legal costs: N/A
  • > Award costs of arbitration: N/A

 

ARBITRAL DECISION 

13 November 2017 - Award

ANNULLMENT PROCEEDINGS

21 June 2019 - Decision on Annulment 


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 Nabucco Gas Pipeline International GmbH in Liqu. v. Turkey, ICSID Case No. ARB/15/26 
  • > Claimant : Nabucco Gas Pipeline International GmbH in Liqu.
  • > Nationality : Austria
  • > Respondent : Turkey
  • > Procedural rules applied : ICSID
  • > Arbitrator appointed by Claimant : Kaj Hobér
  • > Arbitrator appointed by Respondent : Rolf Knieper
  • > Invoked instruments : ECT and BIT
  • > Case status : Discontinued
  • > Year of the award or agreement : 2015
  • > Year of registration : 2015

  • > Subject matter of the dispute: Claims arising out of the cancellation of a contract for the construction and operation of a major natural gas pipeline Nabucco
  • > BIT invoked: Austria-Turkey BIT
  • > Amount claimed: N/A
  • > Amount awarded: N/A
  • > Costs of arbitration: N/A
  • > Award legal costs: N/A
  • > Award costs of arbitration: N/A

5 November 2015 - Order of the Secretary-General Taking Note on the Discontinuance of the Proceeding


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