Plama Consortium Ltd v. Bulgaria, ICSID Case No. ARB/03/24

  • Flowchart               
  • >Subject matter of the dispute: Claims arising out of the public authorities and agencies' alleged damage to the operation of the investor's oil refinery, as well as their refusal or delay in adopting adequate corrective measures.  
  • >BIT invoked: Bulgria-Cyprus BIT
  • >Amount claimed: 146,120,152 USD+ interest at comm. Rate
  • >Amount awarded: ZERO
  • >Costs of arbitration: 253,523.00 EUR
  • >Award legal costs: Respondent was awarded 7,460,000 USD
  • >Award costs of arbitration: Costs follow the award



8 February 2005

Decision on Jurisdiction

6 September 2005

Order Provisionnal Measures

27 August 2008

Arbitral Award