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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