Tag: AKBN

Albania to appeal against arbitration ruling over Bankers Petroleum tax dispute – Albania, 25 October 2016

Albanian National Agency for Natural Resources (AKBN) decided to appeal against the results of the third-party audit regarding the tax dispute between the Canadian-based company Bankers Petroleum and the Albanian […]

Oil exploration application deadline for three onshore blocks extended – Albania, 21 September 2016

Albanian Agency for Natural Resources (AKBN) announced that it has extended the deadline for submitting applications for oil exploration activities in onshore block 5 and Panaja block until 30 October […]

Results of third-party audit regarding the tax dispute with Bankers Petroleum – Albania, 29 August 2016

Canadian-based company Bankers Petroleum announced that the results of the binding third-party audit regarding the tax dispute with the Albanian authorities from 2011 determined that the company has correctly stated […]