Bankers Petroleum Albania Ltd. reaffirms our unwavering commitment to the “Albanian 2030” Manifesto and to a long-term vision that strengthens Albania’s energy security, economic resilience, and sustainable development. This commitment extends beyond regulatory obligations, it is a solemn pledge to the Albanian people and a clear endorsement of the country’s leadership, rooted in trust, accountability, and strategic partnership. In full alignment with national institutions and authorities, we also confirm our readiness to implement, without reservation, the Decision of the International Court of Arbitration (ICC) dated 7 June 2024, as upheld by the Albanian Court of Appeals (Decision No. 479, communicated on 1 July 2025). Our legal teams stand fully prepared to work alongside the relevant Albanian institutions to ensure the comprehensive execution of this decision, in line with international standards to safeguard foreign investments and to ensure the successful delivery of a flagship energy project in Continetal Europe that reflects Albanbia’s shared national and strategic interests.
We are following with sincere attention the criminal investigations, initiated by the Albanian authorities on July 2, 2025, concerning several valued colleagues and past employees. Throughout this process, we continue to engage openly with all competent institutions, guided by a spirit of transparency, mutual respect, and adherence to the law. For example, under the leadership of our Chairman of the Supervisory Board, we plan to form an external team to conduct a deep self- investigation for the entire period offering close cooperation and assistance to Albanian authorities.
We hold high hope in the integrity and fairness of the Albanian judicial system and remain hopeful that this matter will be addressed with the impartiality and diligence it deserves. We also express our sincere wish that the current security measures affecting members of our team will be reassessed in a manner that safeguards the continuity of our operations and reinforces confidence in the pursuit of justice.
Driven by our commitment to innovation and operational excellence, Bankers Petroleum Albania is proud to reaffirm its intention to pledge further investments in the country’s energy future. As part of this forward-looking vision, we are strengthening our governance and are preparing to launch a cutting- edge thermal technology designed to significantly enhance oil recovery, reduce production costs, and strengthen the long-term sustainability of our operations. Additionally, these improvements are expected to play a pivotal role in supporting Albania’s broader economic development and environmental objectives, by improving resource efficiency, reducing the ecological footprint of
operations, and promoting the responsible use of energy assets. This initiative marks a bold step toward positioning Albania as a regional benchmark for responsible and efficient energy development.
As we advance on all fronts, legal, operational, and technological, we remain fully aligned with the laws of the Republic of Albania, the terms of our concession agreement, ICC, and applicable international standards. Our path forward is one of partnership and shared prosperity; focusing on protecting long- term investments, fostering innovation, environmental stewardship, and contributing decisively to Albania’s economic growth. We view our role not only as an energy operator, but as a trusted partner in the country’s development journey, committed to progress, stability, and a sustainable future for all Albanians.
Rr. Rruga “Murialdo”, Sheq i Madh Fier, Albania
Office: +355 (0) 34 220845/46/47
Fax: +355 (0) 34 220850
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