The Kurdistan Regiononal Government has been awarded substantial legal costs in the arbitration case against Genel Energy Miran Bina Bawi Limited (GEMBBL). The award follows the arbitral tribunal’s Partial Award on Merits, received in December 2024, in which the tribunal held that the Government validly terminated the Bina Bawi and Miran PSCs and dismissed all of GEMBBL’s claims against the Government.
On 4 April 2025, the arbitral tribunal issued its Final Award on Costs, in which it ordered GEMBBL to pay the Government US$26,868,905.29, plus post-award interest. The Government is very pleased with this successful outcome.

Department of Media and Information