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Exclusive document/ The company "Omni Bridgeway" wins the $13 million lawsuit against the Ministry of Infrastructure, ABN and Alpetrol!

2026-03-10 11:52:23Investigim SHKRUAR NGA REDAKSIA VOX
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A second " Becchett " is happening to our country again, VoxNews has obtained documentation on how the "Omni Bridgeway" company has obtained the right from a federal court in Washington to seize assets belonging to Albania abroad.

According to the document, this decision is related to the arbitration of approximately $13 million in favor of the GBC Oil company, a firm with Albanian and American owners.

This decision concerns a conflict that has lasted almost a decade, started after the increase in taxes on oil concessions, when the company Stream Oil initially received permission to exploit several oil fields and then changed ownership several times until it became GBC Oil.

Exclusive document/ The company "Omni Bridgeway" wins the $13 million
The decision related to the arbitration of approximately 13 million dollars in favor of the GBC Oil company

Therefore, Omni Bridgeway requested permission from the court to take measures against Albanian assets abroad, using the same provision that was used in the case of Albcontrol and Becchetti.

The court approved the request and following this decision, Albania is expected to lose money or assets abroad to comply with the arbitration award, putting itself under financial and legal pressure again.

How the conflict between the Albanian state and the GBC Oil company arose 

The story begins in 2007, when the Albanian government granted a company called Stream Oil and Gas the license to exploit 4 oil fields.

It was about the Gorisht-Kocul, Cakran-Mollaj, Ballsh-Hekal and Delvinë springs .

Stream Oil was also a company registered in the Cayman Islands, but behind it stood Arian Tartari, a businessman close to the former Democratic Party government.

In 2008, the Albanian government decided to increase the mining royalties paid by oil companies to 10 percent. Stream Oil claimed compensation, but the government refused.

As a result, the company began to accumulate unpaid debts to the state, which amounted to up to $27 million.

With the rotation of power in 2014, Stream Oil was sold to American businessman Mitchell Malone, who owns the company TransAtlantic Petroleum.

The latter, after buying it, realized that the company had other debts to suppliers in Albania, in addition to those to taxes.

Malone held the TransAtlantic Albania company for two years and sold it to the GBC Oil company of Naim Kasa, Kreshnik Greza and Mark Crawford, the latter, former president of the American Chamber of Commerce, was the man who negotiated the transaction.

What happened in arbitration that led to today's decision?

In 2017, Albpetrol decided to renationalize the oil fields, which were now under the ownership of GBC Oil, arguing that the company had not fulfilled its obligations under the concession agreement and had millions of dollars in unpaid debts to the state.

After nationalization, GBC Oil turned to the International Court of Arbitration in Zurich, seeking $110 million in compensation from the Albanian government.

In July 2020, the Court rejected most of GBC Oil's claims, but fined Albania $12.7 million, which the government had to pay GBC Oil as compensation to neutralize the increase in taxes after the concession agreement, Kapital wrote.

Initially the government reported the case as won, but news of the fine was revealed two years ago when GBC Oil contracted an Australian company for enforcement procedures.

This decision may now have direct consequences for the assets of the Albanian state inside and outside the country. The document obtained by VoxNews states that the Albanian state has been notified of the court's decision.

VoxNews has learned another important detail, the documents were sent to Albania 5 times via " FedEx " and were officially delivered in April 2025. According to the document, the Ministry of Justice, the Ministry of Foreign Affairs and other institutions have not responded.

©Copyright Vox News

This article is exclusive to Vox News, and is copyrighted under Law No. 35/2016, "On Copyright and Related Rights". The article may be republished by other media only by citing Vox News and including a link to the source at the end, otherwise any violator will be held liable under Article 178 of Law No. 35/2016.

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