Year of Claim: 2003

Basis for Claim: UK-Argentina BIT

Respondent State: Argentina

Name of Claimant 1: BG Group Plc

Primary Nationality of Claimant: UK

Tribunal accepted jurisdiction over claim, decided that respondent state violated treaty, and awarded approximately USD 185 million (plus interest) against respondent state. Tribunal required respondent state to pay all arbitration costs as well as legal costs of claimant.