Energy Challenges for International Trade Rules?
Article from: OGEL 6 (2011), in International Law & Regulations / Law of the Sea
The uniform rules and disciplines that apply to energy trade are of great strategic significance. Increasing reliance on internationally traded energy, considerations of security of supply/demand and need of investment require predictability and transparency that could be achieved most effectively through a multilateral legal framework. Energy trade policies proved to be controversial because of strategic importance of energy and divergent interests of consumers, suppliers and transit states. The discussions of energy policies in international fora are also sensitive because of the ...