Overview of Political and Regulatory Risks in International Energy Investment
Article from: OGEL 2 (2013), in Risks and Responses to Risk in the Energy Sector
The demand for energy is growing rapidly. Projected demand for energy products has increased investment in the energy sector, particularly in emerging economies. Every energy investment, especially in developing states, is fraught with risks particularly political and regulatory risks. The high degree of susceptibility of international energy investment to political and socio-economic conditions within the host states, and decisions made by the host government, arises from the specific characteristic of these projects and the energy industry. Hence, eliminating or ...