The Prospective Roles of the 2015 International Energy Charter to the MENA Region with Influence in its Energy Laws and Policies
Article from: OGEL 3 (2017), in Middle East, Buy Back Contracts
The 2015 International Energy Charter (IEC) is of utmost universal importance as a guiding policy framework to both energy producing countries and consumer states. This article examines the prospects of the Charter and how it can help the Middle East and North Africa (MENA) maximize energy resource opportunities by refining its energy laws and policies through taking proper consideration of the current normative global rules and articulated future requirements encapsulated in the Charter. Firstly, it makes a synopsis of the current situation in the MENA region. The article ...