• Linkedin
  • Twitter
  • Rss

Oil, Gas & Energy Law

Skip navigation

Oil, Gas & Energy Law

Global Energy Law & Regulation Portal

Join OGELFORUM

Oil, Gas & Energy Law

Global Energy Law & Regulation Portal

  • Sign in
  • Subscribe
  • Home
  • Sign in
  • About About
    1. Home
    2. About
    3. About OGEL
    4. About OGEL
    5. Founding Editor T.W. Wälde
    6. T.W. Wälde
    7. Editorial team
    8. Editorial team
    9. Contributing Authors
    10. Contributing Authors
    11. Subscriptions
    12. Subscriptions
  • Journal Journal
    1. Home
    2. Journal
    3. Browse Issues
    4. Browse
    5. Articles by Category
    6. By Category
    7. Articles by Author
    8. By Author
    9. Advance publication
    10. Advance publication
    11. Specials
    12. Specials
    13. Search
    14. Search
    15. Book reviews
    16. Reviews
  • Legal & Regulatory docs. L & R docs
    1. Home
    2. Legal & Regulatory docs.
    3. L&R by Country
    4. L&R by Country
    5. L&R by Category
    6. L&R by Category
    7. L&R recent additions
    8. L&R recent additions
    9. Search
    10. Search
  • OGELFORUM OGELFORUM
    1. Home
    2. OGELFORUM
    3. About OGELFORUM
    4. About OGELFORUM
    5. Browse archive
    6. Browse by date / topic
    7. Search
    8. Search
    9. Join
    10. Join
  • News & Events Events
    1. Home
    2. News & Events
    3. News
    4. News
    5. Events
    6. Events
  • OGEL Studies OGEL Studies
    1. Home
    2. OGEL Studies
    3. About OGEL Studies
    4. About OGEL Studies
  • Subscribe
Home > Legal & Regulatory docs.

Ascent Resources plc Treaty Claims against the Republic of Slovenia - Notice of Dispute - 5 May 2022

  • Sign in to download document
Country
  • Slovenia
  • United Kingdom
Year

2022

Summary

Ascent Resources Plc (LON: AST), the onshore Caribbean, Hispanic American and European focussed energy and natural resources company, announces that Ascent Resources Plc and its subsidiary Ascent Slovenia Ltd (together "the Investors"), have today formally notified the Government of the Republic of Slovenia (the "Government of Slovenia") of further breaches under the UK - Slovenia bilateral investment treaty (the "BIT") and the Energy Charter Treaty (the "ECT").

In particular, the Government of Slovenia has been notified of the fact that their latest actions, which include amendments to the mining law which specifically prohibit holders of mining rights from carrying out the exploration or exploitation of hydrocarbons with the use of any hydraulic stimulation, have caused further considerable harm to the Investors' investments in Slovenia. The Company believes it is the specific target of these actions, having been referred to as the "British Corporation" in the parliamentary discussions which took place around the subject, and such actions deprive the Investors of realising the full value of their investment in the country, given that the Company and its JV partner, Geoenergo, have always expected to conduct the historic practice of mechanically stimulating the tight gas reservoir to produce hydrocarbons. These actions by the Government of Slovenia constitute further breaches of the protections established by the BIT and the ECT, including, inter alia the prohibition of expropriation, the guarantee that the investments would be accorded fair and equitable treatment and Slovenia's guarantee that the management, maintenance, use, enjoyment or disposal of the investments would not be impaired by arbitrary, unreasonable or discriminatory measures.

See also:

  • OGEL: Notice of Dispute - Treaty Claims against the Republic of Slovenia by Ascent Resources Plc and Ascent Slovenia Ltd - 23 July 2020
  • TDM: Notice of Dispute - Treaty Claims against the Republic of Slovenia by Ascent Resources Plc and Ascent Slovenia Ltd - 23 July 2020

To download this document you need to be a subscriber

Sign in

Forgot password?

Sign in

Subscribe

Fill in the registration form and answer a few simple questions to receive a quote.

Subscribe now

Documents missing? Documents to share? Let us know!

If you know of documents which are currently missing from our Legal & Regulatory database do let us know. You can send them directly to us for inclusion in the database, anonymously or otherwise.
Learn more here

Call for contributions

OGEL Call for Papers: International Energy and Investment Law Implications of the US Inflation Reduction Act

Tade Oyewunmi, Frédéric Sourgens, Scot W. Anderson, and Almira Moronne

  • Tade Oyewunmi
  • Frédéric Sourgens
  • Scot Anderson
  • Almira Moronne

OGEL Call for Papers: Climate Litigation and the Energy Sector

Prof. Kim Talus

  • Kim Talus

OGEL Call for Papers: The Impact of the War in Ukraine on the Energy Sector

Agnieszka Ason, Konstantin Christie, Prof. Kim Talus

  • Agnieszka Ason
  • Konstantin Christie
  • Kim Talus

Call for Papers: OGEL Energy Law Journal 2023

Call for Papers: OGEL Energy Law Journal 2023

OGEL Editorial Team

  • More
  • Contribute

Advance publication

Now available in OGEL 3 (2023): Sustainable Pathways to Balancing Decarbonization in the Face of Fossil Energy Dependence, Nigeria as a Case Study

1 Sep 2023

M.P. Ezekiel, F. Dimowo

  • M.P. Ezekiel
  • F. Dimowo

Individuals and NGOs vs Corporations in the Pursuit of Climate Accountability. In the Spotlight: The Italian Oil Major ENI

1 Sep 2023

S. Nedeva

  • S. Nedeva

Advancing the Net Zero Transition: A Critical Review of the Laws on Decarbonisation of the Nigerian Gas Sector

15 Aug 2023

U.V. Obi SAN

  • U.V. Obi  SAN
  • More
  • Contribute

Stay connected

Sign up for our email alerts.

  • Issues
  • Advance publication
  • News
  • Linkedin
  • Twitter
  • RSS

Join the debate

Want to join OGELFORUM, our unique platform for oil, gas and energy issues?

Simply fill in the registration form to start your trial membership.

Download the app

  1. App store
  2. Google play

The Oil, Gas & Energy Law Intelligence (OGEL, ISSN 1875-418X) Journal and OGELFORUM listserv focus on recent developments in the area of oil, gas, energy law, regulation, treaties, judicial and arbitral cases, voluntary guidelines, tax and contracting, including the oil, gas, energy geopolitics. Read our Terms & Conditions here, and our Privacy Policy here.

About OGEL

  • Terms & Conditions
  • Contribute
  • Subscriptions
  • Contact
  • Help

Other publications

  • Transnational Dispute Management (TDM)

© 2004 - 2023. Published by MARIS.

  • Home
  • Contribute
  • Subscriptions
  • Contact
  • Help