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International Arbitration in the Energy Sector (Paperback)
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International Arbitration in the Energy Sector (Paperback)
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Disputes in the energy and natural resources sector are at the
heart of international arbitration. With more arbitrations arising
in the international energy sector than in any other sector, it is
not surprising that the highest valued awards in the history of
arbitration come from energy-related arbitrations. Energy disputes
often involve complex and controversial issues relating to
security, sovereignty, and public welfare. International
Arbitration in the Energy Sector puts international energy disputes
into a global context, providing broad coverage of different forms
and systems of dispute resolution across both renewable and
non-renewable sectors. With contributions from leading arbitrators,
academics, and industry experts from across the globe, the twenty
chapters in the book enable readers to compare the approaches to,
and learnings from, energy arbitrations across various legal
systems and geographic regions. After outlining the international
energy arbitration legal framework in Part I, the text delves into
a detailed analysis of the problems which regularly arise in
practice. These include, among other things, commercial disputes in
Part II (e.g. over the upstream oil sector and long-term gas supply
contracts), investor-state disputes in Part III (e.g. under the
Energy Charter Treaty), and public international law disputes in
Part IV (e.g. concerning international boundaries and the
distribution of natural resources). Alongside recent developments
in the international energy sector, attention is given to climate
and sustainable development disputes, which raise important
questions about enforcing sustainability objectives on individuals,
corporations, and states. Backed by analyses of arbitral awards,
national court and international tribunal decisions, treaties, and
other international legal instruments, as well as current events
and news in the energy industry, this text offers a unique
contribution to international energy literature and provides
insightful commentary on the prevalent issues in the field. It is
essential reading for any practitioner or researcher in the energy
and natural resources sector.
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