Research Handbook on International Energy Law
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Research Handbook on International Energy Law

  • Research Handbooks in International Law series

Edited by Kim Talus

International energy law is an elusive but important concept. There is no body of law called ‘international energy law’, nor is there any universally accepted definition for it, yet many specialised areas of international law have a direct relationship with energy policy. The Research Handbook on International Energy Law examines various aspects of international energy law and offers a comprehensive account of its basic concepts and processes.
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Chapter 8: International arbitration and energy: How energy disputes shaped international investment dispute resolution

An'bal Sabater and Mark Stadnyk

Extract

International energy disputes have developed their own techniques and solutions - and have also influenced the way other disputes are resolved. Investment awards in oil and gas disputes, for instance, have helped create types of arbitration and substantive protections that have eventually spread across all industries. This chapter will specifically trace the genesis and evolution of several concepts at the heart of the modern investment protection regime - a regime in which the investor, regardless of economic sector, has significant procedural and substantive rights it did not enjoy several decades ago - and show how they are indebted to energy disputes.

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