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INTERNATIONAL ENERGY DISPUTES AND MEANS OF RESOLUTION THEREOF
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International energy disputes can be divided into two conventional groups: international disputes arising out of international private law relations and international disputes arising out of international public law relations. International energy disputes arising out of private law relations can appear at the stage of design, construction of energy facilities abroad, operation of energy facilities abroad, export of energy resources, transportation, carrying of energy resources, supply of energy equipment from and to foreign countries, insurance of energy equipment, a construction site, energy facility, etc. International energy projects are characterized by long terms, high cost, performance complexity. In order to solve private law disputes, parties often enter into an arbitration agreement on reference of disputes to international commercial arbitration. Advantages of such arbitration clause have been noted multiple times: quick dispute resolution, possibility to select arbitrators with the required competence, confidentiality. International commercial arbitration exists in the Russian Federation and abroad. The complicated geopolitical and international business situation has triggered the origination of certain challenging aspects in case of use of an arbitration clause in foreign international arbitral institutions, especially in unfriendly states. Multiple discussions in the scientific, expert community about the growth in the number of international energy disputes, possibilities of dispute resolution in international commercial arbitration, battles of anti-suit injunctions of various jurisdictions have brought about the performance of this study for the purposes of development of international energy dispute resolution options taking into account the modern realities. The article offers a legal analysis of international energy dispute types, the current state of procedural aspects of resolution of international energy disputes, words proposals concerning methods of resolution of international energy disputes
Title: INTERNATIONAL ENERGY DISPUTES AND MEANS OF RESOLUTION THEREOF
Description:
International energy disputes can be divided into two conventional groups: international disputes arising out of international private law relations and international disputes arising out of international public law relations.
International energy disputes arising out of private law relations can appear at the stage of design, construction of energy facilities abroad, operation of energy facilities abroad, export of energy resources, transportation, carrying of energy resources, supply of energy equipment from and to foreign countries, insurance of energy equipment, a construction site, energy facility, etc.
International energy projects are characterized by long terms, high cost, performance complexity.
In order to solve private law disputes, parties often enter into an arbitration agreement on reference of disputes to international commercial arbitration.
Advantages of such arbitration clause have been noted multiple times: quick dispute resolution, possibility to select arbitrators with the required competence, confidentiality.
International commercial arbitration exists in the Russian Federation and abroad.
The complicated geopolitical and international business situation has triggered the origination of certain challenging aspects in case of use of an arbitration clause in foreign international arbitral institutions, especially in unfriendly states.
Multiple discussions in the scientific, expert community about the growth in the number of international energy disputes, possibilities of dispute resolution in international commercial arbitration, battles of anti-suit injunctions of various jurisdictions have brought about the performance of this study for the purposes of development of international energy dispute resolution options taking into account the modern realities.
The article offers a legal analysis of international energy dispute types, the current state of procedural aspects of resolution of international energy disputes, words proposals concerning methods of resolution of international energy disputes.
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