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24 J. Energy Nat. Resources L. 523 (2006)
Energy Charter Treaty and Its Role in International Energy

handle is hein.journals/jenrl24 and id is 531 raw text is: Energy Charter Treaty and its Role in International Energy By Andrei Konoplyanik* and Thomas Widet The end of the Cold War offered an unprecedented opportunity to overcome the previous economic divisions on the Eurasian continent. Nowhere were the prospects for mutually beneficial cooperation between East and West clearer than in the energy sector. There was therefore a recognised need to ensure that a commonly accepted foundation was established for developing energy cooperation. On the basis of these considerations, the Energy Charter process was born. The Energy Charter Treaty (ECT) and the Energy Charter Protocol on Energy Efficiency and Related Environmental Aspects (PEEREA) were signed in December 1994 and entered into legal force in April 1998. ECT is currently the major multilateral treaty in the energy field around and in terms of investment protection, the multilateral treaty with the largest geographical and country coverage. This article describes its multifaceted role in improving international energy security. • Andrei Konoplyanik PhD and Dr of Sc (Ec) (State University of Management, Moscow) is Deputy Secretary-General of the Energy Charter Secretariat (www.encharter.org). He can be contacted by e-mail at depsecgen@encharter.org. t Thomas Wdlde Dr iur, LLM (Harvard) is Professor andJean-Monnet Chair, Centre for Energy, Petroleum and Mineral Law & Policy (CEPMLP), University of Dundee. www.cepmlp.org; www.gasandoil.com/ogel; www.transnational-dispute-management.com. He can be contacted by e-mail at twwalde@aol.com. Rechtsanwalt (Frankfurt am Main) and Essex Court Chambers (London). Both authors are the editors and co-authors of the comprehensive edited book on the Energy Charter Treaty, drafted by the international team of experts, which was published both in English (T Wflde (ed), Kluwer, 1996) and in Russian (A Konoplyanik & T Wslde (eds)), updated and shortened version, Moscow, Mezhdunarodnye Otnosheniya, 2002) - see bibliography. The authors would like to thank Pascal Laffont (Energy Charter Secretariat) and other colleagues for valuable comments on the draft of this article.

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