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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