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The role of the Energy Charter Treaty in securing European gas supply

March 9th, 2008 by Andrey Konoplyanik, Energy Charter Secretariat

What are the new risks within and outside the EU in the value chain of Russian gas? Here is the videopodcast of the speech I delivered at the last CESSA conference (Cambridge, 14-15 December 2007).

My slides are also attached.

Andrey Konoplyanik, Deputy Secretary General, Energy Charter Secretariat

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One Response to “The role of the Energy Charter Treaty in securing European gas supply”

  1. Charters Says:

    And this scenario would be one of the repurcusions of this charter:

    On November 17, 2008 former shareholders in Yukos, the defunct Russian energy giant, began a $50 billion (£33 billion) legal fight against the Russian government in what is believed to be the biggest commercial lawsuit ever brought.

    The landmark case will be closely followed by energy companies around the world in the hope that it will provide greater legal protection for trillions of dollars worth of investments in Russia and other resource-rich countries.

    GML, formerly Group Menatep, claims that Yukos, once the largest energy company in Russia, was unlawfully seized by the Kremlin in an orchestrated political campaign.

    It is seeking compensation under the Energy Charter Treaty (ECT), an international legal framework signed by 52 countries that came into force in April 1998.

    Is this what they were hoping for when they deisnged the treaty?

    James Charters

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