Features of the application of the international legal standard of expropriation in energy disputes

Occupation: Associate Professor of the Department of International Law of the Faculty of Law of the Southern Federal University
Affiliation: Southern Federal University
Address: Russian Federation, Rostov-on-Don

Journal name

Gosudarstvo i pravo

Edition

Issue 12

Pages

143-152

Abstract

The article considers the specifics of the application by international investment arbitrations of the rules on expropriation in accordance with the Energy Charter Treaty of 1996 and bilateral investment treaties. Examples are given of how disputes related to activities in the energy sector are protected from expropriation and state regulatory measures are qualified as direct and indirect expropriation. The criteria and reasons used by the arbitrators in determining whether the expro-priation constitutes a violation of international legal obligations by the host State, as well as determining the components and extent of the damage caused, are set out. Conclusions are drawn and recommendations are made regarding the legal support of the state policy in the energy sector to minimize the likelihood of liability for expropriation.

Keywords

investor, investment, expropriation, host state, compensation, criterion, damage, International Law

Received

16.02.2021

Publication date

21.12.2021

Number of characters

40420

Cite

GOST	Shiyanov A. Features of the application of the international legal standard of expropriation in energy disputes // Gosudarstvo i pravo – 2021. – Issue 12 C. 143-152 [Electronic resource]. URL: https://gospravo-journal.ru/S102694520017529-2-1 (circulation date: 02.05.2024). DOI: 10.31857/S102694520017529-2
MLA	Shiyanov, Alexey V "Features of the application of the international legal standard of expropriation in energy disputes." Gosudarstvo i pravo 12 (2021):143-152. DOI: 10.31857/S102694520017529-2
APA	Shiyanov A. (2021). Features of the application of the international legal standard of expropriation in energy disputes. Gosudarstvo i pravo (12), pp.143-152 DOI: 10.31857/S102694520017529-2

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