“An unhappy mix of poorly-drafted legislation; Statutory Guidance relative to the Ministerial power which is unfit for purpose; and a well-meaning but essentially useless industry code of best practice.” The objective of this paper is to provide a synopsis on both hard law and soft law instruments addressing third-party access (“TPA”) to infrastructure in the UKCS.
English law is often the law of choice in complex and high value contracts where issues such as remedies, default, limitation of liability and financing are paramount. Further, English law affords JV partners comfort that their JV agreement will be construed in accordance to its own terms and cannot be declared void on technical grounds as no codified structure exists.
In Iraq, a severe crisis has affected the country's primary infrastructure, through years of war and political turmoil. This has steadily been increasing the levels of stress throughout the economy and has contributed to poor political and social development. Consequently this evolution of events has culminated in rendering oil and gas hydrocarbons as the only possible source of income capable of rebuilding the economy of Iraq.
In order to tackle the accelerating growth in the demand for energy, and confront any obstacles which impede the implementation of prosperous energy projects, The Master Strategy of the Energy Sector in Jordan for the Period 2007 – 2020 (“Jordan’s Energy Strategy”) has been sanctioned by the Cabinet on 7/12/2004. In both the oil and the natural gas sectors, the principle recommendation and goal of the Jordan’s Energy Strategy is to attract foreign investment to explore, develop and produce resources in open areas.
A guide to the Energy Industry for the in-house Energy Lawyer,
focusing in 2013 on International Arbitration.
If you would like a copy please contact firstname.lastname@example.org with your name, email address and company details.