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The Energy Charter Treaty – What is it, who’s in and what are the latest developments?

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The Energy Charter Treaty (“ECT”) is a multi-national agreement that entered into force in 1998. It is designed to establish an international framework for cooperation in the energy industry, with a focus on the Eurasian energy market. It focuses on facilitating trade, protecting investments and managing disputes.

Only recently, there have been several new developments regarding the ECT. Many European countries like Spain have been sued from investors for their solar energy reforms. A few weeks ago, it became known that Italy is withdrawing from the ECT.

Curious about more detailed information and further recent developments? Then the attached short presentation is exactly what you need.

By Edward Poulton, Steve Abraham, Richard Allen and Benjamin Levitt.

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Author

Edward Poulton is Managing Partner in Baker McKenzie’s London office and a member of the Dispute Resolution team. A key name in the arbitration community, Ed sits as an arbitrator in ICC and LCIA arbitrations, and is the consulting editor of a seminal text on the arbitration of M&A disputes. He also sits on the steering committee for the Firm’s Global International Arbitration Practice Group. Ed is recognised in the fields of international arbitration and public international law by Legal 500 and Chambers & Partners. Ed Poulton can be reached at Ed.Poulton@bakermckenzie.com and +44 20 7919 1606.

Author

Steve Abraham is a partner in the Firm's Dispute Resolution practice in London. He joined Baker & McKenzie from another leading international firm in January 2013. Steve has extensive experience in international arbitration, adjudication, mediation, expert determination and litigation; he focuses on disputes in the energy, mining and infrastructure sectors. He is also a solicitor advocate. Steve is recognised in his field by Legal 500 and Chambers & Partners. Steve Abraham can be reached at Steve.Abraham@bakermckenzie.com and + 44 20 7919 1440.

Author

Richard Allen is a Local Principal in the Singapore office of Baker McKenzie and a member of the Firm's Global Dispute Resolution Practice Group. His practice covers a broad spectrum of contentious and non-contentious work, including commercial and competition litigation, international arbitration, public law and regulatory advice. He is a member of the Law Society of England & Wales, the LCIA Young International Arbitration Group, the Royal Institute of International Affairs (Chatham House), the International Law Association, the American Society of International Law and the International Legal Network of Avocats Sans Frontières. Richard Allen can be reached at Richard.Allen@bakermckenzie.com and + 65 6434 2663.

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