Multilateral, Regional and Bilateral Energy Trade Governance

Renewable Energy Law and Policy Review, Vol. 6(1), pp. 38-87, 2015

Queen Mary School of Law Legal Studies Research Paper No. 188/2014

50 Pages Posted: 27 Dec 2014 Last revised: 18 Mar 2015

See all articles by Rafael Leal-Arcas

Rafael Leal-Arcas

Queen Mary University of London - School of Law

Costantino Grasso

Coventry University

Juan Alemany Rios

Queen Mary, University of London

Date Written: December 26, 2014

Abstract

The current international energy trade governance system is fragmented and multi-layered. Streamlining it for greater legal cohesiveness and international political and economic cooperation would promote global energy security. The current article explores three levels of energy trade governance: multilateral, regional and bilateral. Most energy-rich countries are part of the multilateral trading system, which is institutionalized by the World Trade Organization (WTO). The article analyzes the multilateral energy trade governance system by focusing on the WTO and energy transportation issues. Regionally, the article focuses on five major regional agreements and their energy-related aspects and examines the various causes that explain the proliferation of regional trade agreements, their compatibility with WTO law, and then provides several examples of regional energy trade governance throughout the world. When it comes to bilateral energy trade governance, this article only addresses the European Union’s (EU) bilateral energy trade relations. The article explores ways in which gaps could be filled and overlaps eliminated whilst remaining true to the high-level normative framework, concentrating on those measures that would enhance EU energy security.

Keywords: Multilateral energy trade governance; regional energy trade governance; Energy Charter Treaty; MERCOSUR; ASEAN; EU energy trade governance; WTO; IRENA; raw materials; natural resources; shale gas.

Suggested Citation

Leal-Arcas, Rafael and Grasso, Costantino and Alemany Rios, Juan, Multilateral, Regional and Bilateral Energy Trade Governance (December 26, 2014). Renewable Energy Law and Policy Review, Vol. 6(1), pp. 38-87, 2015; Queen Mary School of Law Legal Studies Research Paper No. 188/2014. Available at SSRN: https://ssrn.com/abstract=2542897

Rafael Leal-Arcas (Contact Author)

Queen Mary University of London - School of Law ( email )

67-69 Lincoln’s Inn Fields
London, WC2A 3JB
United Kingdom

HOME PAGE: http://www.ccls.qmul.ac.uk/staff/lealarcas.html

Costantino Grasso

Coventry University ( email )

Priory Street
Coventry, CV1 5FB
United Kingdom

HOME PAGE: http://https://pureportal.coventry.ac.uk/en/persons/costantino-grasso

Juan Alemany Rios

Queen Mary, University of London ( email )

Lincoln's Inn Fields
Mile End Rd.
London, E1 4NS
United Kingdom

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