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Cross-border Transit of Energy Resources and Significant Matters of its Legal Regulation

   | 21 feb 2024
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The article emphasises that states’ competitiveness is dependent on energy resources and that these resources have become a key component of national economic security. Consequently, this opens up new avenues for international legal cooperation in energy relations. Transporting enough oil and natural gas across the globe to meet the daily demand is an epic undertaking, that is increasing drastically. Even with the global implementation of Green Energy Policies, oil and gas companies continue to explore and acquire additional oil reservoirs. This evidence indicates that the use of carbohydrates as a source of energy will continue to be widespread and essential. The conflict has historically been a defining characteristic of transit issues between states, as mentioned in the article. In the modern era, the acquisition and transportation of energy resources frequently sparked violent conflicts and cold wars. Typically, such conflicts “emerge” in countries richer in energy resources or with a crucial role in bringing these resources to the global market. Today, the regions with the most active armed conflicts are or were at the heart of the world’s energy resources.

eISSN:
2464-6695
Lingua:
Inglese
Frequenza di pubblicazione:
2 volte all'anno
Argomenti della rivista:
Business and Economics, Political Economics, other, Law, Social Sciences, Political Science