Cross-Border Oil and Gas Transactions in Private International Law: Concept, Types, and Features of Regulation

D V Andriyanov

doi:10.17803/1994-1471.2021.131.10.153-162

Abstract

The paper proposes to refer to cross-border oil and gas transactions as contracts mediating relations in the field of international circulation of hydrocarbons. These include all transactions complicated by a foreign element (foreign entity, object, legal fact) and concluded regarding the exploration, development, processing, transfer, transportation of oil and gas as a commodity in the course of entrepreneurial and investment activities. Based on the Russian and foreign doctrine of private international law, the author examines the most common transactions in the industry, analyzes their features, and also proposes a basic classification of contractual structures. In the absence of a wide range of international treaties governing cross-border oil and gas transactions, the author concludes that the conflict of laws method of determining the applicable law is dominant. The importance of non-state regulators lex petrolea is noted, capable of complementing, but not replacing, national legal regulation.

Highlights

Исторически углеводороды являются объектом важнейших международных переговоров, сделок и споров[3]
The paper proposes to refer to cross-border oil and gas transactions as contracts mediating relations in the field of international circulation of hydrocarbons. These include all transactions complicated by a foreign element and concluded regarding the exploration, development, processing, transfer, transportation of oil and gas as a commodity in the course of entrepreneurial and investment activities
In the absence of a wide range of international treaties governing cross-border oil and gas transactions, the author concludes that the conflict of laws method of determining the applicable law is dominant

Summary

Introduction

Исторически углеводороды являются объектом важнейших международных переговоров, сделок и споров[3]. Трансграничные нефтегазовые сделки в международном частном праве: понятие, виды, особенности регулирования[1] К ним относятся все сделки, осложненные иностранным элементом (иностранный субъект, объект, юридический факт) и заключенные по поводу разведки, разработки, переработки, передачи, транспортировки нефти и газа как товара в процессе осуществления предпринимательской и инвестиционной деятельности.

Results

Conclusion