Host Government Agreements and the Law in the Energy Sector: The case of Azerbaijan and Turkey (Routledge Research in Energy Law and Regulation)

Book Details

• Publisher: Routledge

• Author: Hakan Sahin

• Language: English

• Edition: 1st Edition

• ISBN: 9781138591332

• Pages: 208

• Cover: Hardcover

• Release Date: 07-12-2018

• Package Dimensions: 9.2 x 6.1 x 0.7 inches

About the Book

Energy Investment and Political Risk Management by Hakan Sahin offers an in-depth analysis of the political risks, particularly indirect expropriation, faced by developing states in the energy sector. Developing states often seek foreign petroleum investment contracts, anticipating economic growth and development. However, these investments come with significant political risks that can jeopardize the long-term stability of energy projects.

This book explores the role of stabilisation clauses—legal provisions designed to protect foreign investors from changes in government policies during the lifespan of an energy investment project. Focusing on Turkey and Azerbaijan, Sahin presents a comparative study of the factors that influence host governments to include stabilisation clauses in their agreements, offering valuable insights into the dynamics of international investment law and energy law.

The author examines both internal and external factors affecting these agreements, such as political regimes, state guarantees, and how they contribute to contractual stability in energy investments. This research-based study provides a framework for understanding the interplay of political, legal, and economic forces that shape energy investment agreements.

Energy Investment and Political Risk Management is essential reading for practitioners, students, and scholars interested in international investment law, energy law, and the complex relationship between governments and foreign investors in the energy sector.