International Energy Investment Law

In this work, Erkan (private international law, U. of Marmara, Turkey) explores the contract clauses that play a role in mitigating political risks in transnational energy projects, providing a legal and empirical perspective that is based on the existing literature and a questionnaire-based survey carried out with key actors in the petroleum sector: international oil companies, national oil companies, lawyers, arbitrators, academics, and research institutions. He presents the material in sections focused on types of political risk and specific contractual clauses for mitigating political risk; including stabilization clauses, renegotiation clauses, equilibrium clauses, and choice of law and alternative dispute resolution clauses. Annotation c2011 Book News, Inc., Portland, OR (booknews.com)