283x Filetype PDF File size 1.45 MB Source: www.energycharter.org
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THE INTERNATIONAL ENERGY CHARTER
CONSOLIDATED ENERGY CHARTER TREATY
with Related Documents
Last Updated: 15 January 2016
FOREWORD
The Energy Charter Treaty is a unique instrument for the promotion of
international cooperation in the energy sector. The Treaty, which entered into
force on 16 April 1998, and its related documents, all set out in a consolidated
version in this booklet, provide an important legal and political basis for the
creation of an open international energy market.
The Treaty was preceded by a political declaration, the European Energy Charter
adopted in The Hague on 17 December 1991. The European Energy Charter
contained a commitment to negotiate in good faith a legally binding Energy
Charter Treaty and Protocols. The International Energy Charter is a further
political declaration adopted and signed in The Hague on 20 May 2015. This
more recent political declaration reflects global modern energy challenges
and maps out common principles and areas of international cooperation in the
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field of energy for the 21 Century. As a result of the increased interest by the
international community the Energy Charter Process has expanded to involve
over 90 states from all continents.
For many years the primary focus of the Contracting Parties was to ensure
full implementation of the Treaty’s commitments. This entailed increased
multilateral cooperation over transit, trade, investments, dispute resolution
and energy efficiency. As global energy markets evolved, modernisation of
the Energy Charter Process became a major objective for the Energy Charter
constituency. Today there is a focus on the geographical expansion of the
Energy Charter Treaty. The Treaty is open for accession by all countries and
Regional Economic Integration Organisations (REIOs) committed to the
observance of its principles of open and non-discriminatory energy markets.
Several countries are today engaged in the accession process to the Treaty.
Up-to-date information on the Energy Charter and its membership can be
found at http://www.energycharter.org/.
There is recognition by all of the need to ensure that the Energy Charter Process
continues to build on its core principles while adapting to new challenges.
The Energy Charter stands ready to play a key role in international energy
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governance in the 21 Century.
Dr. Urban Rusnák
Secretary General
Energy Charter Secretariat
15 January 2016
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