The International Energy Law Review (UK) publishes the article by TV&P lawyers dedicated to the legal analysis of the sanctions limiting energy cooperation with the Russian Federation that have been introduced by the EU and US during the Ukrainian crisis. The authors address the issues arising from the said legislative and case-law confrontation between the countries as well as the prospects of its resolution.

The sanctions limiting energy cooperation with the Russian Federation that have been introduced by the EU and US during the Ukrainian crisis have had a significant impact on the Russian economy and its energy sector in particular. However, despite the absence of truly efficient international legal mechanisms, the Russian legislative system as well as private entities have developed an idiosyncratic way to mitigate the adverse effects of the restrictions imposed, including the use of the reciprocal sanctions mechanism, the alteration of the case law interpretation of the force-majeure concept, the elaboration of the draft legislation on sub-soil use and the alteration of the contract terminology in order to ensure the formal compliance with the sanctions regime. The issues arising from the said legislative and case-law confrontation between the countries as well as the prospects of its resolution are addressed in this article.

The International Energy Law Review (established in 1982) is an academic journal dedicated to the publication of articles analysing the legal developments within the energy sector of different countries. The article may be downloaded at the TV&P website.

If you need further information on the subject, contact Dr. Kristoffer Svendsen.

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