International Arbitration in Energy Disputes: Lessons from UNCITRAL Case Laws
DOI:
https://doi.org/10.63056/ACAD.004.01.0054Keywords:
International Arbitration, Energy Disputes, UNCITRAL, Arbitration Case Law, Dispute ResolutionAbstract
International arbitration is a critical mechanism for resolving energy disputes, offering a neutral and efficient means for addressing complex cross-border issues. This research examines the role of UNCITRAL (United Nations Commission on International Trade Law) case law in shaping arbitration practices within the energy sector. By analyzing key UNCITRAL arbitral decisions, the study identifies emerging trends, procedural challenges, and key lessons learned from past energy-related disputes. It explores how the UNCITRAL Model Law provides a flexible framework for arbitral tribunals, ensuring fairness and impartiality in the resolution of disputes involving multiple jurisdictions and diverse stakeholders. Additionally, the research highlights the importance of UNCITRAL’s influence in enhancing the enforceability of arbitration awards and promoting consistency in energy dispute resolution. Through the review of significant case studies, the paper evaluates practical implications related to the application of international law principles, including the enforcement of contracts, good faith, and dispute resolution strategies. The study offers valuable insights for legal practitioners, policymakers, and stakeholders in the energy sector, recommending potential improvements to arbitration processes to foster greater predictability and efficiency in resolving energy disputes.