International Law Regime of Transboundary Pipelines
Mondaq Business Briefing › United Kingdom Law Articles in English (2002)
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International Law Regime of Transboundary Pipelines
In recent years, technology has dramatically improved the distances that pipelines can carry hydrocarbons underwater and overland. As a result, the potential for exporting hydrocarbons from isolated production centres to consumers via pipeline has expanded. The number of long-distance pipelines has increased as a result of this and other, often geopolitical, factors.
Exporters, consumers, and the global energy industry have become increasingly and mutually dependent on the transportation of hydrocarbon products through long-distance pipelines. Indeed, it is estimated that over half of the world's oil production is now traded across at least one border. Many ...See the full content of this document
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