Examines the drafting of stabilisation clauses in international energy contracts, particularly with regard to international petroleum contracts, preventing a State or other contracting party from modifying or abrogating contractual terms without the other party's consent or "except by mutual consent of the parties" during the life of a project. Considers the issue of implied acceptance by conduct or practice. Highlights problems caused by contractual drafting and how to deal with them.
|Number of pages
|International Energy Law & Taxation Review
|Published - 2007