The features of the application of the territorial and extraterritorial effect of the statutes in the cross-border movement of energy resources by pipelines
Transportation of energy resources in the current economic and political context is one of the main concerns of the largest summits and conferences with the participation of top officials from developed and developing countries. Currently there are going on political and economic processes around a number of countries, e.g. Iran, Iraq and Syria which are rich in oil and gas resources and in future can create favorable conditions for large-scale entry of new cross-border energy companies to the world oil and gas markets. In combination with persistent attempts to increase production shale oil, this situation can form more and more expectations of an excess of offers and a possible further fall in oil prices. These and other factors compel leading exporting countries to revise their plans for the development of cross-border pipeline transport (crossing one or more borders) due to the need to search new markets and optimize the costs of cross-border transportation. Despite the fact that in the modern world there is a large number of national and supranational acts regulating social relations related to the extraction, processing, transportation, and consumption of energy resources, a significant number of them are devoted to energy security, trade liberalization, and conditions for access to foreign markets at the international level, consolidation of a uniform approach to resolving possible conflict issues in legal relations complicated by a foreign element connected with transboundary movement of energy resources by pipeline.