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Energy transit issues highlighted in Turkey

The Istanbul Arbitration Centre (ISTAC), in association with several prominent Turkish law firms and companies, organised its first conference in Istanbul on 23 May 2019. The event was dedicated to international energy issues and transit disputes. The participants of the meeting discussed the current state of affairs and the future of energy-related investment arbitration. Also discussed was legal issues in energy trade, supply contracts, and energy transit. 

Due to the relevant nature of energy transit issues, the Energy Charter Secretariat was invited to participate and present on matters relating to transit. Areas such as conciliation of transit disputes and the Early Warning Mechanism were given special attention. Other speakers included both Turkish and foreign legal professionals alongside in-house legal counsel who participated in the discussions and presentations. The conference demonstrated that the international legal community values the interest of transit issues and provisions under the Energy Charter Treaty.