The Impact of the Organic Hydrocarbons Law on the Venezuelan Natural Gas Industry

A. Lezcano Huncal
Lezcano Huncal, Adriana
G. Rachadell de Delgado
Rachadell de Delgado, Gabriela

Article from: TDM 2 (2008), in Venezuela: The battle of Contract Sanctity vs. Resource Sovereignty (Special)

Summary

When the Organic Gaseous Hydrocarbons Law ('Gas Law') was enacted in 1999 and its Regulations in mid-2000, a new legal and regulatory framework exclusive for gaseous hydrocarbons was created. Two years later, the Organic Hydrocarbons Law ('OHL') came into effect, aimed at restructuring the whole legal system for hydrocarbons and almost all the prior hydrocarbons legislation in force was revoked. Pursuant to the single revoking provision of the OHL, the following laws as well as any other legal provisions conflicting with the OHL are revoked: The Hydrocarbons Law of 13 ...

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Suggested Citation

A. Lezcano Huncal; G. Rachadell de Delgado; "The Impact of the Organic Hydrocarbons Law on the Venezuelan Natural Gas Industry"
TDM 2 (2008), www.transnational-dispute-management.com

URL: www.transnational-dispute-management.com/article.asp?key=1233