As drilling exploration continues to move into deeper Gulf of Mexico waters, negotiations continue between the United States and Mexico over the allocation of oil and gas discoveries that straddle an invisible international barrier at the bottom of the sea.
Dr. Richard McLaughlin, Endowed Chair for Marine Policy and Law at the Harte Research Institute for Gulf of Mexico Studies at Texas A&M University-Corpus Christi, has collaborated with the Center for U.S. and Mexican Law at the University Law Center. He will release the first bi-national study examining the legal issues involved with exploring and exploiting transboundary offshore oil and gas deposits in the Gulf.
McLaughlin and Guillermo J. Garcia Sánchez, a doctorate candidate at Harvard Law School, have completed the first research study sponsored by the Center for U.S. and Mexican Law. The study is titled "The 2012 Agreement on the Exploitation of Transboundary Hydrocarbon Resources in the Gulf of Mexico: Conformation of the Rule or Emergence of a New Practice?" The Houston Journal of International Law will publish the paper this summer. A downloadable version of the study is available here.
“There is a maritime boundary between the U.S. and Mexico, and the question we had as a nation is, what do you do when you have these boundary-straddling reservoirs of oil and gas and how do you exploit these resources efficiently and still be in compliance with international laws?” McLaughlin said. “This has become increasingly important as we have discovered oil and gas reserves that very likely cross this boundary.”
To Read more at: http://www.wdam.com/story/29652802/new-study-explores-transboundary-energy-exploration-in-gulf
No comments:
Post a Comment