利用投资保护协定防控海外油气投资的政治风险

Using Investment Protection Agreements to prevent and control political risk in overseas oil and gas investments

中国油气企业在海外投资过程中,应关注对政治风险的防控,并有效利用各种制度性工具尤其是双边投资协定来保护海外投资。首先,应把石油合同和投资协定统筹考虑,避免石油合同对投资协定的明确排除适用;其次,要立足于母国与东道国的投资协定,在缺位或保护力度不够的情况下,积极推进有关投资协定的签署或改善;最后,通过及时和有效的协定筹划,为海外投资寻找有利的(一个或多个)第三国投资协定的保护,以填补保护漏洞或编织更完善的防护网。

In the process of investing abroad,China's oil and gas companies should keep a watchful eye on political risk prevention and control and effectively use various institutional mechanisms,particularly Bilateral Investment Agreements,to protect foreign investment.They should firstly consider oil contracts and investment agreements together,and avoid oil contracts in the presence of investment agreements that explicitly exclude applicability;secondly,actively seek to sign or improve an appropriate investment agreement,on the basis of investment agreements between home and host country,to cover omission or protection insufficiency;and finally determine a favorable level of protection found in(one or more among) third country investment agreements through timely and effective agreement planning,in order to fill in for protection vulnerabilities or weave a better protective screen.