On Wednesday, 2nd October 2013, the Right Honourable Alex Salmond MSP, First Minister of Scotland, launched the International Centre for Energy Arbitration (ICEA). The ICEA is a joint venture between the Scottish Arbitration Centre and Centre for Energy, Petroleum and Mineral Law and Policy at the University of Dundee (CEPMLP). The ICEA aims to work with the energy sector to allow Scotland to become an international specialist in international energy dispute resolution.
The launch, hosted by the Law Society of Scotland, took place in Edinburgh. The First Minister was welcomed by Andrew Mackenzie, Chief Executive of the Scottish Arbitration Centre and Secretary General of the ICEA, and Bruce Beveridge, President of the Law Society of Scotland.
The First Minister said:
“Scotland is a leading international energy centre, being home to a global oil and gas hub and some of the best renewable resources and technologies on the planet. At the same time, we have built on Scotland’s distinguished legal system to develop a world-class legal framework for cost-effective arbitration services. It is fitting, therefore, that we are opening an International Centre for Energy Arbitration – a development that will further enhance Scotland’s attractiveness to global energy companies, associated professional service providers and investors. I congratulate the Scottish Arbitration Centre and CEPMLP for their considerable work in establishing the centre and wish them the very best for the future.”
Brandon Malone, Chairman of the Scottish Arbitration Centre and Director of the ICEA, said:
“When it comes to energy dispute resolution in Scotland, we find that in our universities, in our legal firms, and in industry, we have a clustering of legal and technical energy expertise that is not readily found in any other part of the world.”
Professor Peter Cameron, Director of the CEPMLP and of the ICEA, said:
“Energy-related disputes are now making up more than a third of all disputes in international commerce. For Scotland to stake a claim to expertise in this area is timely and builds on our deep knowledge of all kinds of energy resources.”
Andrew Mackenzie, Chief Executive of the Scottish Arbitration Centre and Secretary General of the ICEA, said:
“We will now consult the energy sector and work with relevant representative bodies to establish current trends and desired requirements in respect of dispute resolution within the industry. This research will support the proposed preparation of bespoke energy arbitration rules. We are keen to hear from the sector, so those interested in contributing or interested to find out more should email email@example.com. In the meantime, we will promote Scottish arbitration under the Arbitration (Scotland) Act 2010 for energy disputes, Scotland as a place to arbitrate such disputes, and the Scottish Arbitration Centre as an appointing body in ad hoc arbitration.”