Open AccessOn Concept of “Oil” in the Russian Legal System and in the Laws of Foreign Countries
Author(s) -
Vyacheslav Yu. Gusyakov
Publication year - 2021
Publication title -
energy law forum
Language(s) - English
Resource type - Journals
ISSN - 2410-4396
DOI - 10.18572/2410-4396-2020-4-90-92
Subject(s) - legislature , opposition (politics) , political science , revenue , law , state (computer science) , business , law and economics , economics , accounting , politics , algorithm , computer science
At present, the Russian gross domestic product consists mainly of revenues related to the sale of oil. At the same time, the current Russian laws has no definition of oil, while in the neighbouring countries, including Kazakhstan, Kyrgyzstan, Tajikistan and Ukraine, such a definition is present in the laws. In Russia, many attempts have been made to regulate public relations related to oil in detail, both on the federal and regional levels. However, such initiatives have always faced opposition, despite the fact that even today the legal regime of relations related to oil in Russia is not comprehensive. The author justifies the need for a legislative definition of oil and attempts to provide such a definition. The definition of oil may be particularly important when disputes arise between legal entities on different levels (whether private companies or public authorities acting on behalf of the state), since even the basic concepts may not coincide in their legal meaning in different national legal systems.