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8 - Non-payment and Theft

Published online by Cambridge University Press:  04 June 2019

Anatole Boute
Affiliation:
The Chinese University of Hong Kong
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Summary

Focuses on the reform measures needed to improve payment collection rates and improve the financial viability of energy companies, in the context of the market-based reorganization of energy supply. Besides artificially low energy tariffs, non-payment of energy bills and theft of energy are major causes of the financial difficulties which the utilities face in Central Asia, and in transition and developing economies more generally. Chapter 7 examines the tools that Central Asian law provides to the energy companies to enforce the payment of energy bills and critically discusses judicial practice in the field. Surprisingly, the courts generally play an active role in the enforcement of payment claims. However, utilities find it much more challenging to enforce payment claims against enterprises of strategic interest (e.g., agricultural producers and aluminium and mining companies). The political sensitivity of the energy supply often predetermines the outcome of judicial decisions in non-payment cases.

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Chapter
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Energy Security along the New Silk Road
Energy Law and Geopolitics in Central Asia
, pp. 228 - 252
Publisher: Cambridge University Press
Print publication year: 2019

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  • Non-payment and Theft
  • Anatole Boute, The Chinese University of Hong Kong
  • Book: Energy Security along the New Silk Road
  • Online publication: 04 June 2019
  • Chapter DOI: https://doi.org/10.1017/9781108614481.008
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  • Non-payment and Theft
  • Anatole Boute, The Chinese University of Hong Kong
  • Book: Energy Security along the New Silk Road
  • Online publication: 04 June 2019
  • Chapter DOI: https://doi.org/10.1017/9781108614481.008
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Non-payment and Theft
  • Anatole Boute, The Chinese University of Hong Kong
  • Book: Energy Security along the New Silk Road
  • Online publication: 04 June 2019
  • Chapter DOI: https://doi.org/10.1017/9781108614481.008
Available formats
×