Between 2009 and 2012 it became clear that the development of the organization and expansion of cooperation in the energy sector needs a new impetus. a number of innovations has been introduced, as well as embarked on reshaping the Energy Charter of the regional organization in the world of energy management. In this regard it should be noted that the Russian Federation has repeatedly stated the need to modernize the Energy Charter Treaty, while Western partners were in favor of the process of modernization of the Energy Charter.
With regard to the new practices, the practice of Presidency of the Energy Charter Conference was introduced in 2013, allowing the government to show leadership and to define the agenda of the organization. Presidency of the Conference shall be made within one calendar year. In 2014 the first in the history of the organization assumed the role of Presidency of the Republic of Kazakhstan. In 2015, this feature has received Georgia, and in 2016 held under the chairmanship of Japan.
However, to attract new members, outside the territorial scope of the original Charter, it was the main objective of the organization. There was a need for a new legal instrument.
Despite the fact that the objectives of the European Energy Charter in 1991 are relevant, they do not fully reflect the new challenges facing developed and developing countries in the XXI century. After the time period, when the Charter was adopted in 1991, was the century of oil and other fossil energy resources. In addition, the declaration does not meet the expectations of the countries due to the presence in it of outdated links - such as GATT, the Soviet Union, European cooperation. Yes, and the document entitled "European Energy Charter" some Asian and African countries are not in a hurry to put his signature.
As a result, in 2012 the organization was involved in the process of modernization. Thus, in its first stage, all efforts have been aimed at creating a new political declaration. the new instrument Negotiations continued in 2013 and 2014, and culminated in the signing ceremony in The Hague in May 2015 the International Energy Charter (MEС).
In total, at the conference in The Hague a new Charter in 2015 unanimously adopted the 73 countries present, as well as the European Commission (EC) and the Economic Community of West African States (ECOWAS); 62 States, the European Commission and ECOWAS have put their signatures under the document. As a result, 18 new states and ECOWAS were first involved in the Energy Charter process. A few other countries have signed MEC after the Conference in The Hague (Korea, Cambodia, Kyrgyzstan). It is expected that in the near future MEC will sign a number of new countries.
Undoubtedly, one of the main achievements was the signing of MEC China, as well as its adoption of a member of OPEC - Iran. With MEC process has expanded to Latin America (Colombia and Chile). All this is evidence that the demand for the principles and rules laid down in the Charter, there is today.
In the framework of the International Energy Charter were put basic principles of the 1991 Charter of the year. In particular this applies to the principles of national sovereignty over energy resources, political and economic cooperation, the development of efficient energy markets, non-discrimination and the creation of favorable conditions for investment.
What is new is an understanding of energy security, to more fully reflect the different points of view of the countries - producers, consumers and transit of energy resources, as well as countries with limited access to energy.