Exhibit 5.1 SNOW BECKER KRAUSS P.C. 605 Third Avenue New York, New York 10158-0125 September __, 2001 American International Petroleum Corporation 2950 North Loop West Houston, Texas 77092 Re: Registration Statement on Form S-8 Gentlemen: We have acted as counsel to American International Petroleum Corporation, a Nevada corporation (the “Company”), in connection with the Company’s Registration Statement on Form S-8 (the “Registration Statement”) to be filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended. The Registration Statement includes 10,000,000 shares of common stock that may be issued under the AIPC Long-Term Performance Plan (the “Plan”) of the Company. As counsel to the Company, we have examined the Company’s Restated Articles of Incorporation, as amended, By-laws, the Plan, records of corporate proceedings, and such other documents as we have deemed necessary or appropriate as a basis for the opinions set forth below. In such examination, we have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the accuracy and completeness of all documents submitted to us as copies and the authenticity of the originals of such latter documents. As to any facts material to such opinions, which we did not independently establish or verify, we have relied upon statements or representations of officers and other representatives of the Company, public officials or others. Based on the foregoing, we are of the opinion that: |