Investigating production sharing agreement as a way to attract investment in Iran's oil industry

Subject Areas : Journal of Investment Knowledge

mohammad amin salarian ¹ , ali zare ² , mohsen mohebi ³ , sadegh abdi ⁴

1 - Ph.D. Student in International Law, Public Law, Department of International Law, faculty of law, science and research branch, Islamic azad university, Tehran, iran
2 - Ph.D. in business Law, Assistant Prof. of Department of International Law, faculty of law, science and research branch, Islamic azad university, Tehran, iran
3 - Ph.D. in international Law, Assistant Prof. of Department of International Law, faculty of law, science and research branch, Islamic azad university, Tehran, iran
4 - Ph.D. in oil and gas law, university of Tehran, Tehran, Iran

Received: 2020-06-15 Accepted : 2020-10-06 Published : 2022-06-22

Keywords: buy-back contracts, Production sharing agreement, oil contracts, Oil and Gas Industry, legal nature,

Abstract :

Production sharing agreements are one of the most important upstream contracts in the international oil and gas industry. This deal has always been a good substitute for the country's international oil contracts by critics of the industry. Now, in order to explain the status and suitability of this contract with the upstream documents of the country and to analyze its principles from the perspective of religious principles, this article will analyze the nature and most important legal aspects of this agreement. So achieve this goal, we first analyze the legal nature of the this agreement and then briefly review the most important legal features of the country's upstream oil and gas cooperative contracts, and finally review the laws to assess the applicability of these contracts to the upstream oil and gas sector.

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