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E-book
Author Fard Kardel, Mahmoud

Title The Development of Iran's Upstream Oil and Gas Industry : the Potential Role of New Concession Contracts
Published Milton : Routledge, 2019

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Description 1 online resource (211 pages)
Series Routledge Research in Energy Law and Regulation Ser
Routledge research in energy law and regulation.
Contents Cover; Half Title; Series Page; Title Page; Copyright Page; Dedication; Contents; Abstract; List of selected acronyms; Key definitions; Acknowledgements; 1 Introduction; 1.1 Classic concession contract; 1.2 New concession contract; 1.3 Need for Iran to transition to NCC; 1.4 Main question; 1.5 Background of Iran's oil and gas contracts; 1.5.1 Pre-nationalisation period (1901-1951); 1.5.2 Hybrid period (1951-1979); 1.5.3 Contemporary period (1979-2018); 1.6 Overview of Iran's oil and gas legal development; 1.7 Methodology; 1.8 Book structure; 1.9 Conclusion
2 History and legal framework of Iran's oil and gas contracts and sectors of oil and gas industry2.1 Oil and gas industry of Iran; 2.1.1 The upstream sector; 2.1.2 The downstream sector; 2.2 History and legal frameworks of Iran's oil and gas; 2.2.1 From exploration to nationalisation (1901-1951); 2.2.2 From nationalisation to revolution (1951-1979); 2.2.3 From 1979 Islamic Republic of Iran's revolution to the present day; 2.3 Legal and comparative analysis; 2.3.1 Ownership; 2.3.2 Duration; 2.3.3 Income; 2.4 Conclusion
3 The nature and features of classic and new oil and gas concession contracts3.1 Definition of concession agreement; 3.2 Classic concession contracts; 3.2.1 Definition; 3.2.2 The legal nature of oil and gas concession contracts; 3.2.3 Features; 3.3 New concession contracts; 3.3.1 Features; 3.4 Distinguishing between the classic concession and the new concession contract; 3.4.1 Party; 3.4.2 Method of awarding; 3.4.3 Area of concession; 3.4.4 Duration; 3.4.5 Ownership; 3.4.6 Government revenue; 3.4.7 Taxation; 3.4.8 Participation; 3.4.9 Control; 3.4.10 Renegotiation
3.4.11 Settlement of dispute3.5 Conclusion; 4 New concession contract: comparative national framework; 4.1 Brazil; 4.1.1 Brazilian rounds: granting of exploration and production rights; 4.1.2 Main contractual terms; 4.2 Thailand; 4.2.1 Parties to the contract; 4.2.2 Reserve ownership in Thailand; 4.2.3 Main contractual terms; 4.3 Australia; 4.3.1 Ownership and accessibility; 4.3.2 Licence and modern licensing regime; 4.3.3 Australian modern licensing regime; 4.4 United Kingdom; 4.4.1 Licensing system; 4.4.2 Features; 4.5 Norway; 4.5.1 Licensing regime; 4.5.2 Licensing system in Norway
4.6 Conclusion5 Current oil and gas contract framework in the world and comparisons between them; 5.1 Production Sharing Agreement (PSA); 5.1.1 Definition; 5.1.2 Legal nature; 5.1.3 Structure; 5.1.4 Main terms and features; 5.2 Joint venture (JV); 5.2.1 Legal nature; 5.2.2 Main terms; 5.3 Service contract; 5.3.1 Legal nature; 5.4 Iranian Buy-Back Contract; 5.4.1 Definition; 5.4.2 Why and how Iran acceded to buy-back; 5.4.3 Buy-back generations; 5.4.4 Main terms of IPC; 5.4.5 Critical analysis of IPC; 5.4.6 Features of buy-back; 5.4.7 Result and analysis criticism
Summary This book critically examines different forms of petroleum contracts, the historical perspective of the oil and gas industry and the political economy of the petroleum development in Iran. In doing this, the author provides analysis of the concept of concession in oil and gas development. This is discussed through the main forms of concession contracts; namely, the classic concession contract (CCC) and the new concession contract (NCC). The book ties together much of the existing work on the history of oil and gas regulation in Iran and builds on that foundation to propose a coherent and balanced approach within the framework of the NCC. To consider the role of the NCC in developing national upstream oil and gas industry, comparative examples are drawn from countries currently using, or having previously used, NCC oil and gas contracts. The selected developed and developing countries are Brazil, Thailand, the United Kingdom, Australia and Norway. The analysis considers the extent to which the NCC has served to advance the objectives and national interests of the national governments in this industry. The book involves acomparative exploration of the utilisation of NCCs in other jurisdictions and synthesises a framework through which Iran may develop its underutilised oil and gas resources. Of interest to academics, students and practitioners throughout the world, this book focuses on the relevant aspects of Iran's Constitution and natural resource laws and makes recommendations for law reform to Iran's legal frameworks
Notes 5.5 Criteria for evaluating and comparison between oil and gas contractual framework
Bibliography Includes bibliographical references and index
Notes Dr Mahmoud Fard Kardel has a PhD in law from Western Sydney University in Australia (2018). Kardel has published las titles in international journals in Europe, Australia, Asia and Iran. Dr Kardel has practiced law in Tehran (2007) and is due to take on an academic position as an Assistant Professor of Law at Shahid Beheshti University (National University of Iran) in July 2020
Print version record
Subject Natural resources -- Iran
Oil industries -- Iran
Gas industry -- Iran
LAW -- Natural Resources.
LAW -- Contracts.
LAW -- Commercial -- General.
Gas industry
Natural resources
Oil industries
Iran
Form Electronic book
ISBN 9781000699319
1000699315
9780429329609
0429329601
9781000699791
100069979X
9781000699555
1000699552