Aspects of International Petroleum Agreements
Keywords:Energy Law, Petroleum Law
AbstractThe authors consider the inclusion of four types of provisions in international petroleum agreements: frameworks for appraisal determining commerciality, minimum work commitment sections, force majeure clauses and provisions for international dispute resolution. In discussing each of these areas, the authors include sample clauses and consider issues that may impact on the of such clauses, from the point of view of international oil companies and host countries.
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