International petroleum contracts : current trends and new directions

Author(s)

Bibliographic Information

International petroleum contracts : current trends and new directions

Zhiguo Gao

(International energy and resources law and policy series)

Graham & Trotman, 1994

Available at  / 5 libraries

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Note

Bibliography: p. 243-250

Includes index

Description and Table of Contents

Description

This book analyzes the development policies behind the evolution of various arrangements for international petroleum exploitation. By studying examples of the principal categories of petroleum arrangements in four representative developing countries (Thailand, Indonesia, Brazil and China), this study examines in particular the issues of recent trends and new directions in contractual development and environmental sustainability that are reflected in both the structure and substance of the modern petroleum contracts that have emerged since the 1950s. Modern petroleum contracts are generally able to achieve a greater commerciality and mutuality of interests, but they have failed to produce a necessary balance between resources extraction and environmental sustainability. The future direction for petroleum agreements is that they must explicitly recognize the inherent interdependence of commercial viability and sustainable development.

Table of Contents

  • Historical review of international petroleum arrangements
  • Thailand's modern concession contract
  • Indonesia's production-sharing contract
  • Brazil's risk service contract
  • China's hybrid contract
  • the main features of modern petroleum contracts
  • recent trends and new directions in petroleum agreements
  • list of cases.

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