Cross-selling agreement in the oil-gas industry and its role in Iran's policies

Document Type : Original Article

Authors

1 PhD Student in Private Law, Faculty of Law and Political Science, Shiraz University

2 PhD in Public Law, Shahid Beheshti University

3 Master of Private Law, Kashan University

4 Master of Finance Management, Financial Engineering and Risk Management, Shahid Ashrafi University of Isfahan

10.30510/psi.2022.306586.2368

Abstract

Reciprocal contracts lead to the transfer of technology to developing countries, then to develop oil and gas fields and expand investment in this area, the Ministry of Oil and Gas has no choice but to conclude reciprocal contracts with other governments and foreign private companies. According to Iranian law, because oil and gas resources are part of public wealth, the right to sovereignty over resources is the responsibility of the Iranian government, so it is concluded through the method of reciprocal sale. Therefore, with the analytical-descriptive method and in the form of a library, we try to examine the reciprocal sales contracts related to the oil and gas industry in order to make the necessary structural adjustments and adjustments to achieve optimal conditions and mechanisms. Research shows. Due to the nature of the laws of the Islamic Republic of Iran, reciprocal sale agreements are appropriate and thus neither the oil and gas industry is dominated by foreigners nor the government loses its dominance over oil and gas resources. The interests of both parties to the contract are secured. In the present study, we will explore these contracts and provide solutions for concluding cross-selling agreements as well as possible, including the enactment of new laws in accordance with current conditions and legal-commercial principles.

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