Oil & Gas Law

Unless the independent regulatory body of refining and petrochemical sector is determined, the chances of successful implementation of "the Code on Aiming to Support the Development of Oil and Gas Condensate Projects in the Industry’s Downstream Sector Using Public Investment" are not high.

The ambiguity of the members' bill in MOA of NIGC has been discussed in this article.

It is clear that the lawsuit of the Economic and Financial Specialist Panel of the Administrative Court of Justice for failing to address two objections to the "Ministers Cabinet Iran Petroleum Contracts Resolution" is incomplete and needs to be completed.

In the recent lawsuit filed by the Economic and Financial Specialist Panel of the Administrative Court of Justice, despite allegations of unlawful paradigm shift of government monopoly on the investment, ownership and management of activities and enterprises dealing with the exploration and production of crude oil and gas but in the end, no assignment has been made.

One-third of this exception is a reason to prove that the rule, "There are exceptions to every rule" is the only rule without exception.

In current situation of Iran, there is no previous legal solution to the "shifting of the previous paradigm of investment, ownership and management of oil resources".

Tehran conference held to introduce new model of Iranian petroleum contracts (IPC) by National Iranian Oil Company.

Almost all Iran's oil insurance policies have been placed intentionally or unintentionally under the self-insurance system of the Iran's government.

This article attempts to briefly examine the impact of Iran's Ministry of Petroleum Act on its stakeholders.