Document Type : Scientific Research
Authors
Abstract
Drawing up oil and gas contacts is a totally technical task which has a close connection to the political, legal and economical regulation of the country with the oil.
Now a days existence of various contracts has key roles in the world of international commerce and the importance of the oil and gas contracts is doubled due to the ever increasing needs of industry to oil and gas energy. Besides, discovery, extraction, production and exploitation of oil requires huge expenses. therefore, the regal impacts of different contracts and causing motivation for foreign investigation have critical roles. Examination of the law principles ruling the upstream contracts of oil and gas industry are considered in this study based on the library research method through consideration of the legal obligation , the principles of the annual budget, and various kinds of upstream contracts, we come to this point that in spite of the variation in contracts. they all follow the same legal principles. Such variations are used to cause more motivation and support for foreign investment through maintaining the national ownership of the country over its gas and oil resources.
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