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International Petroleum Contracts: Current Trends and New Directions (International Energy & Resources Law & Policy) [Hardcover]


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Book Description

21 Nov 1994 International Energy & Resources Law & Policy
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.

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Amazon.com: 4.0 out of 5 stars  1 review
4.0 out of 5 stars Good education on petroleum contracts 8 Feb 2014
By Piro - Published on Amazon.com
Format:Hardcover|Verified Purchase
Zhiguo's book has been recommended reading in postgraduate petroleum law courses for some time now and it is easy to see why. It gives a good overview of the different types of international petroleum contracts in lucid terms.
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