Author : Gao Zhiguo
Release : 1994-11-21
Genre : Law
Kind :
Book Rating : 031/5 ( reviews)

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International Petroleum Contracts:Current Trends and New Directions - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook International Petroleum Contracts:Current Trends and New Directions write by Gao Zhiguo. This book was released on 1994-11-21. International Petroleum Contracts:Current Trends and New Directions available in PDF, EPUB and Kindle. 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.