Importance of Renegotiation Clause

Importance of Renegotiation Clause

Dissertation research question

The importance of renegotiation clauses is regarded as a critical notion for the concept of the contract within the oil and gas industry. However, with the constant changes in legislation policies of different countries, to what extent can these clauses be drafted in such a way that is sufficient and beneficial for both parties from an economic and law perspective? Importance of Renegotiation Clause

Research question:

  • What is the significant of renegotiation clauses in oil and gas contract between investor and host government?
  • What are the main factors effecting renegotiation clauses in oil and gas contract?
  • What are the alternatives form of drafting renegotiation clauses benefiting all parties economically as well as legally?

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