Oil and Gas Contracts: a Law in Context Analysis Using Nigeria As a Case Study

Total Page:16

File Type:pdf, Size:1020Kb

Oil and Gas Contracts: a Law in Context Analysis Using Nigeria As a Case Study OIL AND GAS CONTRACTS: A LAW IN CONTEXT ANALYSIS USING NIGERIA AS A CASE STUDY JAMIU OLOHUNDARE ADEBAYO, LLB (Hons), LPC, LLM. A THESIS SUBMITTED IN PARTIAL FULFILMENT OF THE REQUIREMENTS OF THE UNIVERSITY OF WOLVERHAMPTON FOR THE DEGREE OF DOCTOR OF PHILOSOPHY DECEMBER 2018 This work or any part thereof has not previously been presented in any form to the University or to any other body whether for the purposes of assessment, publication or for any other purpose (unless otherwise indicated). Save for any express acknowledgements, references and/or bibliographies cited in the work, I confirm that the intellectual content of the work is the result of my own efforts and of no other person. The right of Jamiu Olohundare Adebayo to be identified as the author of this work is asserted in accordance with ss.77 and 78 of the Copyright, Designs and Patents Act 1988. At this date copyright is owned by the author. Signature………………………… Date……………………………… i ABSTRACT The legal and regulatory framework of the oil and gas industry and the contracting obligations arising thereof have evolved over time in many forms across oil producing states. Given the peculiarities of each of these oil producing states, the framework is constantly changing. The changing face of politics, climate and rapidly developing technology are changing the landscape of the industry, demanding a fundamental need for petroleum resource-endowed states to take a strategic view and choose what legal framework and contracting approaches are likely to deliver their ultimate objective: optimum production with topmost financial gains. The idea behind the exploration and exploitation of natural resources is to attract foreign direct investment (FDI) into developing states with the anticipation that such investment will put them on the centre stage of global economics and lead to an improvement in research and technology transfer that would sustain economic growth and development. However, the objective of transnational corporations is to maximise their profits. Ultimately, it is the exploration licensing contracts that states use to implement oil exploration and exploitation policies. The present research therefore seeks to look at the dynamics of the legal and regulatory framework of the oil and gas industry focussing on its everchanging contract types and nature. The research attempts to look at the causes of the imbalance in international oil and gas contracts with an eye on the observation that one of the causes of the imbalance are the investment treaties because they focus on a state’s obligations with little or no focus on obligations from transnational corporations towards the states. Some critical clauses that need to be taken into account by parties to the contract are also explored because it is argued that contractual clauses are also among the causes of imbalance in international oil and gas contracts. This research therefore addresses the causes of imbalance by looking at the problems associated with investment treaties and the long-term contractual relationship between the host states and the transnational corporations, particularly the associated risks with oil and gas contracts such as; political, economic, natural and technical risks. Essentially, the study will narrow down on the processes, technicalities, case studies and the features of four main types of oil and gas contracts namely, Production Sharing Agreement, Joint Ventures, Service Contracts and the two Concessions, (Old and New). The research also attempted to answer the following questions: what is the current structure of oil contracts and to what extent can parties’ commitments be altered to ensure the sustenance of economic stability? Which type of contract is the best for development and financial purposes? What are the causes of imbalance in the oil contract and to what extent have the principles of international environmental law been utilised at a state level and whether developing countries have been able to overcome the pressures from transnational corporations on the issue of environmental law? The research will address these questions through its five chapters. ii ACKNOWLEDGEMENT Special thanks to Almighty God for the grace and opportunity that He has afforded me to complete this research work successfully. My appreciation also goes to everyone that has supported me and contributed to the successful completion of this research. Many thanks to my Supervisor, the Director of Studies, Professor Andrew Haynes for his assistance and guidance during my work on this research. He created time out of his busy schedule to read, comment and discuss in order to improve the quality of my research and I must be honest to say this; Professor Haynes is a good man and an excellent Supervisor. I would like to thank Professor Charles Chatterjee for his valuable contribution and comments on all of this study. I appreciate many useful discussions with him and his criticism has helped me in many ways, particularly on the relevant legal issues surrounding my work on this research. I would love to express my gratitude to my parents, Alhaji Amosa Adebayo and Alhaja Habeebat Odee Adebayo for their support, love, encouragement and care throughout my PhD programme at the University of Wolverhampton. In a magnificent way, I wish to express my gratitude to my beloved wife, Alhaja Bilikis Ajoke Adebayo, my son, Hajj Ibrahim Adebayo and my daughters, Fridaous Adebayo and Iradat Adebayo, without your support and understanding, I could not have completed this research. Many people supported my doctoral research, yet without my brother, Alhaji Ibrahim Ajibola Kareem’s support, this research would not have been completed. I cannot thank you enough, Boda. Equally, I am indebted to my friend, Alhaji Afeez Oladimeji for his support and kindness that have contributed to the completion of this research. Finally, I wish to acknowledge the support given to me during the course of this research by the School of Law, Doctoral College, the Management of the University of Wolverhampton and members of staff in the Walsall Learning Centre. I am grateful to you all. iii TABLE OF CONTENTS ABSTRACT ............................................................................................................................................ ii ACKNOWLEDGEMENT ..................................................................................................................... iii TABLE OF CONTENTS ....................................................................................................................... iv ABBREVIATIONS ............................................................................................................................. viii INTRODUCTION .................................................................................................................................. 1 Hypotheses .............................................................................................................................................. 7 Methodology ......................................................................................................................................... 15 CHAPTER 1 ......................................................................................................................................... 21 THE CURRENT STRUCTURE OF INTERNATIONAL OIL CONTRACTS ................................... 21 1.1 Introduction ............................................................................................................................. 21 1.2 The Balancing of Interest between oil companies and host countries ................................ 29 1.3 Lack of treaty provisions which ensure a symmetric investment-protection system........ 46 1.4 Lack of provision in regulating investor conduct in Investment Treaties ......................... 48 1.5 How may a balance be struck .................................................................................................. 51 1.6 The general aspiration of oil companies in exploring and exploiting natural resources. ... 55 1.7 Economic and tax incentives ................................................................................................. 56 1.8 Expansion of trade .................................................................................................................. 57 1.9 Relaxed legal regimes and tax incentives ................................................................................ 58 1.10 Labour force incentive .......................................................................................................... 58 1.11 The host states’ benefits from the exploitation of natural resources .................................. 60 1.12 Socio-economic development ................................................................................................. 61 1.13 Technology Transfer (TT) and Development ....................................................................... 64 1.14 Conclusions ............................................................................................................................ 78 CHAPTER 2 ......................................................................................................................................... 80 DUTIES OF TRANSNATIONAL CORPORATIONS AND HOW A RIGHT BALANCE MAY BE STRUCK ............................................................................................................................................... 80 2.1 Introduction ............................................................................................................................
Recommended publications
  • A Legal Analysis of Production Sharing Contract Arrangements in the Nigerian Petroleum Industry
    Journal of Energy Technologies and Policy www.iiste.org ISSN 2224-3232 (Paper) ISSN 2225-0573 (Online) Vol.5, No.8, 2015 A Legal Analysis of Production Sharing Contract Arrangements in the Nigerian Petroleum Industry Dr. Taiwo Adebola Ogunleye Department of Business Law, Faculty of Law, Obafemi Awolowo University, Ile-Ife. Nigeria, Abstract Production sharing contract (PSC) is an arrangement used in the upstream sector for the exploration and development of petroleum resources. Several oil producing countries, particularly the developing ones have adopted it as a contract for the exploration and development of their oil and gas resources. Nigeria has adopted it for the exploration and development of the offshore and inland basin. This paper examined the concept and general basic features of PSC. It went further to look at the PSC arrangements in Nigeria and observed that there are various models of PSC executed in Nigeria and identified the significant differences in each one. In addition, it reviewed the Deep Offshore and Inland Basin Production Sharing Contracts Act, 1999 which gave legislative backing to the fiscal terms granted by the Government to certain PSC models. It evaluated the various models of PSC executed in Nigeria and ascertained the shortcomings in them. Keywords: production sharing contract, different models of production sharing contract in Nigeria 1. Introduction Production Sharing Contract (PSC) is a distinct petroleum arrangement that has been adopted by many developing countries in the exploration and production of their petroleum resources as it guarantees the sovereign right of the state over these resources and meets their economic desires by providing capital and technology for their production.
    [Show full text]
  • Law on Pollution and Debris from Oil and Gas Drilling and Production Operations Offshore Nova Scotia
    Schulich School of Law, Dalhousie University Schulich Law Scholars LLM Theses Theses and Dissertations 1998 Law on Pollution and Debris from Oil and Gas Drilling and Production Operations Offshore Nova Scotia Boris B. De Jonge Follow this and additional works at: https://digitalcommons.schulichlaw.dal.ca/llm_theses Part of the Administrative Law Commons, Environmental Law Commons, Law of the Sea Commons, and the Oil, Gas, and Mineral Law Commons LAW ON POLLUTION AND DEBRIS FROM OIL AND CAS DRILLING AND PRODUCTION OPERATIONS OFFSHORE NOVA SCOTIA by Bons B. de Jonge Submitted in partial fùlfillment of the requirements for the degree of Master of Laws Dalhousie Law School Halifax, Nova Scotia December 1998 Copyright O Boris B. de Jonge, 1998 National Library Bibliothèque nationale 1*1 ofCanada du Canada Acquisitions and Acquisitions et Bibliographie Services seiuices bibliographiques 395 Wellington Street 395. rue Wellington OttawaON K1A ON4 OaawaOcu KlAW canada canada The author has granted a non- L'auteur a accordé une licence non exclusive licence allowing the exclusive permettant à la National Library of Canada to Bibliothèque nationale du Canada de reproduce, loan, distribute or sell reproduire, prêter, distribuer ou copies of this thesis in microform, vendre des copies de cette thèse sous paper or electronic formats. la forme de microfiche/film, de reproduction sur papier ou sur format électronique. The author retains ownership of the L'auteur conserve la propriété du copyright in this thesis. Neither the droit d'auteur qui protège cette thèse. thesis nor substantial extracts fiom it Ni la thèse ni des extraits substantiels may be printed or otherwise de celle-ci ne doivent être imprimés reproduced without the author's ou autrement reproduits sans son permission.
    [Show full text]
  • Petroleum Act 1998 (Energy Bill 2015-16 Keeling Schedule)
    Page 1 This Schedule has been prepared by the Department of Energy and Climate Change (DECC) in connection with the Energy Bill 2015-16. It is also available online at the Bills before Parliament pages on www.parliament.uk ENERGY BILL 2015-16 “KEELING” SCHEDULE This Schedule shows the Petroleum Act 1998, including all previous amendments, as it would look when amended by the Energy Bill 2015-16, were the Bill to be enacted in the state in which it was introduced to the House of Commons (HC Bill 92 2015-16) It has been prepared by the DECC, using legislation.gov.uk as its primary source, checked against Lex- isNexis. Its purpose is to assist readers of the Bill and help inform debate on it. It does not form part of the Bill and has not been endorsed by Parliament. DECC January 2016 Petroleum Act 1998 1998 CHAPTER 17 An Act to consolidate certain enactments about petroleum, offshore installations and submarine pipelines. [11th June 1998] BE IT ENACTED by the Queen's most Excellent Majesty, by and with the advice and consent of the Lords Spiritual and Temporal, and Commons, in this present Parliament assembled, and by the authority of the same, as follows:-- PART I PETROLEUM 1 Meaning of "petroleum" 2 Rights to petroleum vested in Her Majesty 3 Licences to search and bore for and get petroleum 4 Licences: further provisions [4A Onshore hydraulic fracturing: safeguards] [4B Section 4A: supplementary provision] 5 Existing licences [5A Rights transferred without the consent of Secretary of State] [5B Information] [5C Offences under section
    [Show full text]
  • 2005/06 Annual Service Plan Report National Library of Canada Cataloguing in Publication Data British Columbia
    Ministry of Energy, Mines and Petroleum Resources 2005/06 Annual Service Plan Report National Library of Canada Cataloguing in Publication Data British Columbia. Ministry of Energy, Mines and Petroleum Resources. Annual service plan report. — 2005/06 – Annual. Continues: British Columbia. Ministry of Energy and Mines. Annual service plan report. ISSN 1705-9275. ISSN 1911-0162 = Annual service plan report (British Columbia. Ministry of Energy, Mines and Petroleum Resources) 1. British Columbia. Ministry of Energy, Mines and Petroleum Resources – Periodicals. 2. Mines and mineral resources – British Columbia – Periodicals. 3. Mineral industries – Government policy – British Columbia – Periodicals. 4. Petroleum industry and trade – Government policy – British Columbia – Periodicals. I. Title. II. Title: Ministry of Energy, Mines and Petroleum Resources ... annual service plan report. TN27.B7B74 354.4’0971105 C2006-960091-0 For more information on the British Columbia Ministry of Energy, Mines and Petroleum Resources, contact: Ministry of Energy, Mines and Petroleum Resources PO BOX 9319 STN PROV GOVT VICTORIA BC V8W 9N3 or visit our website at http://www.gov.bc.ca/em/ Published by the Ministry of Energy, Mines and Petroleum Resources Ministry of Energy, Mines and Petroleum Resources Message from the Minister and Accountability Statement Energy, mining and petroleum resources drive British Columbia’s dynamic and modern economy. B.C. is experiencing renewed development of these important resource sectors within our thriving economy. B.C.’s real GDP grew by a solid 3.5 per cent in 2005, slightly faster than the 3.4 per cent growth rate forecast in the September Budget Update. This growth ranks B.C. first in Canada in per capita job creation in 2005.
    [Show full text]
  • Doktorat (3.692Mb)
    УНИВЕРЗИТЕТ У БЕОГРАДУ ФАКУЛТЕТ ПОЛИТИЧКИХ НАУКА МЕЂУНАРОДНЕ И ЕВРОПСКЕ СТУДИЈЕ Маја Кадијевић ПОЛИТИКА СНАБДЈЕВАЊА ПРИРОДНИМ ГАСОМ У ЕВРОПСКИМ ДРЖАВАМА Докторска дисертација Београд, 2021. I UNIVERSITY OF BELGRADE FACULTY OF POLITICAL SCIENCES INTERNATIONAL AND EUROPEAN STUDIES Maja Kadijevic NATURAL GAS PROCUREMENT POLICIES OF THE EUROPEAN STATES Doctoral Dissertation Belgrade, 2021. II Ментор: __________________________ Проф. др Снежана Ђорђевић, Редовни професор Факултета политичких наука, Универзитет у Београду Чланови Комисије: ___________________________ Проф. др Слободан Самарџић, Редовни професор Факултета политичких наука, Универзитет у Београду ___________________________ Проф. др Дарко Надић, Редовни професор Факултета политичких наука, Универзитет у Београду ___________________________ Проф. др Дарко Радосављевић, Редовни професор Технолошко металуршког факултета, Универзитет у Београду Датум одбране: ____________________________ III Ову дисертацију посвећујем мајци Зорици, која је својим животом показала да је човјечност једина титула којој треба тежити и која се доказује цијелог живота. Дугујем захвалност оцу Трипку на идеји да упишем докторске студије, а посебно супругу Милану за сву подршку, стрпљење и мотивацију које је пружао током писања овог рада. IV ПОЛИТИКА СНАБДЈЕВАЊА ПРИРОДНИМ ГАСОМ У ЕВРОПСКИМ ДРЖАВАМА Резиме Основни предмет истраживања ове дисертације представља анализа политика снабдјевања природним гасом европских држава, укључујући чланице ЕУ и оне које то нису, као и анализа улоге државе као креатора политика у овом процесу. Анализирана је једна од најважнијих секторских политика ЕУ у последње вријеме, енергетска политика, као и енергетска политика Русије као највећег снабдјевача природним гасом у Европи, али и осталих земаља Европе, које, независно од тога да ли се придружују или иступају из ЕУ, узајамно утичу на односе и процесе на европском енергетском тржишту. Крајњи циљ овог истраживања је дефинисање начина креирања политике набавке гаса у европским земљама са аспекта тржишних и институционалних фактора који је условљавају.
    [Show full text]
  • Between a Rock and a Hard Place: Does the Treaty of Waitangi Provide
    BETWEEN A ROCK AND A HARD PLACE: DOES THE TREATY OF WAITANGI PROVIDE AN AVENUE FOR IWI TO ASSERT LEGAL INTERESTS IN MINERALS IN THE CROWN OWNED CONSERVATION ESTATE? Amy Douglas A dissertation submitted in partial fulfilment of the degree of Bachelor of Laws (with Honours) at the University of Otago October 2010 ACKNOWLEDGMENTS A heartfelt thank you to Jacinta for your guidance and patience, and for always going over and above the call of duty. To my family, immediate and extended, for always believing in me. To the office, for the friendship, support and good times in 9N12 in 2010. To 17 Bath Street, my “second home”, for always providing me with light relief. Thank you to Kendal Luskie for your technical support and proofreading skills. Finally, thank you to Mike, for your love and support, and for ensuring I kept everything in perspective this year. i TABLE OF CONTENTS Introduction 1 Chapter One: Current Maori Legal Interests in Minerals in the Conservation Estate 3 1.1 The Conservation Estate 3 1.2 Mining in the Conservation Estate 7 1.3 Maori Interest in Minerals in the Conservation Estate 12 (a) Treaty Principles Sections 12 (b) The Crown Minerals Act 1991 13 (c) Pounamu 13 (d) Marine and Costal Area (Takutai Maona) Bill 2010 15 1.4 Conclusion 17 Chapter 2: The “Principles of the Treaty of Waitangi” in the Statutory Framework 18 2.1 The Treaty of Waitangi in New Zealand‘s contemporary legal framework 18 2.2 The Treaty Principles Applied to Minerals in the Conservation Estate 24 (a) Crown Minerals Act 1991 24 (b) Access decisions
    [Show full text]
  • Joint Venture Oil and Gas Agreement
    Joint Venture Oil And Gas Agreement weightilyUngainful and and wainscoted degradable his Urbano forb. Frankyalways stillaborts instigating anagogically egotistically and tote while his gloaming.prefatorial ElegiacShepperd and overrules rock-ribbed that Hasty tunic. always reaccustom Similarly the contract gives Nigeria more economic return or form of Petroleum income Tax PPT royalties equity margin the lower production cost per barrel where oil. Please enter into joint agreement. As to discuss them are and gas is a focus on a single scope of the amount of these key question of any remuneration fee. Joint care Oil & Gas just East. Joint Venture Agreements in the Qatari Gas having A. Getting us improve our knowledge in the initial well positioned to joint venture and oil gas property shall from the validation is advised the. Contact Our medium Oil Gas 360 co EnerCom Inc 410 17th Street Suite 250 Denver CO 0202 360support. If house tax partnership is elected the same election should also be approach in its joint operating agreement that governs the border area or exploration area spy some. Necessary for sufficient working investment and venture? Oil & Gas Joint venture issues in with low oil price scenario. Three cas and how to funding deadlines are governed by that produces gas deposits which is particularly popular in the two licence or obligations. Joint ownership of flour oil by gas interest still be created through several factual. Why Do International Oil Companies Engage in which Venture Agreements in the Qatari Gas Industry Dunning's Ownership Location and Joint Internalisation. A INTRODUCTION Where in particular joint except in various petroleum.
    [Show full text]
  • International Oil & Gas Law, Contracts, and Negotiations
    Association of International Petroleum Negotiators Institute for Energy Law of The Center for American and International Law International Oil & Gas Law, Contracts, and Negotiations Doubletree by Hilton Houston Downtown Houston, Texas PART 1 PART 2 From Concept to Discovery From Discovery to Decommissioning September 26-30, 2016 October 3-7, 2016 Risks of International Investments International Project Development Risks Confidentiality Agreements Sanctions Ethics and Anti-Bribery Compliance Boundary Disputes Bidding Agreements Seismic Contracts, Data Use & Exchange Agreements AMI Agreements Unconventional Resources Development Granting Instruments Crude Oil Marketing Stabilization Issues International Drilling and Service Contracts Joint Operating Agreements Corporate Social Responsibility & Business Ethics JOA Accounting Procedures Decommissioning Issues Participation (Farmout) Agreements Stock Purchase Agreements Unitization Issues International Dispute Resolution Crude Oil Lifting Agreements Natural Gas Sales Agreements International Dispute Resolution Natural Gas Pipeline Transportation Natural Gas Balancing LNG Project Development These courses are limited to 100 participants each week. International Oil & Gas Law, Contracts, and Negotiations Part 1 – From Concept to Discovery MONDAY, SEPTEMBER 26 TUESDAY, SEPTEMBER 27 9:00-9:15 Introductions 9:00-10:30 HARRY W. SULLIVAN, JR., International Energy Attorney, Dallas Granting Instruments ELIZABETH ELJURI, Chief Negotiator and Chief Legal Counsel, • Concessions Sierra Oil and Gas, Mexico
    [Show full text]
  • The Mineral Industry of Brunei in 2011
    2011 Minerals Yearbook BRUNEI U.S. Department of the Interior September 2013 U.S. Geological Survey THE MINERAL INDUSTRY OF BRUNEI By Pui-Kwan Tse Brunei (Negara Brunei Darussalam) is located in Southeast In 2010, after 6 years of territorial dispute, the Governments Asia on the northwest end of Borneo Island, where it shares a of Brunei and Malaysia signed an Exchange of Letters that common border with the Malaysian State of Sarawak. Brunei is identifies the maritime boundaries between the two countries. one of the highest per capita income countries in the Asia and The two Governments planned next to establish commercial the Pacific region owing mainly to its significant natural gas and oil and gas agreement areas. The territorial dispute began oil resources. In addition to the natural gas and oil resources, in 2003 when the Governments of Brunei and Malaysia Brunei also has small resources of carbonate rocks, coal, kaolin, awarded petroleum production-sharing contracts separately for sand and gravel, and silica sand. overlapping deepwater exploration blocks in the South China The revenue of the natural gas and oil sector accounted Sea. The Government of Brunei awarded one of its exploratory for 70% of the country’s gross domestic product (GDP). blocks to a consortium of Total S.A. of France and the other The output of natural gas and oil decreased from a peak of to a consortium of Royal Dutch/Shell Petroleum Co.; the 219,000 barrels per day (bbl/d) in 2006 to 170,000 bbl/d in Government of Malaysia awarded its two blocks to Murphy Oil 2010, which reflected the maturity of the country’s oilfields.
    [Show full text]
  • Mitigation of Greenhouse Gas Emissions from Gas Flaring in Nigeria: Perspectives on Law and Regulation
    Mitigation of Greenhouse Gas Emissions from Gas Flaring in Nigeria: Perspectives on Law and Regulation A Thesis Submitted to the College of Graduate and Postdoctoral Studies In Partial Fulfillment of the Requirements For the Degree of Master of Laws (LLM) In the College of Law University of Saskatchewan Saskatoon By Gideon Odionu © Copyright Gideon Odionu, September, 2018. All rights reserved. PERMISSION TO USE In presenting this thesis/dissertation in partial fulfillment of the requirements for a Postgraduate degree from the University of Saskatchewan, I agree that the Libraries of this University may make it freely available for inspection. I further agree that permission for copying of this thesis/dissertation in any manner, in whole or in part, for scholarly purposes may be granted by the professor or professors who supervised my thesis/dissertation work or, in their absence, by the Head of the Department or the Dean of the College in which my thesis work was done. It is understood that any copying or publication or use of this thesis/dissertation or parts thereof for financial gain shall not be allowed without my written permission. It is also understood that due recognition shall be given to me and to the University of Saskatchewan in any scholarly use which may be made of any material in my thesis/dissertation. Requests for permission to copy or to make other uses of materials in this thesis/dissertation in whole or part should be addressed to: Associate Dean Research and Graduate Studies College of Law, University of Saskatchewan, 15, Campus Drive, Saskatoon, Saskatchewan S7V 5A6 Canada OR Dean College of Graduate and Postdoctoral Studies University of Saskatchewan Room 116 Thorvaldson Building, 110 Science Place Saskatoon, SK CANADA S7N 5C9 i ABSTRACT This thesis explores the practicability of adopting legislative reforms as a solution to the problem of gas flaring in Nigeria.
    [Show full text]
  • A Comparative Foreign Policy Analysis of Weak States: the Case of the Caucasus States Yasar Sari Charlottesville, Virginia B.A
    A Comparative Foreign Policy Analysis of Weak States: The Case of the Caucasus States Yasar Sari Charlottesville, Virginia B.A., Istanbul University, 1993 M.A., Old Dominion University, 1997 A Dissertation presented to the Graduate Faculty of the University of Virginia in Candidacy for the Degree of Doctor of Philosophy The Woodrow Wilson Department of Politics University of Virginia December 2008 Abstract Keywords: Caucasus states, Russia, foreign policy analysis, weak state The key features of foreign policy formulation and execution in Armenia, Azerbaijan and Georgia are selected in an attempt to reveal the sources of foreign policy-behavior of new, post- Soviet (and in effect post-imperial) states during the 1990s. More specifically, this is a comparative study of the foreign policies of the Caucasus states as new states toward the Russian Federation as the ex-imperial center. The purpose of the dissertation is to verify the relative significance of internal factors and level of external assistance in shaping the foreign policy of weak states. Therefore, the key theoretical contribution of the dissertation is to understand foreign policy change in weak states during their early years of independence. The newly independent Caucasus states are weak states. The most urgent problems facing these newly independent states following their independence were domestic ones. The time period covered is between 1991 and 1999, which in turn is divided into two sub-periods: 1991- 1995, the period of confusion and 1995 to 1999, the period of consolidation. This dissertation centers upon the explanation of two factors: the level of domestic strain of weak states and their relations to the external world.
    [Show full text]
  • Energy Act 2016
    Energy Act 2016 CHAPTER 20 Explanatory Notes have been produced to assist in the understanding of this Act and are available separately £14.25 Energy Act 2016 CHAPTER 20 CONTENTS PART 1 THE OGA The OGA and its core functions 1The OGA 2 Transfer of functions to the OGA 3 Transfer of property, rights and liabilities to the OGA 4 Transfer of staff to the OGA 5 Transfer schemes: supplementary 6Pensions 7 Contracting out of functions to the OGA Exercise of functions 8 Matters to which the OGA must have regard 9 Directions: national security and public interest 10 Directions: requirements to notify Secretary of State Information and samples 11 Power of Secretary of State to require information and samples Funding 12 Powers of the OGA to charge fees 13 Levy on licence holders 14 The licensing levy: regulations 15 Payments and financial assistance ii Energy Act 2016 (c. 20) Review 16 Review of OGA and guidance from Secretary of State PART 2 FURTHER FUNCTIONS OF THE OGA RELATING TO OFFSHORE PETROLEUM CHAPTER 1 INTRODUCTION 17 Overview of Part 2 18 Interpretation of Part 2 CHAPTER 2 DISPUTES 19 Qualifying disputes and relevant parties 20 Reference of disputes to the OGA 21 Action by the OGA on a dispute reference 22 Power of the OGA to consider disputes on its own initiative 23 Procedure for consideration of disputes 24 Power of the OGA to acquire information 25 Power of the OGA to require attendance at meetings 26 Appeals against decisions of the OGA: disputes CHAPTER 3 INFORMATION AND SAMPLES Interpretation 27 Petroleum-related information and samples Retention 28 Retention of information and samples 29 Retention: supplementary Information and samples plans 30 Information and samples plans: termination of rights under offshore licences 31 Preparation and agreement of information and samples plans 32 Changes to information and samples plans 33 Information and samples plans: supplementary Power to require information and samples 34 Power of the OGA to require information and samples Coordinators 35 Information and samples coordinators Energy Act 2016 (c.
    [Show full text]