A. DEFINITION AND NATURE OF OIL CONCESSIONS
Ain oil concession is defined as a privilege granted by a government to an individual…
However, because of the granting nation’s public interest in an oil concession, the…
But, although it could be seen as an administrative contract subject to public law…
Concessions as contracts between states and private foreign parties are generally…
Since then, international conventions and treaties on the protection of foreign investments,…
The desire to ensure against the adverse consequences of repeated oil crises will…
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