A Proposed Model Production Sharing Contract for the Kurdistan Region in Iraq
Article from: OGEL 4 (2006), in Production Sharing Contracts
The Draft PSC
The draft PSC is a standard petroleum production sharing contract which is consistent with international standards. It is has been prepared with reference to other production sharing contracts from countries around the world which are in circumstances similar to those of Kurdistan. This draft incorporates the comments of international petroleum policy experts and the comments of potential investors in Kurdistan petroleum resources.