Article from: OGEL 1 (2009), in Middle East, Buy Back Contracts
Taking it for granted that the production sharing option was not on the table in earlier Iraqi
oil negotiations and that the term of the technical support agreements was limited to 18 months,
three alternative options appeared to be available. They are risk service contracts, no-risk
contracts, and pursuing the oil field development through the Iraq National Oil Company.
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H.A. Merklein; "Iraq Contract Options"
OGEL 1 (2009), www.ogel.org