Study of Arbitrability in the Generations of Oil Agreements

Abstract

Petroleum and its related issues have always been important matters worldwide and of course in oil states including Iran which has tied up closely to this important good. Oil agreements, which are regarded as a chain that connects both parties in this industry, have evolved greatly requiring deep research in its different sectors for better understanding of these agreements. Besides, this extensive changes and contractual disputes should be considered in these agreements. This study considered arbitrability in the generations of oil agreements considering both subjective and objective criteria and Iran’s law. The results showed that there is no road block in settling down oil disputes according to Iran’s law and article 139 of constitution, which is mostly viewed as the main road block for arbitration is not regarded as a road block for arbitration. Therefore, excluding this industry from referral of arbitration is clearly against its benefits.