Anti-Competitive Conducts of Foreign Oil Companies at the IPC Tender Stage and Competition Law Sanctions in this Regard

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Hendi Seyyed Asghar; DARVISH ZAHRA

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Journal: Energy Law Studies Year:2019 | Volume:4 | Issue:2 Page(s): 571-604

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Information Journal Paper

Title

Anti-Competitive Conducts of Foreign Oil Companies at the IPC Tender Stage and Competition Law Sanctions in this Regard

Author(s)

Hendi Seyyed Asghar | DARVISH ZAHRA | Issue Writer Certificate

Keywords

Anti-competitive Conducts of Foreign Oil CompaniesQ1

Tender StageQ1

Act on Implementation of the General Policies Pertaining to Principle 44 of the ConstitutionQ1

IPC contractsQ1

Cabinet’s Directive on the General TermsQ1

Structure and Model of Upstream Oil and Gas ContractsQ1

Competition Law Sanctions Applicable to Foreign Companies.Q1

Abstract

Foreign oil companies' entry into IPC tenders has been made subject to conclusion of JVs with qualified Iranian E&P companies. However, the law does not require FOCs to select their IEPC by means of competitive methods. Moreover, as IEPCs do not possess the required abilities to independently enter major petroleum projects, it is inevitable for them to engage in JVs with FOCs. Meanwhile, due to sanctions imposed on Iran, the number of FOCs willing to enter the IPC tenders has decreased, and so there is a higher chance of abuse of dominance or collusion practiced by these FOCs during the course of IPC tenders. This essay serves as an endeavor to demonstrate the anti-competitive conducts likely to be pursued by FOCs against IEPCs (in the course of entering the JV) and against NIOC (in the tender process), and to clarify the competition law sanctions applicable to FOCs in this regard.

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APA: Copy

Hendi, Seyyed Asghar, & DARVISH, ZAHRA. (2019). Anti-Competitive Conducts of Foreign Oil Companies at the IPC Tender Stage and Competition Law Sanctions in this Regard. JOURNAL OF RESEARCHES ENERGY LAW STUDIES, 4(2 ), 571-604. SID. https://sid.ir/paper/264312/en

Vancouver: Copy

Hendi Seyyed Asghar, DARVISH ZAHRA. Anti-Competitive Conducts of Foreign Oil Companies at the IPC Tender Stage and Competition Law Sanctions in this Regard. JOURNAL OF RESEARCHES ENERGY LAW STUDIES[Internet]. 2019;4(2 ):571-604. Available from: https://sid.ir/paper/264312/en

IEEE: Copy

Seyyed Asghar Hendi, and ZAHRA DARVISH, “Anti-Competitive Conducts of Foreign Oil Companies at the IPC Tender Stage and Competition Law Sanctions in this Regard,” JOURNAL OF RESEARCHES ENERGY LAW STUDIES, vol. 4, no. 2 , pp. 571–604, 2019, [Online]. Available: https://sid.ir/paper/264312/en

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