Examining a Special Methodology for Resolving Contractual Disputes Arising from Application of Article 12 of the Law on Elimination of Barriers to Production and their Effect on Attracting Investment

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Nouredideh Mohammad Reza; TAJARLOU REZA

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Journal Paper

Paper Information

Journal: ENERGY ECONOMICS REVIEW Year:2021 | Volume:17 | Issue:69 Page(s): 223-250

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Information Journal Paper

Title

Examining a Special Methodology for Resolving Contractual Disputes Arising from Application of Article 12 of the Law on Elimination of Barriers to Production and their Effect on Attracting Investment

Author(s)

Nouredideh Mohammad Reza | TAJARLOU REZA | Issue Writer Certificate

Keywords

article 12 of the law on elimination of barriersQ1

contract article 12 of the law on elimination of barriers-ways for dispute settlementQ1

energy service companyQ1

referring disputes to a supervisorQ1

Abstract

One of the main issues in Iran is energy efficiency. After announcement of Article 12 of the Law on Elimination of barriers to production, some public companies, such as IFCO, partner with the private sector in entities such as the Energy Services Company to implement Article 12 of the Law on Elimination of barriers to production. Special legal provisions should be foreseen for dealing with contractual issues that can arise in contracts related to Article 12. This is necessary as usual dispute resolution mechanisms such as arbitration or litigation are costly and time consuming. We suggest that disputes be resolved through intervention of a technical supervisor. This method reduces the cost and time of decision making and increases investor's willingness to invest.

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APA: Copy

Nouredideh, Mohammad Reza, & TAJARLOU, REZA. (2021). Examining a Special Methodology for Resolving Contractual Disputes Arising from Application of Article 12 of the Law on Elimination of Barriers to Production and their Effect on Attracting Investment. ENERGY ECONOMICS REVIEW, 17(69 ), 223-250. SID. https://sid.ir/paper/410765/en

Vancouver: Copy

Nouredideh Mohammad Reza, TAJARLOU REZA. Examining a Special Methodology for Resolving Contractual Disputes Arising from Application of Article 12 of the Law on Elimination of Barriers to Production and their Effect on Attracting Investment. ENERGY ECONOMICS REVIEW[Internet]. 2021;17(69 ):223-250. Available from: https://sid.ir/paper/410765/en

IEEE: Copy

Mohammad Reza Nouredideh, and REZA TAJARLOU, “Examining a Special Methodology for Resolving Contractual Disputes Arising from Application of Article 12 of the Law on Elimination of Barriers to Production and their Effect on Attracting Investment,” ENERGY ECONOMICS REVIEW, vol. 17, no. 69 , pp. 223–250, 2021, [Online]. Available: https://sid.ir/paper/410765/en

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