Middle East Oil: A Redistribution of Values Arising from the Oil Industry

Middle East Oil: A Redistribution of Values Arising from the Oil Industry

by Mohamed bin Abdul Latif bin Mohamed Almulhim, Latif/Almulhim

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Overview

Middle East Oil: A Redistribution of Values Arising from the Oil Industry by Mohamed bin Abdul Latif bin Mohamed Almulhim, Latif/Almulhim

In this book, Dr. Almulhim addresses the legal and political aspects of natural resources exploitation under the system of concessions. His aim is to analyze the effectiveness of this system in developing the Middle Eastern oil industry, and determine to what extent the system has affected values distribution among the grantors and concessionaires. He believes that the great human values derived from the exploitation of oil—such as wealth, power, well-being, skill, enlightenment, respect, affection, and rectitude—should be redistributed among all the participants in the oil business. The author has managed to draw together the diverse threads of Middle Eastern mining law as they have emerged this century, comparing these to the traditional tenets of Islamic law. The author provides a final appraisal of the effectiveness of system of concessions in the early development of the Middle East petroleum industry and examines the consequences for the distribution of the technical skills, the wealth, and the power arising from the extraction and sale of oil.

Product Details

ISBN-13: 9780761845508
Publisher: UPA
Publication date: 05/16/2009
Edition description: 2nd Edition
Pages: 352
Product dimensions: 6.00(w) x 8.90(h) x 1.20(d)

About the Author

Dr. Almulhim holds an LLB. from Cairo University, Egypt, and LL.M. and J.D. degrees from Yale University Law School, United States of America. He is the former Minister of State and Member of the Ministers' Council, and presently has a law firm in Riyadh, Saudi Arabia.

Table of Contents

Part 1 Foreword; Preface; Acknowlegments; Table of Contents; Introduction Part 2 Part I: The Problems in Context Part 3 Chapter I: Process of Control Part 4 Chapter II: Process of Claims Part 5 Chapter III: Process of Decision Part 6 Part II: Clarification of World Community Policies Part 7 Chapter I: Introductory Perspective Part 8 Chapter II: Inclusive Interests Part 9 Chapter III: Exclusive Interests Part 10 Chapter IV: Concluding Remarks Part 11 Part III: Trends in Decision—Claim for Redistribution of Values Arising From the Oil Industry in the Middle East "Quest for Decision" Part 12 Chapter I: The System of Concessions and the Maintenance of the Status Quo Part 13 Chapter II: The System of Concessions and the Principle of State Participation in Oil Exploration Processes Part 14 Chapter III: The System of Concessions and the Doctrine of Rebus Sic Stantibus Part 15 Chapter IV: The System of Concessions and the Principle of State Ownership of Oil Resources Part 16 Part IV: General Appraisal and Recommendations Part 17 Chapter I: General Appraisal Part 18 Chapter II: Recommendations Part 19 Table of Cases 20 Table of References

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