I. INTRODUCTION 
 II. THE JOINT VENTURE LAW 
III. THE LAW ON OIL AND GAS 
 IV. THE LAW ON PRODUCTION SHARING AGREEMENTS 
  V. THE SUBSOIL LAW 
 VI. CONCLUSION 

I. INTRODUCTION

The Author's first exposure to the laws of the Soviet Union and Russia took the form of an international contract conference presentation in Moscow in October 1989. (1) The Ministry of Geology, the main point of contact in the Soviet Union for foreign investors, had invited the Author's employer to make a presentation about the three main types of international petroleum contracts (tax ...

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