TY - JOUR ID - 66167 TI - Economic Evaluation of Fiscal Regime of Buy-Back Contracts in Comparison with Production Sharing Contracts (Case Study: Azadegan Oil Field) JO - Iranian Economic Review JA - IER LA - en SN - 1026-6542 AU - Kohan Hoosh Nejad, Roohollah AU - Manzoor, Davood AU - Amani, Masoud AD - Faculty of Economics, University of Imam Sadiq (PBUH), Tehran, Iran AD - Faculty of Law, University of Imam Sadiq (PBUH), Tehran, Iran Y1 - 2018 PY - 2018 VL - 22 IS - 2 SP - 579 EP - 598 KW - Keywords: Fiscal Regime KW - Buy-back KW - Production Sharing KW - Take KW - Iran. JEL Classification: D86 DO - 10.22059/ier.2018.66167 N2 - F iscal regime is one of the main differences between petroleum contracts. Fiscal regimes in oil contracts are divided to two main categories namely Concessionary and Contractual Systems. In contractual systems, the main difference between service and production sharing contracts is the way of compensation of contractor services which could be in cash or in kind. In production sharing contracts the contractor receives a portion of produced oil. One of the main criteria to compare fiscal regimes is government and contractor takes in real values. Comparing the net present value of contractor take shows that it could have been more desirable and cost effective to use production sharing contract in Iranian Azadegan oil field instead of Buy-Back.   UR - https://ier.ut.ac.ir/article_66167.html L1 - https://ier.ut.ac.ir/article_66167_e357839471aa1f1418ff7692c344b1ff.pdf ER -