As a legal institution, the so called "buy back contract" play a significant role in the field of gas and oil transactions of our country for more than 15 years. Since its practical introduction, there has been a kind of ambiguity and secrecy with this new legal institution. Such an ambiguity and the secrecy seems to be the main obstacle for an appropriate and objective critical analysis of these contracts by academician, as well as other experts. The main task of this article is to offer certain suggestions and solutions to improve of buy back contract in Iran by shedding some lights on their shortcomings.
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