Exploration of Common Oil and Gas Fields & Marine Delimitation

The passing of oil and gas natural resources from marine delimitation lines and subscription of these resources among two or many countries and/or their establishments in zones without marine delimitation may cause to emerge the international disputes and peace and stability threat. Convention Law of the sea, 1982, asks the governments to temporarily apply the practical measures, if delimitation is not agreed with. Further, according to the principle of necessity of peaceful international disputes settlement, the governments should settle the aforesaid disputes, on the basis of the political or legal rituals. Though, the judicial precedent of the international court of justice and international arbitrations shall deal with the settlements of such disputes as to the delimitation, regarding the international judicial precedent, we conclude that the appropriate principle in operation of these resources is to cooperate among governments & avoidance of the unilateral actions.