Analyzing the Nature of Buy Back Contracts for Upstream Oil & Gas Industry Based on Imami Jurisprudence

One of the most important criteria that decision-makers of upstream oil and gas field after Islamic Revolution always choose selected contract based on it be lack of conflict of the contract with Jurisprudential and Islamic Foundations. Accordingly, this paper with the aim of explanation of jurisprudential status of Buy Back contract for upstream oil & gas field study Legal nature and financial structure of the contract and then introduce some previous attitudes about jurisprudential status of upstream oil and gas contracts. Finally, with regard service nature of Buy Back contract and by using comparative study method is analyzed natural and structural aspects of Buy Back contract based on nature and pillars of Personals Lease contract and is concluded that nature and principles of Buy Back contract for upstream oil & gas field be conformed with nature and principles Islamic Personals Lease contract.