05-13-2013, 02:48 AM
The JVOA does not normally (actually I have never seen it) address contract issues between the partnership and the host government. The JVOA governs how partners (the "joint venture") manage decisions and associated budgets in regards to development of fields..which of course does include the state oil/gas company as a "partner". I would say this has nothing to do with the PA and is not a "gas agreement". Of course a JVOA is useless if PA expires.

