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Abu Dhabi Aminoil and Iricon Arabian Oil Company Aramco arbitration authorised the Secretary-General barrel revenue big four changing circumstances collective bargaining companies participate jointly company and Government company's conces concession agreements concessionaire companies control over supply decrease in posted economic favourable agreement favoured nation clause foreign capital Government and company Gulf important increase Indonesia international majors IPC Group Iran Iranian Consortium Iraq joint producing operations juridiction Kuwait Libya long duration marketing operations Member Countries Middle East Most-Favoured Nation Clause national courts negotiate Neutral Zone newer agreements NIOC offshore concession oil industry OPEC payment per barrel period Petroleum posted price reduction producing companies producing concession producing countries producing crude oil producing interests producing profits actually profits actually realised Qatar and Abu Regulation of Non-Fiscal royalty Saudi Arabia Shell sionaire companies so-called 50/50 agreements STANFORD tax collector tax rates Texaco throughout the world tion unit revenue Venezuela vertically integrated