Book: Settlement of Natural Resources Contract Disputes (Petroleum as a Model) Author: Abdullah Al-Barwari Year of Publication: 2015 Specialization: Petroleum and Energy Publishing House: University Thought About the book: Based on the fact that the concept of exploiting natural resources goes beyond its basic economic purpose, to be an expression of The extent of the independence of the sovereignty of a state as a fundamental pillar of its existence in the modern concept through its sovereignty over its natural resources, especially the petroleum ones, or in other words, it is not possible to imagine a sovereign state (legally and realistically) unless it exercises its absolute sovereignty over its natural resources. It has the right to exploit its natural resources. The second fact is that the owner of these wealth often lacks the appropriate means to exploit it. Thus, in this hypothesis, we are faced with an international relationship for the exploitation of these wealth between the developing countries that own them and a foreign party that owns the means to exploit them.
