Gas and LNG Sales and Transportation Agreements

Principles and Practice
4. Auflage 2014
ISBN: 978-0-414-03419-8
Verlag: Sweet & Maxwell

Buch, Englisch

This work provides a detailed, hands-on guide to the drafting, negotiation and interpretation of natural gas and LNG trading, storage and transportation contracts. Based around a detailed dissection of gas and LNG agreements it highlights the legal and commercial issues involved at each stage and advises how they should be handled in practice.
- Offers clause-by-clause commentary on the typical provisions within gas and LNG, sales, storage and transportation agreements
- Pinpoints the key issues and suggests solutions to problems that can arise
- Discusses the nature of gas and LNG and the contracting process
- Explains in detail the common components of contracts, including quality and pressure, liabilities and limitations, force majeure and dispute resolution
- Provides discussion on the commercialisation of natural gas in light of concerns about climate change, cleaner energy sources and the security of energy supplies
- Examines competition law issues relevant to gas and LNG projects
- Includes expertly drafted precedent agreements, also on a CD-ROM for rapid drafting
- Contains a chapter on price reviews and reopeners
- Written from the perspective of English law but in the light of international experience and practice

Autoren/Hrsg.

Roberts, Peter

Fachgebiete

• Rechtswissenschaften Ausländisches Recht Common Law (UK, USA, Australien u.a.)
• Rechtswissenschaften Internationales Recht und Europarecht Internationales Recht Internationales Handels-, Wirtschafts- und Gesellschaftsrecht
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Handelsabkommen, Wirtschaftsorganisationen
• Wirtschaftswissenschaften Wirtschaftssektoren & Branchen Energie- & Versorgungswirtschaft Öl- und Gasindustrie

Inhaltsverzeichnis

SECTION
PART A: GENERAL PRINCIPLES
1. The nature of gas and LNG
2. Project structuring
3. The contracting process
4. Regulatory issues
5. Price
6. Price review
7. Collateral support
PART B: GAS AND LNG SALES
8. Contract forms
9. Parties
10. Term
11. Delivery point, delivery
12. Quantities, rates, reserves
13. Nominations, scheduling
14. Shortfall
15. Undertake, overtake
16. Take and pay, take or pay
17. Make up, carry forward
PART C: GAS TRANSPORTATION
18. Pipeline principles
19. Parties
20. Term
21. Input point, delivery point
22. Quantities, capacities
23. Transporter and shipper obligations
24. Transporter and shipper failure
25. Tariff, capacity payment, ship or pay
26. Commingling, allocation, attribution
PART D: LNG TRANSPORTATION
27. LNG shipping
28. Charterparty and SPA interfaces
PART E: COMMON COMPONENTS
29. Invoicing, payment
30. Quality specification
31. Off-specification gas and LNG
32. Measurement
33. Facilities
34. Maintenance
35. Force majeure
36. Liability, limitation
37. Transfers, third party performance, control
38. Termination
39. Dispute resolution
40. Other provisions
SECTION
Appendix A – Proforma Gas Sales Memorandum of Understanding
Appendix B – Proforma Gas Sales Agreement
Appendix C – Proforma Gas Transportation Memorandum of Understanding
Appendix D – Proforma Gas Transportation Agreement
Appendix E – Additional Drafting