Gas Sales and Gas Transportation Agreements: Principles and Practice, 3rd Edition
Title
RM1,800.00
Gas Sales and Gas Transportation Agreements: Principles and Practice, 3rd Edition
Author
Peter Roberts
Publication Date
2011
ISBN
9780414046573
Format
Hardcover
Publisher
Sweet & Maxwell
Gas Sales and Gas Transportation Agreements is a comprehensive handbook for designing, negotiating, and interpreting natural gas and LNG trading, storage, and transportation contracts.
It contains carefully crafted precedent agreements that explain the real mechanics of putting a deal together, as well as an in-depth treatment of the law and practise of structuring projects for the sale, storage, and transportation of gas or LNG.
Your complete guide
Explains the key elements of the contracts that define the conditions of sale, storage, and transportation of gas and LNG between customers, sellers, transporters, and shippers.
The nature of gas and LNG, as well as the contractual procedure, are discussed.
Provides clause-by-clause analysis of common terms in gas and LNG sales, storage, and transportation contracts.
Identifies the most important concerns and proposes solutions to potential difficulties.
Identifies and advises on the legal and commercial concerns that arise at each step of the contract, from quality specifications and force majeure through liabilities, restrictions, and dispute resolution, and how they should be addressed in the contract.
New to this edition of Gas Sales and Gas Transportation Agreements
A new chapter on the structure and regulation of gas storage projects is included.
New information on competition law and regulatory concepts that apply to gas and LNG projects is included.
In a separate chapter, price reviews and reopeners are discussed, including price reviews, hardship, and common principles.
Drafting of additional precedents for gas and LNG project contracts
TABLE OF CONTENTS
SECTION I
Part A - General Principles of Gas and LNG Sales and Transportation Projects
1. The Nature of Gas 2. Project Structuring 3. The Contracting Process 4. Gas Storage 5. Regulatory Issues
Part B – Gas and LNG Sales Arrangements
6. Gas and LNG Sales Contracts 7. Parties and Collateral Support 8. The Delivery Point and Delivery 9. Term and Effectiveness 10. Quantities, Rates and Reserves 11. Nominations and Scheduling 12. Shortfall 13. Undertake Gas and Overtake Gas 14. Gas and LNG Pricing 15. Price Review Provisions 16. Take and Pay, Take or Pay 17. Make Up and Carry Forward
Part C – Gas and LNG Transportation Arrangements
18. Principles of Pipeline Gas Transportation 19. Parties to the GTA and Collateral Support 20. Term and Duration 21. The Input Point, the Delivery Point and Delivery 22. The Transporter's and the Shipper's Obligations 23. Quantities and Capacities 24. Tariff and Capacity Payments 25. Ship or Pay 26. Transporter and Shipper Failure 27. Commingling, Allocation and Attribution 28. LNG Shipping
Part D – Common Components of Gas and LNG Sales and Transportation Arrangements
29. Invoicing and Payment 30. Quality Specification 31. Off-Specification Gas and LNG 32. Measurement 33. Facilities 34. Maintenance 35. Force Majeure 36. Liabilities and Limitations 37. Transfers, Third Party Performance and Control 38. Termination 39. Dispute Resolution 40. Other Provisions
SECTION II 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
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