Gas Sales and Gas Transportation Agreements: Principles and Practice
Author Peter Roberts
Publisher Sweet & Maxwell
Product Gas Sales and Gas Transportation Agreements: Principles and Practice Book+CD £286+VAT


September 2008

Features
This work provides detailed, hands-on guidance for all those involved in the drafting, negotiating or interpretation of natural gas trading and transportation contracts. Based on a clause-by-clause review of the typical provisions of these agreements, it identifies the legal and commercial issues involved at each stage and advises on how they should be handled in the contract.

Highly practical text focused specifically on the creation of better contracts
Includes a comprehensive suite of precedents, enhancing the practicality of the work
All precedents also included on a free CD-ROM - enabling rapid on-screen drafting
An international title - written from the perspective of English law but incorporating best practice from the global gas market
Contents
General Principles of Gas Sales and Gas Transportation Projects
The Nature of Gas
Gas Sales, Gas Transportation and Gas Project Structuring
The Contracting Process
Gas Sales Agreements
Principles of Gas Sales
Parties to the GSA and Collateral Support
The Delivery Point and Delivery
Term and Effectiveness
Gas Quantities, Rates and Reserves
Nominations
Shortfall Gas
Undertake Gas and Overtake Gas
Gas Pricing
Take or Pay
Make up Gas and Carry Forward Gas
Gas Transportation Agreements
Principles of Gas Transportation
Parties to the GTA and Collateral Support
Term and Duration
The Input Point, The Delivery Point and Delivery
The Transporter's and the Shipper's Obligations
Quantities and Capacities
Tariff and Capacity Payments
Ship or Pay
Transporter and Shipper Failure
Commingling, Allocation and Attribution
Common Components of Gas Sales and Gas Transportation Agreements
Invoicing and Payment
Gas Quality and Pressure
Off-Specification Gas
Measurement
Facilities
Maintenance
Force Majeure
Liabilities and Limitations
Transfers, Third Party Performance and Control
Termination
Dispute Resolution
Other Provisions
Appendices
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

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