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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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Secondhand & Out of Print

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This book is now Out of Print.
A new edition has been published, the details can be seen here:
Gas and LNG Sales and Transportation Agreements: Principles and Practice 4th ed isbn 9780414034198

Gas Sales and Gas Transportation Agreements 3rd ed

ISBN13: 9780414046573
New Edition ISBN: 9780414034198
Previous Edition ISBN: 9781847037244
Published: August 2011
Publisher: Sweet & Maxwell Ltd
Country of Publication: UK
Format: Hardback & CD-ROM
Price: Out of print

Gas Sales and Gas Transportation Agreements provides a detailed, hands-on guide to the drafting, negotiating and interpretation of natural gas and LNG trading 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 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 recent concerns about climate change, cleaner energy sources and the security of energy supplies
  • Includes expertly drafted precedents, also on a CD-ROM for rapid drafting
  • Contains a new chapter on price reviews and reopeners
  • Written from the perspective of English law but in the light of international experience and practice

Environmental Law, Energy and Natural Resources Law
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 Suppor;t
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
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.