Gas and LNG Sales and Transportation Agreements, 6th Edition: A Comprehensive Guide
In the energy industry, gas and liquefied natural gas (LNG) sales and transportation agreements are essential legal documents for companies involved in the production, transportation, and distribution of these commodities. The 6th edition of Gas and LNG Sales and Transportation Agreements is a comprehensive guide that provides an in-depth analysis of these agreements, covering both legal and practical aspects.
Authored by David G. Cochrane and Isabel Aguilar, two experts in the field of energy law, this book is a valuable resource for lawyers, commercial managers, and other industry professionals who need to understand the intricacies of these complex agreements.
The book is divided into two parts. Part one provides a detailed overview of gas sales and transportation agreements, including the structure and content of typical agreements, pricing mechanisms, and dispute resolution procedures. It also covers the different types of gas transportation, such as pipeline transportation and LNG transportation, and the regulatory framework governing these activities.
Part two is dedicated to LNG sales and purchase agreements, focusing on the unique legal and commercial aspects of these agreements. The authors discuss the specifics of the LNG market, including the role of spot and long-term contracts, the impact of LNG supply and demand imbalances, and the increasing importance of destination flexibility clauses in LNG sale agreements.
This edition also includes new chapters on force majeure clauses, contract termination, and the impact of Covid-19 on the gas and LNG industry. The authors provide insights into the legal and commercial implications of these issues in the context of gas and LNG sales and transportation agreements.
One of the strengths of this book is its practical approach to the topic. The authors provide real-world examples and case studies to illustrate the concepts and principles discussed in each chapter. They also provide practical advice on negotiating and drafting gas and LNG sales and transportation agreements, highlighting the key issues that need to be addressed in these agreements.
In addition to its comprehensive coverage of the legal and commercial aspects of gas and LNG sales and transportation agreements, this book also provides insights into the strategic considerations that companies must take into account when negotiating these agreements. The authors discuss the importance of aligning commercial, legal, and regulatory strategies to ensure the success of gas and LNG projects.
Overall, Gas and LNG Sales and Transportation Agreements, 6th Edition, is an essential resource for anyone involved in the gas and LNG industry. Its comprehensive coverage of this topic, combined with its practical approach and real-world examples, makes it an invaluable tool for lawyers, commercial managers, and other industry professionals.