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Hammerson, Marc; Richardson, Emma --- "Long-term gas sales agreements" [2019] ELECD 2119; in Saidov, Djakhongir (ed), "Research Handbook on International and Comparative Sale of Goods Law" (Edward Elgar Publishing, 2019) 278

Book Title: Research Handbook on International and Comparative Sale of Goods Law

Editor(s): Saidov, Djakhongir

Publisher: Edward Elgar Publishing

Section: Chapter 11

Section Title: Long-term gas sales agreements

Author(s): Hammerson, Marc; Richardson, Emma

Number of pages: 27

Abstract/Description:

This chapter focuses on the sale of natural gas and, in particular, the contractual terms and market conditions that typically prevail in long-term supply contracts. It examines various contractual terms and market conditions that typically prevail in long-term gas sales agreements and identifies a broad range of issues that need to be considered by commercial parties when entering into a contract to buy and sell natural gas. The chapter explores the phenomenon of standardisation of contracts in this sector and the provisions of some model form contracts used in this industry.