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An introduction to take-or-pay clauses in energy contractsThis Practice Note introduces take-or-pay clauses in the energy sector and considers some of...
Power purchase agreements (PPAs)—key terms and issuesWhat is a power purchase agreement?A power purchase agreement (PPA) is a contract between an...
Key stakeholders in midstream & downstream activities of the Oil & Gas industryAlthough differences persist among regional markets, this...
The Offshore Transmission Owner (OFTO) regimeWhat are OFTOs?Offshore Transmission Owners (OFTOs) are the owners of offshore transmission assets which...
Gas sales agreement—key clausesTypes of gas sales agreements (GSAs)Contracts for the sale of gas may take several forms, including:•term agreements—which provide for the sale and purchase of gas for a defined period and are generally classified as either short-term (one to five years) or long-term
Knock-for-knock indemnities: risk allocation in offshore energy contractsWhat are knock-for-knock indemnities?A knock-for-knock clause is a reciprocal agreement to apportion liability for certain losses (usually, death or injury to personnel and damage to property) between contracting parties,
An introduction to tolling agreements in the LNG sectorIntroductionThe business model underpinning a liquefied natural gas (LNG) project is of fundamental importance since this will determine the risk profile of the project as a whole and consequently, the type of financing that will be required.
LNG Chartering—an introductionIntroductionPractice Note: LNG—an introduction provides a general overview of the production and use of liquefied natural gas (LNG). This note concerns, specifically, the transport of LNG by sea.The predominant purpose of liquefying natural gas is to transport it by
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