GAS SALES AND GAS TRANSPORTATION AGREEMENTS PRINCIPLES AND PRACTICE 3rd EDITION

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This is the third edition of this book. Apart from a general overhaul and update, in comparison with the second edition (2008) this edition includes specific consideration of the mechanics of gas storage and gives more attention to issues such as the rights of third party access to infrastructure and applicable competition law principles. The precedent agreements in Section II have not been radically changed (my experience of seeing them used in practice tells me that they work well enough as is) but some additional drafting has been suggested. A glossary of the various technical and operational terms used in this book has also been included.
Natural gas is increasingly viewed as the solution to the demand for a secure, reliable, long-term supply of clean energy and this is as much the case for emerging economies as it is for historical gas-producing economies whose domestic reserves bases are in decline. Concerns about climate change and energy security of supply have given renewed impetus to the development of gas (or LNG) production and consumption projects, and have propelled natural gas to the forefront of the energy agenda. Significant undeveloped reserves of unconventional and conventional gas mean that there is a plentiful supply of energy for future generations to rely on.

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