Negotiating Successful Gas & LNG Contracts

While many gas and LNG contracts will have similar elements and clauses, no two gas or LNG contracts are the same, as each agreement will be affected by the commercial position of the each of the buyer and seller as well as by the particular circumstances of any transporters and other stakeholders.

Each gas project and each gas industry participant will be subject to their own unique physical, technical, commercial and legal constraints which will affect their negotiating position and the contracts that they can enter into. Understanding the fundamental elements of gas and LNG contracts, both sales and transportation agreements, and the constraints which may affect such arrangements is essential to being able to negotiate successful gas and LNG contracts.

Similarly, understanding the implications of breaches of contracts will inform the parties of type and nature of clauses that need to be included in gas and LNG contracts. This masterclass will introduce attendees to some of the key elements of, and key legal issues relating to, gas and LNG contracts including the legal levers available to manage the constraints and risks that can arise in these contracts.