Gas Transportation and Sales Agreements

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Contact

Xiaoyi (Shawn) Mu, Ph.D.
Professor of Energy Economics

Director, Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP)

School of Humanities, Social Sciences and Law, University of Dundee
X.Mu@dundee.ac.uk

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Description

• Revisits essential understanding of energy density, volumes and units in transportation & sales agreements.  Processing requirements and services provided in managing liquid and gases deliveries and management of gas load factor.
• Establishes a commercial framework to explore in detail the linkage provisions throughout transportation agreements in managing delivery and redelivery points, volume, quality, credit, contract and regulatory risks in providing and using a third-party service.
• Case Study Stage (i) economic screening of oil & gas transportation alternatives & negotiation of the key commercial terms.
• Explores the role of gas storage in capital optimisation and its evolution to provide market services in the gas value chain.
• Explores in detail the linkage and flow of provisions throughout sales agreements in managing oil and long-term gas sales in terms of delivery point, volume, quality, credit, contract and regulatory risks in passing title in third parties’ sales.
• Case Study Stage (ii) evaluation of alternative gas sales options and negotiation of gas sales key commercial terms.
• The evolution of world gas markets is reviewed with the increasing mix of traded market and long terms gas sales including the impact of growing LNG arbitrage.
• Concluding topical discussion of producer & buyer concerns in the balancing of traded markets and long terms contracts for supply.