Comparative Analysis of Gas Purchase Contracts

Authors

  • Gary A. Holland

DOI:

https://doi.org/10.29173/alr534

Keywords:

Energy Law, Petroleum Law

Abstract

Gas Purchase Contracts, like all other contracts in the oil and gas industry, are constantly in the process of evolution and there are many existing forms of Gas Purchase Contracts. This article consists of comparative analysis of the provisions of four Gas Purchase Contracts in use in the natural gas indus try. The article commences with discussion of clause that has only recent ly been included in Gas Purchase Contracts in Western Canada, the prepay ment clause, indicates possible income tax problems arising out of the clause and considers provisions with respect to repayment of the prepayment. The article then discusses the most favoured nations clause and points out that it is important to determine the extent of the applicability of the clause to the provisions of subsequent contract. The article concludes with an analy sis of the remaining clauses in typical Gas Purchase Contract.

Downloads

Issue

Vol 9, No 3: Petroleum Law Supplement: Selected Matters of Current Interest to the Oil and Gas Industry

Section

Articles

License

For Editions following and including Volume 61 No. 1, the following applies.

This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License

For Editions prior to Volume 61 No. 1, the following applies.

Author(s) retain original copyright in the substantive content of the titled work, subject to the following rights that are granted indefinitely:

  1. Author(s) grant the Alberta Law Review permission to produce, publish, disseminate, and distribute the titled work in electronic format to online database services, including, but not limited to: LexisNexis, QuickLaw, HeinOnline, and EBSCO;
  2. Author(s) grant the Alberta Law Review permission to post the titled work on the Alberta Law Review website and/or related websites.
  3. Author(s) agree that the titled work may be used for educational or instructional purposes and/or in educational or instructional materials. The author(s) acknowledge that the titled work is subject to other such "fair dealing" provisions and applicable legislation.
  4. Author(s) grant a limited license to those accessing the titled work from an electronic database or an Alberta Law Review website to download the titled work onto their computer and to print a copy for their own personal, non-commercial use, subject to proper attribution.

To use the journal's content elsewhere, permission must be obtained from the author(s) and the Alberta Law Review.