Commercial and Legal Strategies for Negotiating Long Term Gas Contracts

April 9, 2011 - PRLog -- As European utilities are forced to sell large amounts of high-priced gas under take or pay clauses into low priced traded markets, losses on contracts can run into hundreds of millions of Euros.  Large industrial purchasers are also missing out on obtaining cheaper supplies of gas as utilities try and pass on the high costs through their own oil-indexed contracts.

These developments are leading to intense pressure to review the terms of long-term oil-indexed take or pay contracts.  With some purchasers achieving success in renegotiating terms with suppliers in recent months, the pressure to switch away from long-term oil-indexed gas contracts is only set to increase in the near future.

C5’s ground breaking forum will bring together leading industry figures involved in the negotiation of long term gas supply contracts from across Europe to discuss the critical issues facing gas suppliers and purchasers in Europe today including:

   * Assessing the Future of Long Term Gas Supply Contracts – Are the Pricing Mechanisms in these Contracts Still Appropriate?
   * Structuring, Negotiating and Drafting Price Revision and Price Re-Opener Clauses
   * What Gas Disputes Are Arising From Long Term Contracts - What is the Outlook across Europe?
   * What Can Be Done at a Commercial Level to Resolve Contractual Disputes?
   * Improving Efficiency and Achieving Success at Arbitration
   * Global Gas Supply Including new Projects– How will this Affect Pricing and Contract Negotiations?
   * How are New Suppliers Accessing the Market Given the Long Term Contract Situation?
   * Effective Contract Drafting to Minimize Risk
   * How to Value Oil Indexed Contracts in Order to Assess Risk
   * The Importance of Governing Law and Jurisdiction Clauses in Gas Contracts

There is no other conference focusing on the fundamental issues which are affecting gas suppliers and purchasers across Europe, this is a must attend event for anyone involved in the renegotiation of long term gas supply contracts.  

Read more about this at: http://c5-online.com/2011/619/commercial-and-legal-strate...

# # #

A unique organization, C5 is devoted to providing the business intelligence that senior decision-makers need to respond to challenges both here in the US, and around the world.