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Gas Purchase Agreement
"I need a Gas Purchase Agreement under Swiss law for a 5-year supply arrangement starting January 2025, with take-or-pay provisions and delivery to multiple points in Switzerland."
1. Parties: Identification of the seller and buyer with full legal entity details
2. Background: Context of the agreement, including any relevant facility details and purpose of the arrangement
3. Definitions: Comprehensive definitions of technical and commercial terms used throughout the agreement
4. Sale and Purchase Obligation: Core obligations of parties regarding gas sale and purchase, including take-or-pay provisions
5. Quantity: Specified quantities including ACQ (Annual Contract Quantity), DCQ (Daily Contract Quantity) and flexibility provisions
6. Quality: Gas quality specifications and measurement standards
7. Delivery Point: Specification of delivery point and transfer of title and risk
8. Transportation and Nominations: Gas transportation arrangements and nomination procedures
9. Price and Payment: Price calculation methodology, invoicing, and payment terms
10. Term and Termination: Duration of agreement and termination rights
11. Measurement: Measurement procedures, standards, and dispute resolution
12. Force Majeure: Force majeure events and consequential procedures
13. Liability and Indemnity: Limitation of liability and indemnification provisions
14. Governing Law and Dispute Resolution: Choice of Swiss law and dispute resolution mechanisms
1. Capacity Reservation: Required when specific pipeline or storage capacity needs to be reserved
2. Make-up Gas: Include when take-or-pay provisions allow for make-up rights
3. Carbon Emissions: Required when parties need to address carbon trading or emissions requirements
4. Security: Include when credit support or performance security is required
5. Gas Trading Rights: Required when addressing rights to trade or resell gas
6. Maintenance: Include when maintenance of delivery facilities needs to be addressed
7. Change in Law: Required when specific provisions for regulatory changes are needed
1. Schedule 1 - Quality Specifications: Detailed technical specifications for gas quality
2. Schedule 2 - Measurement Procedures: Detailed procedures for gas measurement and testing
3. Schedule 3 - Price Calculation: Detailed formula and examples of price calculations
4. Schedule 4 - Nomination Procedures: Detailed procedures for gas nomination and scheduling
5. Schedule 5 - Contact Details: Contact information for operational and commercial matters
6. Schedule 6 - Form of Bank Guarantee: Standard form for any required bank guarantee
7. Schedule 7 - Delivery Point Specifications: Technical details of the delivery point facilities
8. Appendix A - Technical Standards: Applicable Swiss and international technical standards
9. Appendix B - Operating Guidelines: Day-to-day operational procedures and requirements
Authors
Annual Contract Quantity (ACQ)
Banking Day
Base Price
Boil-Off Gas
British Thermal Unit (BTU)
Buyer's Facilities
Capacity Charge
Commercial Operations Date
Contract Price
Contract Year
Daily Contract Quantity (DCQ)
Daily Nomination
Day
Debt Service Charges
Delivery Point
Delivery Pressure
Downstream Pipeline
Emergency
End User
Euro (EUR)
Expert
Firm Delivery
Force Majeure Event
Gas
Gas Day
Gas Month
Gas Specification
Gas Transportation Agreement
Gas Year
Gross Calorific Value
Hour
Interconnection Point
Interest Rate
Interruptible Delivery
Joule
Laboratory
Line Pack
LNG
Make-up Gas
Maximum Daily Quantity
Measurement Equipment
Megajoule (MJ)
Minimum Daily Quantity
Month
Monthly Invoice
Natural Gas
Nomination
Off-Spec Gas
Operating Guidelines
Operating Procedures
Party/Parties
Pipeline
Pipeline Operator
Price Adjustment
Quality Specifications
Quarter
Reasonable and Prudent Operator
Related Entity
Seller's Facilities
Settlement Period
Swiss Francs (CHF)
Take-or-Pay Quantity
Technical Standards
Term
Termination Event
Testing Laboratory
Transportation System
Upstream Pipeline
Week
Wilful Misconduct
Year
Sale and Purchase
Duration
Quantity
Nominations
Quality
Delivery
Title and Risk
Transportation
Measurement
Price
Invoicing
Payment
Credit Support
Take or Pay
Make-up Gas
Force Majeure
Planned Maintenance
Taxes
Representations and Warranties
Liabilities and Indemnities
Insurance
Assignment
Change in Law
Confidentiality
Trade Controls
Anti-Corruption
Termination
Disputes
Governing Law
Notices
Health and Safety
Environmental Compliance
Emergency Procedures
Records and Audit
Boilerplate
Third Party Rights
Energy
Utilities
Industrial Manufacturing
Power Generation
Chemical Industry
Oil & Gas
Infrastructure
Trading & Commodities
Transportation & Logistics
Legal
Commercial
Trading
Operations
Risk Management
Regulatory Affairs
Finance
Technical Operations
Business Development
Compliance
Supply Chain
Quality Control
Energy Trading Manager
Gas Operations Director
Commercial Manager
Legal Counsel
Risk Manager
Supply Chain Manager
Regulatory Compliance Officer
Business Development Manager
Contract Administrator
Operations Manager
Chief Commercial Officer
Energy Procurement Specialist
Trading Floor Manager
Technical Operations Supervisor
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