Gas Purchase Agreement Template for Switzerland

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Key Requirements PROMPT example:

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."

Document background
A Gas Purchase Agreement is a crucial commercial contract used in the Swiss energy market to establish a legally binding framework for the sale and purchase of natural gas. This document is essential when parties need to establish long-term gas supply arrangements, typically involving significant volumes and complex delivery mechanisms. It incorporates specific Swiss legal requirements, including compliance with the Federal Pipeline Law and Energy Law, while also considering European gas market practices. The agreement is particularly important given Switzerland's position as a transit country for European gas flows and its reliance on international gas imports. It includes detailed provisions for quality specifications, measurement, pricing, and operational procedures, making it suitable for both domestic and cross-border transactions.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Energy

Utilities

Industrial Manufacturing

Power Generation

Chemical Industry

Oil & Gas

Infrastructure

Trading & Commodities

Transportation & Logistics

Relevant Teams

Legal

Commercial

Trading

Operations

Risk Management

Regulatory Affairs

Finance

Technical Operations

Business Development

Compliance

Supply Chain

Quality Control

Relevant Roles

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

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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