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1. Parties: Identification of the seller and buyer, including their legal status and registered addresses
2. Background: Context of the agreement, including seller's right to sell gas and buyer's intended use
3. Definitions and Interpretation: Detailed definitions of technical and commercial terms used throughout the agreement
4. Sale and Purchase Obligation: Core obligations including Daily Contract Quantity (DCQ) and Take-or-Pay provisions
5. Term and Termination: Duration of agreement, conditions for renewal, and termination rights
6. Gas Specification: Detailed quality specifications for the gas to be delivered
7. Delivery Point and Title: Specification of delivery point and transfer of title and risk
8. Transportation and Nominations: Procedures for gas transportation and nomination processes
9. Measurement and Testing: Methods and procedures for measuring gas quantity and quality
10. Price and Payment: Gas price calculation, payment terms, invoicing, and payment security
11. Force Majeure: Definition of force majeure events and consequences
12. Liability and Indemnity: Allocation of risks and liability between parties
13. Governing Law and Dispute Resolution: Choice of Nigerian law and dispute resolution mechanisms
1. Local Content Requirements: Section specifically addressing Nigerian local content requirements, needed if local content commitments are significant
2. Carbon Credits: Provisions dealing with carbon credits or emissions trading, if relevant to the project
3. Gas Flaring Compliance: Specific provisions relating to gas flaring regulations, if the gas source involves associated gas
4. Currency Conversion: Detailed provisions for currency conversion if payments involve multiple currencies
5. Infrastructure Development: Provisions relating to development of delivery infrastructure, if new infrastructure is required
6. Government Guarantees: Provisions relating to government guarantees or support, if applicable
7. Change in Law: Detailed provisions for handling changes in law, particularly relevant in evolving regulatory environments
1. Technical Specification: Detailed technical specifications for the gas
2. Measurement Procedures: Detailed procedures for gas measurement and testing
3. Price Calculation: Detailed formula and methodology for price calculation
4. Delivery Point Specifications: Technical details and drawings of delivery point
5. Form of Payment Security: Template for bank guarantees or other payment security
6. Nomination Procedures: Detailed procedures for gas nomination
7. Contact Details: List of key contacts and authorized representatives
8. Local Content Commitments: Detailed local content commitments and compliance plan
9. Transportation Agreement: Form of gas transportation agreement if separate from main agreement
Annual Contract Quantity
Applicable Law
Associated Gas
Authority
Banking Day
Base Price
British Thermal Unit (BTU)
Commercial Operations Date
Contract Year
Daily Contract Quantity (DCQ)
Daily Nominated Quantity
Day
Delivery Point
Department of Petroleum Resources
Expert
Force Majeure Event
Gas
Gas Specification
Gas Transportation Agreement
Gas Transportation System
Governmental Authority
Gross Calorific Value
Independent Engineer
Initial Term
Make-up Gas
Maximum Daily Quantity
Measurement Equipment
Minimum Daily Quantity
Month
Monthly Statement
NNPC
Nigerian Content
Off-Spec Gas
Operating Pressure
Payment Security
Petroleum Industry Act
Pipeline
Price Adjustment Date
Quality Specifications
Quarter
Reasonable and Prudent Operator
Related Agreement
Seller's Facilities
Shortfall Gas
Standard Cubic Meter
System Capacity
Take-or-Pay Quantity
Technical Standards
Term
Transportation Tariff
Week
Wilful Misconduct
Year
Sale and Purchase Obligations
Term and Termination
Conditions Precedent
Representations and Warranties
Gas Specifications
Delivery Point and Title
Quantities and Nominations
Transportation
Measurement and Testing
Price and Payment
Invoicing and Payment
Take or Pay
Make-up Gas
Quality Requirements
Force Majeure
Planned Maintenance
Liability and Indemnification
Insurance
Assignment
Change of Control
Confidentiality
Local Content
Environmental Compliance
Health and Safety
Anti-Corruption
Governing Law
Dispute Resolution
Notices
Entire Agreement
Amendments
Severability
Third Party Rights
Waiver
Counterparts
Security
Tax
Currency and Exchange Rate
Records and Audit
Compliance with Laws
Intellectual Property
Oil and Gas
Energy
Power Generation
Industrial Manufacturing
Petrochemicals
Utilities
Infrastructure
Natural Resources
Heavy Industry
Legal
Commercial
Operations
Technical
Finance
Risk Management
Regulatory Compliance
Business Development
Project Management
Supply Chain
Environmental Compliance
Commercial Director
Gas Supply Manager
Energy Trading Manager
Legal Counsel
Contract Manager
Technical Operations Manager
Risk Manager
Commercial Operations Manager
Business Development Director
Regulatory Compliance Officer
Finance Manager
Project Manager
Operations Director
Technical Director
Energy Procurement Manager
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