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Fuel Supply Agreement

Fuel Supply Agreement Template for Saudi Arabia

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Key Requirements PROMPT example:

Fuel Supply Agreement

"I need a Fuel Supply Agreement under Saudi law for supplying diesel fuel to a construction company's fleet of vehicles, with monthly delivery requirements of 50,000 liters and payment terms of 30 days, starting March 2025."

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Document background
The Fuel Supply Agreement is a critical commercial contract used when establishing a formal relationship between fuel suppliers and purchasers in Saudi Arabia. It is particularly relevant for businesses requiring regular fuel supply for their operations, such as industrial facilities, transportation companies, or power generation plants. The agreement comprehensively covers supply terms, quality specifications, delivery arrangements, pricing mechanisms, and compliance with Saudi Arabian regulations, including those from the Ministry of Energy and environmental authorities. This document is essential for ensuring secure, reliable fuel supply while maintaining compliance with local laws and industry standards. The agreement typically includes detailed technical specifications and may be customized based on the specific type of fuel, volume requirements, and operational needs of the parties involved.
Suggested Sections

1. Parties: Identification of supplier and purchaser, including registration details and addresses

2. Background: Context of the agreement, including supplier's authority to sell fuel products

3. Definitions: Definitions of key terms used throughout the agreement

4. Supply Obligations: Core obligations of supplier including quantity, delivery terms, and supply guarantee

5. Quality Requirements: Fuel quality specifications and compliance with Saudi standards

6. Delivery Terms: Delivery locations, methods, timing, and transfer of risk

7. Price and Payment: Pricing mechanism, payment terms, invoicing, and VAT provisions

8. Term and Termination: Duration of agreement and termination rights

9. Title and Risk: Transfer of ownership and risk allocation

10. Health, Safety and Environment: HSE compliance and requirements

11. Force Majeure: Events excusing performance and related procedures

12. Compliance with Laws: Obligation to comply with Saudi laws and regulations

13. Confidentiality: Protection of confidential information

14. Dispute Resolution: Dispute resolution process under Saudi law

15. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment

Optional Sections

1. Take or Pay Provisions: Include when minimum volume commitments are required

2. Storage Facilities: Include when supplier provides storage facilities

3. Transportation: Include when supplier is responsible for transportation

4. Emergency Supply: Include for critical supply arrangements requiring backup provisions

5. Credit Support: Include when financial guarantees or credit terms are required

6. Exclusive Supply: Include for exclusive supply arrangements

7. Insurance: Include detailed insurance requirements for higher-risk supplies

8. Training and Support: Include when supplier provides operational training

9. Import/Export: Include for international supply arrangements

Suggested Schedules

1. Product Specifications: Detailed technical specifications for each fuel type

2. Pricing Schedule: Detailed pricing mechanism and adjustments

3. Delivery Locations: List of approved delivery points and facilities

4. Testing Procedures: Quality testing protocols and standards

5. Volume Requirements: Detailed volume commitments and flexibility

6. Key Performance Indicators: Performance metrics and measurement criteria

7. HSE Requirements: Detailed health, safety and environmental requirements

8. Emergency Procedures: Emergency response and notification procedures

9. Required Permits: List of necessary permits and licenses

10. Contact Details: Key personnel and emergency contacts

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Affiliate
Agreement
Applicable Law
Business Day
Commencement Date
Confidential Information
Delivery Point
Delivery Schedule
Effective Date
Emergency
Environmental Law
Force Majeure Event
Fuel Products
Fuel Specifications
Good Industry Practice
Government Authority
HSE Requirements
Initial Term
Letter of Credit
Measurement Equipment
Minimum Volume Commitment
Notice
Operating Hours
Payment Terms
Permitted Purpose
Price
Product Quality
Purchase Order
Quality Certificate
Regulatory Approvals
Representatives
SASO Standards
Saudi Business Hours
Scheduled Maintenance
Security Requirements
Specification Sheet
Storage Facility
Supply Period
Technical Standards
Term
Territory
Testing Procedures
Title Transfer Point
Transportation Equipment
VAT
Working Hours
Clauses
Supply Obligations
Quality Requirements
Delivery
Price and Payment
Title and Risk
Health Safety and Environment
Force Majeure
Term and Termination
Compliance with Laws
Technical Specifications
Volume Requirements
Testing and Inspection
Insurance
Confidentiality
Dispute Resolution
Liability and Indemnification
Warranties
Assignment
Emergency Supply
Storage
Transportation
Record Keeping
Intellectual Property
Anti-corruption
Environmental Protection
Governing Law
Notices
Amendment
Severability
Entire Agreement
Third Party Rights
Waiver
Counterparts
Relevant Industries

Energy

Oil & Gas

Transportation

Manufacturing

Aviation

Maritime

Construction

Mining

Agriculture

Logistics

Power Generation

Relevant Teams

Legal

Procurement

Operations

Supply Chain

Compliance

Health Safety & Environment

Quality Assurance

Finance

Risk Management

Logistics

Commercial

Relevant Roles

Commercial Director

Procurement Manager

Supply Chain Manager

Operations Director

Legal Counsel

Compliance Officer

HSE Manager

Contract Manager

Logistics Manager

Technical Director

Chief Operating Officer

Risk Manager

Quality Assurance Manager

Finance Director

Industries
Commercial Court Law: Royal Decree No. M/93 (2020) - Governs commercial transactions and contracts in Saudi Arabia, including terms of trade, commercial obligations, and dispute resolution
Law of Commercial Agencies: Royal Decree No. M/11 (1962) - Regulates commercial agency relationships and distribution agreements in Saudi Arabia
Environmental Law: Royal Decree No. M/165 (2020) - Sets environmental protection standards and requirements for handling hazardous materials including fuel
Competition Law: Royal Decree No. M/75 (2019) - Regulates fair competition and prevents monopolistic practices in commercial activities
Hydrocarbon Distribution Law: Regulations issued by Ministry of Energy governing the distribution and supply of petroleum products within Saudi Arabia
Law of Weights and Measures: Royal Decree No. M/26 (1963) - Ensures accuracy in measurement and quantity determination of traded goods including fuel
Saudi Standards, Metrology and Quality Organization (SASO) Regulations: Technical standards and specifications for fuel quality and safety requirements
Value Added Tax Law: Royal Decree No. M/113 (2017) - Governs VAT implications on fuel supply transactions
Foreign Investment Law: Royal Decree No. M/1 (2000) - Relevant if either party is a foreign entity engaging in fuel supply business in Saudi Arabia
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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