Thursday, 30 November 2006 11:44
LNG sales contracts: How we got to where we are now
By Philip R. Weems
This article is the first in a three-part series on the evolution of LNG sales contracts. In this issue the author highlights the emergence of take-or-pay and price review clauses
During the more than 40-year history of the LNG industry, customs and practices have developed with regard to documenting long-term LNG sales (“SPAs”).
This article is the first in a three-part series on the evolution of LNG sales contracts. In this issue the author highlights the emergence of take-or-pay and price review clauses
During the more than 40-year history of the LNG industry, customs and practices have developed with regard to documenting long-term LNG sales (“SPAs”).
Published in
Jan 06
Thursday, 30 November 2006 10:55
Long-term LNG contracts develop as liquefaction facilities increase
By Philip R. Weems Partner King & Spalding LLP
This article is the second in a three-part series examining the evolution of long-term LNG sales contracts. The first part of the series addressed trends and issues in the 1960s and 1970s. In this issue the author highlights some of the key features of such contracts in the 1980s and 1990s, many driven at least in part by the rise in project financed liquefaction facilities and the increased number of players in the market. The final part of this series will address trends and issues in the 2000s.
This article is the second in a three-part series examining the evolution of long-term LNG sales contracts. The first part of the series addressed trends and issues in the 1960s and 1970s. In this issue the author highlights some of the key features of such contracts in the 1980s and 1990s, many driven at least in part by the rise in project financed liquefaction facilities and the increased number of players in the market. The final part of this series will address trends and issues in the 2000s.
Published in
Feb 06
Tuesday, 28 November 2006 13:26
LNG contracts enter the sophistication stage
Philip Weems of King & Spalding.
This article is the last of a three-part series examining the evolution of long-term LNG sales contracts. The first and second parts of the series addressed trends and issues from the 1960s through to the 1990s. In this issue the author focuses on trends since 2000, including the emergence of more sophisticated force majeure and termination clauses, and the abolition of destination restrictions in the European market.
This article is the last of a three-part series examining the evolution of long-term LNG sales contracts. The first and second parts of the series addressed trends and issues from the 1960s through to the 1990s. In this issue the author focuses on trends since 2000, including the emergence of more sophisticated force majeure and termination clauses, and the abolition of destination restrictions in the European market.
Published in
March 06
