Sale and Purchase Agreements

ECC has worked on sale/purchase agreements for natural gas and LNG for over twenty years. These agreements define the rights and obligations of buyers and sellers on: the quantities of gas or LNG to be delivered, the flexibility in such deliveries, the minimum payments to be made (Take or Pay), the consequences of failure to deliver, credit security provisions and most important of all price and price review procedures. In recent years ECC has worked on sale and purchase agreements, not just in the UK, but in sixteen other countries around the world, from Norway to Singapore.  The company can either negotiate these agreements on behalf of a client, assist the client to negotiate itself or simply review draft contracts prepared by the other party. Our expertise covers not only long term gas contracts but also LNG sales agreements and gas trading services agreements covering sales in spot markets.

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+ 44 (0)20 8891 2905