Examples of Gas Sales Agreement in a sentence
The appendix contains a sample Engineering Service Agreement and Gas Sales Agreement (Interconnect Agreement).
Commodity prices for petroleum and natural gas are affected by the international economy that governs the level of supply and demand.The Company has reduced the risk of changing natural gas prices by signing an Amended Gas Sales Agreement with SOCAR, effective April 1, 2017, which fixed the natural gas price at $2.69/mcf until December 31, 2021.
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The Directors (including the independent non-executive Directors) are of the view that the terms and conditions of Sanjiang Chemical Nitrogen Gas Sales Agreement are fair and reasonable and on normal commercial terms and in the ordinary and usual course of business of the Group and that the entering into Sanjiang Chemical Nitrogen Gas Sales Agreement is in the interests of the Company and its Shareholders as a whole.
Within thirty (30) days after the date of Commercial Oil Discovery or within thirty (30) days after signature of a Gas Sales Agreement or commencement of a scheme to dispose of Gas (unless otherwise agreed upon by EGPC and CONTRACTOR), the Charter shall take effect and Operating Company shall automatically come into existence without any further procedures.