Alaska Natural Gas Inventory Forward Sale Contract

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US-EG-9211
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Natural Gas Inventory Forward Sale Contract between EEX Operating, LLC, E&P Company, LP and Bob West Treasure, LLC regarding the sale and purchase of natural gas dated December 17, 1999. 31 pages.

The Alaska Natural Gas Inventory Forward Sale Contract is a financial agreement that allows for the sale and purchase of natural gas reserves in Alaska at a predetermined price and future date. This type of contract plays a pivotal role in the energy sector by providing a mechanism for producers, consumers, and traders to manage their natural gas inventory and secure future supplies. The Alaska Natural Gas Inventory Forward Sale Contract operates on the principle of forward contracting, where the parties involved agree to buy or sell a fixed quantity of natural gas at a specified price, termed as the forward price, for future delivery. This helps in minimizing price volatility and allows for better planning and budgeting for both the buyers and sellers of natural gas. One of the key benefits of the Alaska Natural Gas Inventory Forward Sale Contract is its ability to ensure a stable and predictable cash flow for natural gas producers, thereby assisting in the financing of their operations. It enables producers to monetize their reserves and secure funding for further exploration and development projects. Furthermore, buyers of natural gas, such as utilities and industrial consumers, benefit from having a reliable and fixed source of supply, enabling them to meet their long-term energy requirements. Different types of Alaska Natural Gas Inventory Forward Sale Contracts can include: 1. Fixed-Quantity Forward Contracts: These contracts involve the sale and purchase of a specified volume of natural gas at a predetermined price, with delivery occurring at a future date. The buyer and seller agree on the quantity of natural gas upfront, reducing uncertainty and ensuring supply security. 2. Index-Based Forward Contracts: In these contracts, the price of natural gas is indexed to a specific benchmark, such as the Henry Hub price or a regional gas index. This allows for the alignment of contract prices with market trends, providing greater flexibility and transparency. 3. Swing Contracts: Swing contracts offer more flexibility to the buyer, allowing them to vary the monthly or quarterly delivery volumes within predefined limits. This type of contract accommodates changes in seasonal demand patterns and enables buyers to optimize their usage of natural gas. 4. Take-or-Pay Contracts: Take-or-pay contracts require the buyer to either take a minimum volume of natural gas or pay a penalty for the unused portion. These contracts ensure a consistent demand for natural gas and assist producers in maintaining a stable production level. In summary, the Alaska Natural Gas Inventory Forward Sale Contract is an essential instrument in the energy sector, facilitating the sale and purchase of natural gas reserves in Alaska. It offers various contract types to meet the diverse needs of the market and plays a crucial role in ensuring supply security, stable cash flows for producers, and predictable energy costs for consumers.

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Most LNG contracts will include a modest constant, typically less than $1 mmbtu, which generally bears some implicit relationship to shipping costs. LNG pricing in Asian markets, has historically taken the form of an ?S-curve? (see also s-curve). There are often floors and caps on the LNG price. LNG pricing; LNG contracts ? HebrewEnergy - Energy Dictionary hebrewenergy.com ? lng-prices-lng-pricing-... hebrewenergy.com ? lng-prices-lng-pricing-...

Firm contracts and interruptible contracts are two broad types of contracts for purchasing natural gas, although the legal obligations for delivering natural gas between a fuel supplier and a natural gas-fired power plant can vary, depending on their specific agreements. Natural gas power plants purchase fuel using different types of contracts eia.gov ? todayinenergy ? detail eia.gov ? todayinenergy ? detail

There are three main types of liquefaction cycles: cascade, mixed refrigerant, and expansion cycles. Most commercially available liquefaction processes are based on these cycles or a combination of these cycles. Liquified natural gas (LNG) - PetroWiki spe.org ? Liquified_natural_gas_(LNG) spe.org ? Liquified_natural_gas_(LNG)

By way of background, a typical LNG SPA contains a clause that specifies the ?annual contract quantity? or ?ACQ?, which is the total quantity of LNG that the seller may be required to sell and deliver, and the buyer may be required to take and receive, over the course of each contract year. Re-examining the take-or-pay obligation in LNG sale ... - Lexology lexology.com ? library ? detail lexology.com ? library ? detail

In its compact liquid form, natural gas can be shipped in special tankers to terminals around the world. At these terminals, the LNG is returned to its gaseous state and transported by pipeline to distribution companies, industrial consumers, and power plants.

GSA: Gas Sales Agreement. SPA: Sales & Purchase Agreement. MSA: Master Sale Agreement.

1 million tonnes per year (mtpa) (LNG) = 48.7 Bcf/year* (gas) = 1.379 bcm/year (gas)

Compressed Natural Gas or CNG is sold at the retail level either by mass, energy units or "gasoline gallon equivalents" or gge. The National Conference of Weights & Measurements (NCWM) has developed a standard unit of measurement for compressed natural gas.

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Download the document. When the Natural Gas Inventory Forward Sale Contract is downloaded you can fill out, print and sign it in almost any editor or by hand. Jul 3, 2023 — Most of the options outlined in the report will come at a higher price tag than what utilities get for Cook Inlet gas today.May 28, 2015 — Alaska LNG Project, a long-term sales contract involving natural gas or LNG stored or liquefied ... Alaska LNG shall file with the Office of Oil ... 5.2.1.3 Executory contract accounting ; 1. 05/01. Initial purchase of inventory (10,000 × $4.00/MMBtu) ; 2. Monthly. To record storage fees ($2,000 per month) ; 3. May 15, 2023 — ... the Gas Sale and Purchase Agreement between Alaska Pipeline Company and Furie ... Agreement is a forward contract within the meaning of and for ... Find statistics on prices, exploration & reserves, production, imports, exports, storage and consumption. Expand all Collapse all ... Nov 28, 2017 — In July 2013 Titan entered into a "Gas Sale and Purchase Agreement" with Hilcorp Alaska, LLC to purchase natural gas. The agreement, which ... Several different proposals to resolve. Anchorage's gas requirements included bringing natural gas from the North Slope by pipeline (small or large diameter); ... Apr 1, 2020 — This primer explores the workings of the wholesale markets for these forms of energy, as well as energy-related financial markets. Mar 16, 2016 — ... and forward contracts to lock in O&G at a future sell price. The ... • Leases and operating agreements: If applicable, the file should contain ...

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Alaska Natural Gas Inventory Forward Sale Contract