A Practical Guide to Gas Contracting

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PennWell Books, 1999 - Business & Economics - 467 pages
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About the book: Deregulation has brought many changes to the natural gas marketing industry, including hedging activities that have led to new pricing strategies. In this practical guide, author and energy contract law specialist Ann O'Hara takes a comprehensive look at gas contracts and the significant changes they have gone through due, in part, to FERC Order 636 as well as activism of the gas industry Standards Board (GISB). She further explains how gas producers and their customers can take full advantage of these newly modeled gas contracts, making this an essential read for anyone involved in producing, marketing, brokering, and using natural gas. Features and Benefits: Complete history of the gas industry Explanation of the differences between old and new contracts Overview of the changing roles of FERC and state regulators Gain better leverage through understanding the market Make buying and selling gas more efficient and cost-effective Know how to meet or exceed state and federal regulations Be 'ahead of the game' when planning marketing initiatives. About the author: Attorney and author Ann O'hara is President of the Consulting Division of O'Hara & Associates in Lincoln, Nebraska. A member of the Nebraska Bar Association and the American Bar Association, she specializes in energy contract law, commodity swaps and electronic trading, and contract and intellectual property issues. In addition, she develops and presents seminars on gas contracts and OTC derivative documentation, teaches a contract class for the GISB, and is a frequent guest speaker and lecturer at various industry events. In past years, Ann has worked as a lobbyist, in a client training and development and drafting and negotiating legislation.
 

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Ann remains the leader in Credit Risk and Contracting legal counsel for the domestic US markets. Her ability to understand the past, present and future is displayed in A Practical Guide to Gas Contracting. I suggest this book to credit novices and experts alike.
Glenn Barnett
energycredit, a Temenos Company
Vice President, Americas
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Selected pages

Contents

Introduction
1
Gas Industry Players and why they play that way
51
Natural Gas Transportation Laws and Regulation
91
US Gas Sale Laws
109
North American Sale of Goods
151
Essentials of Contracting
185
The Gas Contract
241
The Gas Contract Part 2
289
New Issues Over the Counter OTC Derivatives Documentation and Electronic Contracting
339
Practical Tips for Gas Contractors
377
Glossary of Terms
403
Index
431
Copyright

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