Take-or-Pay Fuel Supply and Price Adjustment in Energy Projects
An industrial plant or power project may commit to purchase a minimum quantity of gas, fuel or another feedstock regardless of actual consumption.
A project’s profitability depends on how regulation, offtake, financing and delivery risks are allocated.
NINETY TWO CHAMBERS / SECTORSEnergy transactions involve undertakings with long operating lives and multiple counterparties. We consider licences and permissions, land and infrastructure access, power and supply agreements, financing, construction responsibilities, government procurement and the consequences of delay or regulatory change. The legal work must reflect how an energy asset is built, paid for, operated and ultimately transferred or terminated.
Issues that commonly require coordinated attention in this sector:
Legal questions affecting Energy & Natural Resources.
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