Good Example Of Research Proposal On Types Of Agreements Involved With Natural Gas Transactions
The United States lacks capital and foreign entities seek to invest in this project
Over the last five years energy law has experienced a boon as the United States is projected to become the world’s largest oil and natural gas suppliers in the world
Although litigation has been relatively low at this point, it is anticipated numerous cases will arise over the extraction of natural gas, such as through fracking
How Regulations Are Selected and How This Law is Enforced Through an Acquisition Agreement
How is the law selected?
Does the chosen law repair or answer common commercial inquiries in a normative fashion?
Does the law select protect the parties, rights, obligations and risks?
How are the contracts analyzed and judged?
Civil and common law systems in agreements together
Commercial terms that are ambiguous
Problems of applicable law that may supersede the contractual regulations
How will these laws and agreements be enforced? Which jurisdiction?
Other Major Challenges
Determining the exact amounts each nation is exporting, importing and producing is exceptionally difficult due to the network of pipelines for transmission. This is especially true in the case of liquid natural gas
How much is reserve? This must be accurate to ascertain the true value and its impact on a nation’s overall wealth for investment purposes
How will this gas be extracted? With the environment being of primary concern, techniques such as flaring and venting need to be examined to illustrate how they affect the environment and if they are being used
Evening out the supply and demand of natural gas so the prices are not too high or too low
Countries need to know exactly how much it costs to transport natural gas and that is remains nebulous
Ensuring statistical data from each country on natural gas remains confidential when necessary and accessible when it is required for it to be so
Curriden, Mark. “It’s a Golden Age for Texas’ oil and gas transactional lawyers.” ABA Journal.
February 1, 2013. Retrieved from
Hammerson, Marc and LeMaster, John. ed. Oil and Gas M&A. May 2014. Print.
Pereira, E.G. and Talus, K. “OGEL Special on "Natural Gas Developments: An International and
Challenging Legal Framework.” OGEL 1. 2015. Retrieved from
“Report of the International Energy Law & Transaction Committee.” Energy Law Journal. May,
14, 2014. Vol. 35:1. Web. Retrieved from
Report of the Secretary General. “Compilation of Natural Gas Statistics”. United Nations Economic and Social Council. December 15, 2011. Retrieved from
Smith, Ernest, Dzienkowski, Jhon, S., Anderson, Owen, L., Conine, Gary, B., Lowe, John, S.
Materials on International Petroleum Transactions. Rocky Mountain Mineral Foundation.
Please remember that this paper is open-access and other students can use it too.
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