Understanding the FIDIC red and yellow books

This work provides a detailed hands-on guide to the drafting, negotiation and interpretation of natural gas and LNG sales and transportation contracts Explains the critical components of the agreements which set out the terms between buyers, sellers, transporters and shippers, leading to the sale and transportation of gas and LNG. Discusses the nature of gas and LNG (including shales and unconventionals) and the contracting process Offers clause-by-clause commentary on the typical provisions within gas and LNG sales and transportation agreements Pinpoints the key issues and suggests solutions to problems that can arise Identifies the legal and commercial issues involved at each stage, from quality specification and force majeure to liabilities/limitations and dispute resolution, and advises how they should be handled in the contract. Provides discussion on the commercialisation of natural gas in light of recent concerns about climate change, cleaner energy sources and the security of energy supplies Includes expertly drafted precedents, also on a CD-ROM for rapid drafting Written from the perspective of English law but in the light of international experience and practice