Fundamentals of the NAESB Documentation
Key Facts
Dates: TBA
Venue: Alberta Innovates Technology Futures
Fee: $895. Discounts apply for more than 1 registrant.
3-Day ISDA + NAESB Suite $2295.
Application Process: Click here to register.
Course Contact:If you have any questions about this course, e-mailor phone 403-457-0260.
Overview
In this one-day course, participants will be introduced to the NAESB Base Contract for Sale and Purchase of Natural Gas and its Credit Support Addendum as well as the NAESB Canadian Addendum. Your instructor, GuyLaine Charles, will provide a section-by-section review of the Base Contract. The class will then review the elections on the cover page of the Base Contract and the changes most commonly made in the special provisions. The class will also discuss the economic implications of these changes and the basis risk that certain changes may create.
GuyLaine Charles has the professional background and classroom experience to bring understanding to the complexities of the NAESB documents. GuyLaine has dealt with energy contracts for more than a decade at major law firms in both Canada and the United States. In her present position as Partner at Teigland-Hunt LLP in New York, Guylaine has led numerous seminars on ISDA and NAESB for clients, universities, and conferences.
A continental breakfast and catered lunch will be provided.
Course Outline
Introduction – Purpose & Objectives of the NAESB Training Program
- Structure of NAESB Documentation
- 2006 Base Contract (Elections and General Terms and Conditions), Special Provisions, Transaction Confirmation
- History of NAESB Documentation (2006 versus 2002)
- Canadian Addendum
- Other Industry Documentation Utilized for Physical Gas Transactions
- Anatomy of the NAESB – Section by Section Review of the NAESB
- Elections on the Cover Page of the Base Contract
- Special Provisions and Commonly Negotiated Issues
- Credit Support Addendum
- Canadian Addendum
- Practical Exercises
- Closing Remarks