NAESB Documentation Fundamentals

$1,195.00

One-day course of detailed NAESB contract analysis and practical strategies for those that work with the NAESB documentation.

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Description

Three sessions (2.5 hours each) over one day spent with GuyLaine Charles, a lawyer with over 25 years of financial services experience. You will be introduced to possible NAESB documentation pitfalls and successful NAESB negotiation strategies.  GuyLaine is the expert with answers to the questions that have been puzzling you.

In this course, you will learn:

  • the structure of the NAESB Base Contract for Sale and Purchase of Natural Gas including the Canadian Addendum
  • the provisions specific to natural gas and how they can be amended depending on where your client is in the chain
  • negotiating adequate assurance provisions to ensure your client is not subject to unbounded liability
  • the circumstances in which a party can declare Force Majeure under a NAESB Base Contract for Sale and Purchase of Natural Gas
  • negotiating for collateral provisions if required by or from your client