Natural Gas Contracts

Natural Gas Contracts

May 18, 2022 | Online :: Central Time

This course will provide attendees with an in-depth review of how to work with natural gas contracts, mostly in the midstream space. The agenda will kick off with fundamental information on jurisdiction, regulations, rules, and enforcements when it comes to FERC transactions and then jump into the different types of gas agreements.

Attendees will learn the regulatory framework for asset management agreements, pipeline precedent agreements, pipeline service agreements, and more. They will understand the key provisions of purchase and sale agreements, gathering and processing agreements, and interconnection agreements. Finally, this event will also review practitioner pointers for all contracts, as well as run through the key provisions for consideration and negotiation.

The goal of the Natural Gas Contracts program is to provide a complete understanding of what goes into these contracts and what to be on the lookout for. Ultimately, attendees should feel more comfortable reviewing, questioning, discussing, and finalizing these agreements after completing this course.

 Learning Outcomes  

  • Review FERC fundamentals when it comes to transacting (i.e., certificate processes, associated risks, compliance programs)
  • Discuss the standard forms for physical and financial gas sales
  • Study the key provisions for consideration and negotiation when it comes to purchase/sale, asset management, pipeline precedent, gathering/processing, and pipeline interconnection agreements
  • Discuss practitioner pointers for all midstream natural gas contracts
  • Evaluate the regulatory framework for pipeline service, pipeline precedent, and asset management agreements
  • Analyze FERC policy, dedication issues, commodity price risk, terms and conditions, and contract administration

Agenda

Wednesday, May 18, 2022 : Central Time

8:45 – 9:00 a.m.
Log In and Welcome

12:30 – 1:15 p.m.
Lunch Break

9:00 a.m. – 4:30 p.m.
Course Timing

 

FERC Fundamentals You Need to Know When Transacting in the Gas Midstream Space

    • Jurisdiction: scope and exemptions
    • Certificate processes and associated risks
    • Regulation over rates, terms, and conditions of service and associated risks
    • Rules regarding releases (resales) of pipeline capacity
    • Enforcement authority and importance of robust compliance program

Gas Purchase and Sale Agreements

    • Standard forms for physical and financial gas sales
    • Key provisions for consideration and negotiation
    • Practitioner pointers

Asset Management Agreements

    • Regulatory framework
    • Key provisions for consideration and negotiation
    • Practitioner pointers

Pipeline Precedent Agreements

    • Regulatory framework
    • Key provisions for consideration and negotiation
    • Contract administration
    • Practitioner pointers

Pipeline Service Agreements

    • Regulatory framework
    • Negotiability of rates; terms and conditions

Gathering and Processing Agreements

    • Key provisions for consideration and negotiation
    • Dedication issues
    • Commodity price risk
    • Practitioner pointers

Gas Pipeline Interconnection Agreements

    • FERC policy
    • Key provisions for consideration and negotiations
    • Practitioner pointers

Instructor

Glenn Benson, Partner, BakerHostetler 

One of the country’s leading representatives of onshore and offshore oil and gas producers on regulatory matters, Glenn Benson brings 25 years of experience and an uncommon familiarity with the Federal Energy Regulatory Commission (FERC) to his role on the BakerHostetler national Energy Industry practice team. He counsels clients across the energy industry on tariff and contract disputes before FERC, regulatory compliance and enforcement, and the negotiation of commercial transactions, including power purchase agreements, interconnection agreements, pipeline precedent agreements, asset management agreements, and oil and gas purchase and sale agreements.

Online Delivery

We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.

  • IMPORTANT NOTE: After November 30 you will not be able to join a Teams meeting using Internet Explorer 11. Microsoft recommends downloading and installing the Teams app if possible. You may also use the Edge browser or Chrome.
  • You will receive a meeting invitation will include a link to join the meeting.
  • Separate meeting invitations will be sent for the morning and afternoon sessions of the course.
    • You will need to join the appropriate meeting at the appropriate time.
  • If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
  • The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.

Register

Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ

If you are unable to attend at the scheduled date and time, we make recordings available to all registrants for three business days after the event

REGISTER NOW FOR THIS EVENT:

Natural Gas Contracts

May 18, 2022 | Online
Individual attendee(s) - $ 895.00 each

Volume pricing also available

Individual attendee tickets can be mixed with ticket packs for complete flexibility

Pack of 5 attendees - $ 3,580.00 (20% discount)
Pack of 10 attendees - $ 6,265.00 (30% discount)
Pack of 20 attendees - $ 10,740.00 (40% discount)

Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before April 15, 2022 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800

CEUs

Credits

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EUCI is accredited by the International Accreditors for Continuing Education and Training (IACET) and offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard. IACET is recognized internationally as a standard development organization and accrediting body that promotes quality of continuing education and training.

EUCI is authorized by IACET to offer 0.7 CEUs for this event

Requirements for Successful Completion of Program 

Participants must log in each day and be in attendance for the entirety of the course to be eligible for continuing education credit. 

Instructional Methods

PowerPoint presentations, group discussions, and active participation will be included.


Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.

Course CPE Credits: 8.0
There is no prerequisite for this Course.
Program field of study: Specialized Knowledge
Program Level: Basic
Delivery Method: Group Internet Based
Advanced Preparation: None

CpeEUCI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org

 

 

Who Should Attend

  • Contract administrators
  • Contract negotiators
  • Sales, marketing, and commercial personnel
  • Financial specialists
  • Operators, planners, and analysts
  • Suppliers and shippers
  • Bankers, lawyers, and specialist advisors to the gas industry
  • In-House Counsel

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