THE LEGAL PROBLEMS OF LONG TERM LNG CONTRACTS

The erosion of the sanctity of long-term contracts is discussed, and the paper examines whether in fact 15-20 year LNG contracts can be relied upon when the surrounding circumstances change. Changes provided for and not provided for in the contracts are considered, and the practice in various countries is briefly reviewed. The adoption of more flexible doctrines outlined in the paper is recommended. Order from NSFI as No. 14799.

  • Supplemental Notes:
    • Presented at the Fifth International Conference on Liquefied Natural Gas, Duesseldorf, Germany, August 29-September 1, 1977, Session III.
  • Corporate Authors:

    Institute of Gas Technology

    3424 South State Street
    Chicago, IL  USA  60616

    International Gas Union

    Institution of Gas Engineers, 17 Grosvenor Crescent
    London,   England 

    International Institute of Refrigeration

    177 boulevard Malesherbes
    75017 Paris,   France 
  • Authors:
    • Soesan, J M
  • Publication Date: 1977

Media Info

  • Features: References;
  • Pagination: 12 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00182943
  • Record Type: Publication
  • Source Agency: Ship Research Institute of Norway
  • Report/Paper Numbers: Paper No. 1 Conf Paper
  • Files: TRIS
  • Created Date: Oct 31 1978 12:00AM