Gas Sales Agreement Template for Australia

1. Take-or-Pay: Required when parties agree to minimum purchase obligations with payment regardless of actual takes

2. Make-up Gas: Used when take-or-pay provisions allow buyer to take paid-for but undelivered gas in subsequent periods

3. Gas Balancing: Needed when multiple parties have overlapping interests in gas fields

4. Gas Processing: Required when raw gas requires processing before delivery

5. Minimum Performance Obligations: Used when specific performance targets are required

6. Carbon Credits and Environmental Matters: Required when parties need to address carbon pricing or environmental obligations

7. Security Requirements: Include when credit support or performance security is required

8. Change in Law Provisions: Detailed provisions for managing regulatory changes when operating in uncertain regulatory environment

9. Interruptible Supply: Used when agreement includes both firm and interruptible gas supply

1. Schedule 1 - Gas Specifications: Detailed technical specifications for gas quality and composition

2. Schedule 2 - Delivery Point Details: Technical details of delivery point including schematics and metering arrangements

3. Schedule 3 - Testing and Measurement Procedures: Detailed procedures for gas testing and measurement

4. Schedule 4 - Price Calculation: Detailed price calculations, escalation formulas, and adjustment mechanisms

5. Schedule 5 - Nomination Procedures: Detailed procedures and timeframes for gas nominations

6. Schedule 6 - Contact Details: Key contacts for operational and contractual matters

7. Schedule 7 - Form of Bank Guarantee: Standard form for any required bank guarantee or security

8. Appendix A - Pipeline Transportation Terms: Key terms of associated pipeline transportation arrangements

9. Appendix B - Field Development Plan: Overview of gas field development if relevant to supply obligations