All Countries
Sales
Gas Purchase Agreement

Gas Purchase Agreement Template for India

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Gas Purchase Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Gas Purchase Agreement

"I need a Gas Purchase Agreement for my manufacturing company to purchase natural gas from a state-owned supplier in Maharashtra, with a minimum daily quantity of 50,000 SCM and a contract duration of 5 years starting March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Gas Purchase Agreement is a crucial commercial document used in India's energy sector to formalize the sale and purchase of natural gas between suppliers and buyers. It is essential when establishing long-term gas supply arrangements and must comply with India's complex regulatory framework, including the Petroleum and Natural Gas Regulatory Board Act, 2006, and related regulations. The agreement typically includes detailed provisions for gas quantity, quality specifications, pricing mechanisms, delivery arrangements, and operational procedures. It is particularly relevant in the context of India's growing gas market and the government's push towards increasing the share of natural gas in the country's energy mix. The document needs to account for specific Indian market conditions, such as regulated pricing for certain sectors and infrastructure constraints.
Suggested Sections

1. Parties: Identification and details of the seller and purchaser

2. Background: Context of the agreement, including seller's authority to sell and buyer's requirement for gas

3. Definitions: Detailed definitions of terms used throughout the agreement

4. Sale and Purchase Obligation: Core obligations including Daily Contracted Quantity (DCQ) and Take-or-Pay provisions

5. Gas Specification: Quality parameters and specifications of the gas to be supplied

6. Delivery Point and Title: Specification of delivery point and transfer of ownership

7. Transportation and Measurement: Responsibilities for gas transportation and measurement methodologies

8. Price and Payment: Gas pricing formula, payment terms, invoicing, and credit requirements

9. Term and Termination: Duration of agreement, renewal terms, and termination rights

10. Force Majeure: Events constituting force majeure and consequent rights and obligations

11. Assignment: Conditions and restrictions on transfer of rights and obligations

12. Governing Law and Dispute Resolution: Applicable law and dispute resolution mechanisms

13. Notices: Communication protocols and contact details

14. Confidentiality: Protection of confidential information and trade secrets

Optional Sections

1. Minimum Take Obligations: Used when specific minimum purchase commitments are required, including take-or-pay conditions

2. Make-up Gas: Include when allowing buyer to claim gas paid for but not taken in subsequent periods

3. Seasonal Variations: Required when supply quantities vary based on seasonal factors

4. Gas Banking: Include when parties agree to banking arrangements for excess gas

5. Third Party Sales: Used when resale rights or restrictions need to be specified

6. Price Review: Include when periodic price review mechanisms are required

7. Commingling Rights: Required when gas from multiple sources may be mixed

8. Carbon Credits: Include when parties agree on carbon credit allocation and trading

9. Pipeline Capacity: Used when specific pipeline capacity needs to be reserved or managed

Suggested Schedules

1. Schedule 1 - Gas Specification: Detailed technical specifications of the gas

2. Schedule 2 - Delivery Point Details: Technical details and drawings of delivery point

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

4. Schedule 4 - Price Calculation Methodology: Detailed formula and examples of price calculation

5. Schedule 5 - Nomination Procedures: Procedures for daily/weekly/monthly gas nominations

6. Schedule 6 - Operating Procedures: Day-to-day operational procedures and requirements

7. Schedule 7 - Form of Bank Guarantee: Standard format for bank guarantees if required

8. Schedule 8 - Contact Details: Detailed contact information for all relevant personnel

9. Appendix A - Transportation Network Details: Details of the gas transportation network and connection points

10. Appendix B - Metering Equipment Specifications: Technical specifications of metering equipment

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Actual Delivered Quantity
Annual Contract Quantity
Annual Take-or-Pay Quantity
Applicable Law
Associated Gas
British Thermal Unit (BTU)
Business Day
Capacity Charge
Commercial Operations Date
Compressed Natural Gas (CNG)
Contract Price
Contract Year
Daily Contracted Quantity (DCQ)
Daily Nomination
Day
Delivery Point
Delivery Pressure
Downstream Pipeline
Force Majeure Event
Gas
Gas Specification
Gross Calorific Value (GCV)
Gross Heating Value
Hour
Initial Period
Interconnection Point
Invoice
Make-up Gas
Maximum Daily Quantity (MDQ)
Measuring Equipment
Minimum Daily Quantity (MinDQ)
Minimum Take Obligation
Month
Natural Gas
Net Calorific Value (NCV)
Nomination
Off-Spec Gas
Operating Procedures
Payment Due Date
Pipeline
Pipeline Transportation Agreement
Point of Sale
Pressure
Quality Specifications
Quarter
Reasonable and Prudent Operator
Related Party
Scheduled Maintenance
Seller's Facilities
Standard Cubic Meter (SCM)
System Use Gas
Take
Technical Standards
Term
Termination Notice
Transportation Charge
Upstream Facilities
Week
Wilful Misconduct
Working Day
Year
Clauses
Definitions
Interpretation
Sale and Purchase Obligations
Duration and Term
Quality Specifications
Quantity and Nominations
Delivery
Title and Risk
Price and Payment
Measurement
Transportation
Take or Pay
Make-up Gas
Force Majeure
Scheduled Maintenance
Health and Safety
Environmental Compliance
Representations and Warranties
Confidentiality
Assignment
Change in Law
Dispute Resolution
Governing Law
Termination
Liability and Indemnification
Insurance
Notices
Anti-corruption
Entire Agreement
Severability
Emergency Procedures
Operational Communication
Invoicing and Billing
Credit Support
Taxes
Records and Audits
Relevant Industries

Oil & Gas

Energy

Utilities

Power Generation

Manufacturing

Chemical Industry

Fertilizer Industry

Petrochemicals

Industrial Processing

Transportation

Relevant Teams

Legal

Commercial

Operations

Supply Chain

Risk Management

Compliance

Technical Operations

Business Development

Regulatory Affairs

Trading

Finance

Relevant Roles

Commercial Manager

Gas Supply Manager

Energy Procurement Manager

Legal Counsel

Contract Administrator

Operations Manager

Technical Director

Risk Manager

Compliance Officer

Business Development Manager

Energy Trading Manager

Supply Chain Manager

Chief Commercial Officer

Regulatory Affairs Manager

Industries
Indian Contract Act, 1872: Fundamental law governing contract formation, execution, and enforcement in India, providing the basic framework for the agreement
Petroleum and Natural Gas Regulatory Board Act, 2006: Establishes the regulatory framework for downstream and midstream natural gas sectors, including transportation rates and access to distribution networks
Petroleum and Natural Gas Rules, 1959: Regulates the exploration, production, and supply of petroleum and natural gas in India
Essential Commodities Act, 1955: Controls production, supply, and distribution of essential commodities including petroleum and petroleum products
Environmental Protection Act, 1986: Sets environmental standards and compliance requirements for gas operations and transport
Competition Act, 2002: Regulates anti-competitive practices and abuse of dominant position in the market, relevant for pricing and supply terms
The Petroleum and Minerals Pipelines (Acquisition of Right of User in Land) Act, 1962: Governs the laying of pipelines for transport of petroleum and natural gas
The Oilfields (Regulation and Development) Act, 1948: Provides for the regulation of oilfields and development of mineral oil resources
Gas Cylinder Rules, 2016: Regulates the storage, handling, and transportation of gas cylinders if applicable to the agreement
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Simple Sales Commission Agreement

An Indian law-compliant agreement establishing commission-based sales arrangements between a company and sales representative, outlining compensation terms and responsibilities.

find out more

Sale Deed Of Immovable Property Draft

A legally binding document under Indian law that transfers ownership of immovable property from seller to buyer, requiring mandatory registration and stamp duty payment.

find out more

Sale Deal Agreement

An Indian law-governed agreement that documents the terms and conditions of a sale transaction, including price, delivery, and warranties.

find out more

Agreement To Sell Immovable Property

An Indian law-compliant agreement documenting the commitment to sell and purchase immovable property, outlining terms, conditions, and consideration for the future transfer.

find out more

Sale Deed And Conveyance Deed

An Indian legal document that transfers property ownership from seller to buyer, requiring registration and stamp duty payment under Indian property laws.

find out more

Purchase Price Agreement

A comprehensive agreement under Indian law that governs the terms and conditions of a purchase transaction, including price, payment terms, and parties' obligations.

find out more

Simple Deed Of Sale Of Motor Vehicle

An Indian law-compliant deed documenting the transfer of ownership of a motor vehicle between parties, incorporating requirements under the Motor Vehicles Act, 1988.

find out more

Sales Contract Export Import

An Indian law-governed contract for international sale of goods, establishing terms between exporter and importer.

find out more

Sale Deed Agreement

A legally binding document under Indian law that transfers property ownership from seller to buyer, requiring mandatory registration and stamp duty payment.

find out more

Deed Of Sale Of Shares Of Stock

An Indian law-governed deed that documents and effectuates the transfer of shares between parties, incorporating all essential terms and statutory requirements.

find out more

Land Buying Agreement

A legally binding agreement for land transfer between parties under Indian property law, outlining sale terms and ensuring compliance with relevant legislation.

find out more

International Sales Agreement

An Indian law-governed agreement establishing terms for international sale of goods between Indian sellers and foreign buyers, ensuring compliance with domestic and international trade regulations.

find out more

Commission Agent Agreement

An Indian law-governed agreement establishing terms between a principal and commission agent, including scope, commission structure, and operational requirements.

find out more

Sale Deed Without Sale Agreement

A legal document under Indian law that directly transfers property ownership from seller to buyer, requiring mandatory registration and stamp duty payment.

find out more

Laptop Sale Agreement

A legal agreement for laptop sales in India, governing terms of sale, warranties, and after-sales support under Indian law.

find out more

Sale And Contract Of Sale

An Indian law-governed agreement documenting the terms and conditions for the sale of goods or property between a seller and buyer.

find out more

Token Sale Agreement

An Indian law-governed agreement establishing terms and conditions for digital token sales, including regulatory compliance requirements and technical specifications.

find out more

Ship Sale And Purchase Agreement

An Indian law-governed agreement for the sale and purchase of vessels, detailing terms of transfer, inspection, and delivery conditions.

find out more

Letter Of Sale Agreement

An Indian law-governed formal document that records and executes sale transactions between parties in a concise letter format while maintaining legal validity.

find out more

Letter Of Intent Sales

A preliminary document under Indian law outlining proposed terms for a sales transaction, serving as a precursor to a definitive sales agreement.

find out more

Assignment Purchase Agreement

A legally binding agreement under Indian law that documents the transfer of rights or assets from an assignor to an assignee for consideration.

find out more

Salesperson Contract

An Indian law-governed employment agreement for sales professionals, outlining duties, compensation, and performance requirements.

find out more

Gas Purchase Agreement

An Indian law-governed agreement establishing terms for natural gas sale and purchase, incorporating local regulatory requirements and market practices.

find out more

Sales Partner Agreement

An Indian law-governed agreement establishing the terms and conditions between a principal company and its sales partner for the marketing and sale of products/services in a designated territory.

find out more

Business Purchase Contract

An Indian law-governed agreement for the purchase and sale of a business, including its assets, liabilities, and operational components.

find out more

Simple Sales Contract

A straightforward legal agreement for the sale of goods in India, governed by Indian contract law, outlining essential terms of sale between parties.

find out more

Partnership Sale Agreement

An Indian law-governed agreement facilitating the sale and transfer of partnership interests between selling partners and buyers, outlining terms, conditions, and obligations of the transaction.

find out more

Sale And Agreement To Sell

An Indian law-compliant document combining a present sale agreement and future sale commitment for property transactions, governed by the Transfer of Property Act and Contract Act.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.