Description:

The GTA comes in two versions: one for gas transportation through pipelines that are to be built, the second for gas transportation through pre-existing pipelines. The GTA is particularly well-tailored for the following medium or long-term business relationships: (a) unregulated markets, (b) pipelines between gas fields and industrial clients or gas distributors, and (c) project-financing. The Drafting Committee co-chaired by Andreas Gunst and Ariel Kaufman (61 members, 21 countries), considered a range of models and available precedents from around the world, including countries with regulated markets, with the objective of creating a model contract that could be: (a) adaptable to the broadest possible spectrum of commercial situations with relative ease; and (b) compatible with the other AIPN Model Contracts, mainly the Gas Sales Agreement.