In the context of negotiating transport and processing contracts, there are many mobile parts of the draft contract, which are (often) worked in parallel by sub-teams. It is important that the concepts and terms used by these sub-teams coincide in the final agreement. The term “CATS capacity” was used throughout the agreement, including pricing, emergency provision and substitution rights. The Court of Appeal advocated an interpretation of the agreement that allowed the terms used to have uniform meaning and application. This underscores the importance of “interconnected” development between sub-teams dealing with defined interdependent and interdependent concepts. (iv) the date on which the transport of this gas must begin without capacity; Second, the inflow of infrastructure funds and other new entrants into the ownership of transportation and processing facilities has altered the economic dynamism of the operation of these assets. Whereas in the past, traditional oil and gas companies may not have seen these assets as separate profit centres, but as a means of monetizing hydrocarbons, infrastructure funds and many other new entrants have invested in them as profit centres. Infrastructure funds and many other new investors can therefore be expected to analyze existing agreements to ensure that they are exploited in a way that maximizes their return on this asset – which creates a risk of conflict – even if this does not correspond to the approach taken so far by existing parties. The central area Transmission System (cats) is a natural gas transmission and processing system that transports gas from the central North Sea to a processing terminal in Teesside. Roberto Castello Branco, CEO of Petrobras, stressed the importance of signing these contracts: “Transportation and processing contracts will be an important step in opening up the Brazilian natural gas market. They show the commitment of all partners to contribute to the development of a competitive and sustainable market in the country.
Energy Transfer LP has entered into agreements with an unquoted company to collect, process, transport and split natural gas liquids in the Eagle Ford shale basin by 2034 and the Delaware Basin by 2040.