LNG Measurement and Tests Clause Samples
The "LNG Measurement and Tests" clause defines the procedures and standards for measuring the quantity and quality of liquefied natural gas (LNG) delivered under a contract. It typically outlines the equipment to be used, the methods for sampling and analyzing LNG, and the frequency and responsibility for conducting such tests. For example, it may specify that both parties agree on certified measurement devices and independent laboratories for quality verification. This clause ensures that both buyer and seller have a clear, agreed-upon process for verifying LNG deliveries, thereby minimizing disputes and ensuring fair transactions.
LNG Measurement and Tests. LNG loaded by the Transporter, and Gas used as fuel by the Transporter, at the Loading Port pursuant to this Agreement shall be measured and tested in accordance with Exhibit A.