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Petroleum Product Supply Agreement
"I need a Petroleum Product Supply Agreement for my mining company in Western Australia to purchase diesel fuel in bulk quantities (minimum 500,000 liters monthly) from a major supplier, with delivery to three remote mining sites starting March 2025."
1. Parties: Identification of supplier and purchaser with full legal details
2. Background: Context of the agreement including supplier's business, purchaser's requirements, and intended commercial relationship
3. Definitions: Defined terms used throughout the agreement including technical terms, product descriptions, and industry-specific terminology
4. Supply Obligations: Core obligations of supplier to provide products and purchaser to accept/purchase them
5. Product Specifications: Detailed requirements for product quality, grade, and compliance with standards
6. Ordering and Forecasting: Procedures for placing orders and providing demand forecasts
7. Delivery and Title: Terms for delivery, transfer of risk and title, acceptance procedures
8. Price and Payment: Pricing structure, payment terms, invoicing requirements, and price adjustment mechanisms
9. Quality Control: Testing procedures, quality assurance measures, and non-conformance handling
10. Compliance and Safety: Requirements for regulatory compliance, safety procedures, and environmental protection
11. Term and Termination: Duration of agreement, renewal provisions, and termination rights
12. Liability and Insurance: Risk allocation, liability limitations, and insurance requirements
13. Force Majeure: Events excusing performance and procedures for handling force majeure situations
14. Confidentiality: Protection of confidential information and trade secrets
15. General Provisions: Standard boilerplate clauses including notices, governing law, and dispute resolution
1. Exclusivity: Used when supplier is granted exclusive rights or purchaser commits to exclusive purchase arrangements
2. Minimum Purchase Commitment: Include when purchaser agrees to minimum volume commitments
3. Storage Requirements: Required when specific storage facilities or conditions must be maintained
4. Branding and Marketing: Include for arrangements involving branded products or marketing requirements
5. Credit Support: Used when financial security or parent company guarantees are required
6. Terminal Access: Include when purchaser requires access to supplier's terminal facilities
7. Environmental Management: Detailed environmental procedures when operations involve significant environmental risks
8. Emergency Response: Include detailed emergency procedures for high-risk operations
9. Training Requirements: Used when specific staff training or certification is required
1. Product Specifications Schedule: Detailed technical specifications for each product type
2. Pricing Schedule: Detailed pricing formulas, base prices, and adjustment mechanisms
3. Delivery Locations Schedule: List of approved delivery points and specific requirements for each
4. Quality Testing Procedures: Detailed procedures for sampling, testing, and quality verification
5. Safety Procedures: Detailed safety protocols and emergency response procedures
6. KPIs and Performance Standards: Specific performance metrics and measurement criteria
7. Credit Support Requirements: Details of required guarantees, bonds, or other financial security
8. Terminal Operating Procedures: Procedures for terminal access and operation if applicable
9. Insurance Requirements: Detailed insurance specifications and minimum coverage requirements
Authors
Oil & Gas
Energy
Mining
Transportation & Logistics
Agriculture
Manufacturing
Aviation
Marine
Power Generation
Retail Fuel Distribution
Industrial Operations
Construction
Legal
Procurement
Commercial
Operations
Supply Chain
Risk & Compliance
Health Safety & Environment
Quality Assurance
Logistics
Business Development
Contract Administration
Commercial Manager
Procurement Manager
Supply Chain Director
Operations Manager
Legal Counsel
Risk Manager
Compliance Officer
Business Development Manager
Contract Administrator
Logistics Manager
HSE Manager
Quality Assurance Manager
Trading Manager
Commercial Director
Chief Operating Officer
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