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Get the free FLARE GAS GENERATION AGREEMENT NOTE - SaskPower

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FLARE GAS GENERATION AGREEMENT Effective Date: Month Day, Year NOTE: To complete the Effective Date insert the Month Day, Year and this Note should be deleted. BETWEEN: SASKATCHEWAN POWER CORPORATION,
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How to fill out flare gas generation agreement

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To fill out a flare gas generation agreement, follow these steps:

01
Begin by identifying the parties involved in the agreement. This includes the company or individual who will be generating the flare gas and the party who will be purchasing or utilizing the gas.
02
Clearly outline the scope and purpose of the agreement. Specify the volume or quantity of flare gas that will be generated and how it will be utilized or distributed.
03
Include terms and conditions regarding the operation and maintenance of the flare gas generation facility. This may involve detailing any necessary permits, certifications, or compliance requirements.
04
Define the pricing and payment terms associated with the flare gas. Specify the price per unit of gas, frequency of invoicing, and the method of payment.
05
Address any legal or environmental considerations related to flare gas generation. Include clauses that comply with applicable laws and regulations, as well as provisions for indemnification and liability.
06
Include provisions for dispute resolution and termination of the agreement. Specify the procedures for resolving any conflicts that may arise and outline the conditions under which the agreement can be terminated.
07
Review and finalize the agreement. Ensure that all parties involved have thoroughly reviewed the document and are in agreement with its terms and conditions.
Regarding who needs a flare gas generation agreement, it is typically required when a company or individual is generating flare gas as a byproduct of their operations and wishes to sell or utilize this gas. The agreement provides a legal framework for the transaction, ensuring that both parties understand their rights and obligations regarding the flare gas generation and its usage.
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A flare gas generation agreement is a contract between parties to manage the generation of flare gas during oil and gas operations.
Operators of oil and gas facilities are required to file flare gas generation agreements.
The agreement must be filled out with detailed information on the parties involved, the terms of managing flare gas, and any reporting requirements.
The purpose of the flare gas generation agreement is to minimize the flaring of gas and promote the efficient use of natural resources.
Information such as the amount of gas flared, the methods used to minimize flaring, and any agreements for capturing and utilizing flare gas must be reported.
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