Transportation Agreement Uk

The Central Area Transmission System (known as CATS) is a natural gas transport and processing system that transports gas from the central North Sea to a processing terminal in Teesside. While traditional oil and gas companies did not see these assets in the past as separate profit centers, but as a way to monetize the hydrocarbons obtained, infrastructure funds and many other new entrants invested in them as profit centers. It can therefore be expected that infrastructure funds and many other new investors will analyse existing agreements to ensure that they are exploited in a way that maximises their return on this asset – creating potential for litigation – even if this does not correspond to the approach taken so far by the existing parties. .