Foreign Experience of Applying the Principle of "Pump or Pay" in the Field of Pipeline Transportation

Foreign Experience of Applying the Principle of "Pump or Pay" in the Field of Pipeline Transportation

This article reveals the practice of "ship or pay" principle in the US, Canada and Europe. The authors analyze the practice of concluding contracts for oil and petroleum products transportation, procedures, terms and conditions stipulated in the contract. The "take or pay" princi...

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Bibliographic Details
Main Authors: V. I. Salygin, I. A. Guliyev, A. O. Khubaeva
Format: Article
Language:English
Published: MGIMO University Press 2015-08-01
Series:Vestnik MGIMO-Universiteta
Subjects:
transportation
oil
petroleum products
oil pipeline
petroleum products pipeline
Online Access:https://www.vestnik.mgimo.ru/jour/article/view/400

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