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RCED-83-5 1 (1983-02-22)

handle is hein.gao/gaobabdwz0001 and id is 1 raw text is: 


                                                   IaQO 703,

REPORT BY THE


Comptroller General


OF THE UNITED STATES


Information On Contracts Between

Natural Gas Producers And Pipeline Companies




Under the Natural Gas Policy Act of 1978,
price controls are scheduled to expire in
1985 for as much as half of the domestic gas
supply. At that time, the provisions of existing
natural gas contracts between producers
and pipeline companies will determine the
price to be paid for natural gas at the
wellhead, and therefore by the consumer.

This report discusses

  --the characteristics of these contracts,

  --how and why certain contract provi-
  sions became prevalent,

  --the possible impact of contract pro-
  visions on the natural gas market under
  partial or total decontrol, and

  --the proposals which have been made
  to address perceived contract problems.






        IPJJJ 11111                                        111111

                                                        120703



 <4                                                     GAO/RCED-83-5

   IOCO ! ]-'                                          FEBRUARY 22,1983


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