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United States · Bill · HR

H.R. 5176 (100th)

Natural Gas Contract Renegotiation Act of 1988

referredUnited States· United States Congress· EN

Introduced

8 August 1988

Last action

Status

Referred to Subcommittee on Energy and Power.

Sponsors

Subjects

Discovery layer

Source updated

28 August 2025

Summary

Natural Gas Contract Renegotiation Act of 1988 - Requires the parties to certain natural gas purchase contracts to renegotiate such contracts to provide for a price level acceptable to both of them if the purchaser gives written notice to the producer that renegotiation is desired because the contracted sales price exceeds the current ceiling price allowable under the Natural Gas Policy Act of 1978. Provides for termination of such a contract if its amendment under this Act is not executed within 90 days after the producer receives such notice (or after any other agreed upon date).

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1 official file

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