Document background
Fuel Supply Agreements are essential commercial contracts used to establish long-term arrangements for the consistent supply of fuel products in Hong Kong. These agreements are particularly crucial for businesses requiring regular fuel supply for their operations, such as transportation companies, industrial facilities, or power generation plants. The document addresses key commercial and operational aspects while ensuring compliance with Hong Kong's regulatory framework, including the Dangerous Goods Ordinance, environmental protection laws, and safety standards. It typically includes detailed specifications for fuel quality, delivery mechanisms, pricing structures, and risk allocation between parties. The agreement is designed to provide certainty and protection for both suppliers and buyers while maintaining flexibility for market changes and operational requirements.
