What costs are relevant to determine marketing fee?
– Marketing A broker arranged an export arrangement for the sale of natural gas with a fee payable based of the price received at the delivery point. A dispute arose whether the value of fuel gas supplied or purchased to transport the gas from the field to the international delivery point was deductible in calculating the amount on which the fee was payable. The parties submitted the matter to arbitration and asked the arbitrator to make a decision with reasons that either included or excluded the transportation costs. After a preliminary meeting, documents only were submitted to have the matter resolved – by arbitration.
Related Questions
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