Long-term agreements between gas producers and gas pipeline companies are an example of a strategic alliance.

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Long-term agreements between gas producers and gas pipeline companies involve a mutually beneficial partnership that aims to ensure a steady supply of gas by the producers and its transportation by the pipeline companies. This type of collaboration is a classic example of a strategic alliance, which is a cooperative arrangement between two or more firms that share their resources and capabilities to achieve a common goal or competitive advantage. Strategic alliances are often formed to overcome market barriers, reduce costs, increase efficiency, enhance innovation, and create synergies.

Long-Term Agreements Between Gas Producers and Gas Pipeline Companies Are