deregulation clauseglossary / DEREGULATION CLAUSE deregulation clause. Oil & gas. A gas-contract provision specifying how the price of gas will be calculated and what the buyer’s and seller’s obligations will be if regulated natural gas becomes deregulated. 词条贡献者 双语律师Pablo,国际知名法学院法律专业,擅长翻译涉及高端品牌及消费品领域的法律文件。