price renegotiation clauseglossary / PRICE-RENEGOTIATION CLAUSE price-renegotiation clause. Oil & gas. A provision in a gas contract allowing for price renegotiation from time to time or upon election of one of the parties. 词条贡献者 资深译员玉晶,毕业于国内顶尖的高级翻译学院,擅长翻译各类与环境、安全与健康相关的法律文件。