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Gilbert,国际知名法学院法律翻译专业,擅长翻译各类与复杂知识产权诉讼相关的法律文件。