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In the scenario where a gas company and a real estate developer have a contract for gas supply to a housing project, and the gas company sends a letter indicating it will not perform, the developer's rights and remedies under common law are as follows: The developer may sue for breach of contract, seeking damages for any losses incurred due to the gas company's failure to perform. The developer could also potentially seek specific performance if the contract's terms are clear and the gas supply is unique. Additionally, the developer might consider any reliance damages incurred while preparing for the gas provision. Overall, the developer has options to pursue legal remedies for the gas company's repudiation.