Natural Gas Development: Contract & Legal Consideration
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Natural Gas Development: Contract & Legal Consideration
Natural Gas Development: Contract & Legal Consideration
14 -
18
Jul
2024
Barcelona,
Spain
What are the Goals?
At the end of this Natural Gas Development training course, the participants will learn to:
- Formation of relevant contracts, remedies, and terminations
- Key industry players and the commercial realities of the business, including contractual parameters
- A practitioner’s insight into common contractual pitfalls in key gas contracts
- Negotiate gas contracts profitably, with a clear understanding of insurance provisions, liability, and indemnity clauses
- Enhance the ability to draft and negotiate force majeure clauses
- Draft and apply effective dispute resolution clause in gas contracts
Who is this Training Course for?
This Natural Gas Development training course is suitable for a wide range of professionals but will greatly benefit:
- Senior and Middle-Level Commercial Managers
- Commercial Lawyers
- Risk Managers
- Energy Purchasing Managers
- Strategy Managers
- Pipeline Marketing Managers
- Operations Managers
- Project Managers
- Senior Government Officials and Regulators
Daily Agenda
Day One: Dynamics of Gas Business and English Contracts
- Introduction to Gas (Petroleum) Contracts
- Key Terms and Definitions
- Downstream
- Midstream
- Upstream
- General principles of oil and gas contract law
- Key players in the international oil and gas industry
- Understanding Contracts
- Contracts Formation & Interpretation of Contract Terms
- Contracts Workshop
Day Two: Contracting and Commercial Realities of the Gas Business
- Remedies for Breach of Contract
- Contract termination internationally and in English law
- Principal standard form contracts used in the industry
- LOGIC / CRINE
- BIMCO
- AIEN
- The key legal contractual risk management issues
- Contracts for downstream activities
- The Contractual Process
- Commercial Realities of Gas Contracts
- Drafts and Drafting Tips
- LNG Sales Contracts
Day Three: Essentials of Negotiating Gas Contracts
- Enforcement of Gas Contracts
- Fundamental Legal Principles of Gas Contracts
- Cultural and Language Issues
- Global gas market
- Structuring an LNG Project and Government Role
- Capacity Building and Local Content
- LNG Development Environment
- PSC v. Licenses
- Workshop: How to negotiate petroleum contracts profitably?
Day Four: Gas Sales and Purchase Agreements: Liabilities and Legal Principles
- Domestic Gas Sales Agreement
- LNG Sale and Purchase Agreement
- Risk Management and LNG Business: Types of Risks and Steps to Mitigate?
- Transportation and Processing Agreement (TPA)
- International Practices and Model Contracts
- Liability Clauses
- Contractual Indemnity
- Insurance Provisions
- Force Majeure in Gas Sales Contracts
- Termination and Tax
Day Five: Dispute Resolutions of Gas Contracts
- Tiered Dispute Resolution Mechanisms
- Formal Dispute Resolution in Gas Contracts
- Preventing costly litigation through effective use of ADR option
- Types of dispute resolution vehicles
- Assessing Litigation vs. Arbitration Options
- Mediation Considerations
- Considerations for selecting effective mediators and Arbitrators
- Selecting arbitration and mediation rules of procedure
- Drafting effective dispute resolution clause
- Contract Review, Evaluation, and Lesson Learned
- Overview and Conclusion
Tickets
Registrations are closed
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