About this Training Course
Natural gas has become the ‘fuel-of-choice’ in many energy markets due to its availability of supply and transportation via pipeline or liquefaction as LNG. A series of contracts links each stage of the gas industry from field production to the ultimate delivery point. An understanding of the provisions in these contracts is essential to those who intend to create a career in this industry.
This 3-day course addresses the various transactional and legal issues along the value chain for natural gas and LNG, including production, processing, delivery and storage. Particular attention is given to current trends in pricing mechanisms, cost reduction strategies, revisions to supply and transportation contracts.
After the completion of this 3-day session, participants will be able to:
- Analyse the commercial, operational and legal provisions in Gas and LNG supply contracts.
- Evaluate whether to use long-term supply or monthly delivery contracts.
- Create optimal value for Supplier and Purchaser in the sale and delivery of Gas and LNG.
- Apply strategies for and minimise the risks associated with Gas and LNG contracts.
- Resolve disputes between Suppliers and Purchasers.
This course will benefit professionals involved in managing the supply and purchase of natural gas including:
- Procurement staff
- Corporate Development personnel
- Governmental Relations executives
- Officials in state petroleum companies and Ministries of Energy and Finance
- Course material will be presented in both a lecture format and a handbook.
- Each topic begins with a statement of the intended Learning Outcome.
- Power point slides, which coincide with the text of the handbook, will be used to focus on the key features of each topic.
These materials will provide participants with a useful resource for future reference for a better understanding of the course material. The course leader also encourages questions and feedback from participants during the topical presentations.
At the end of each Section, participants will be asked to apply the information presented to a Case Study that is intended to reflect situations that are commonly encountered in the natural gas industry.
The analysis of each Case Study is aided by the use of Contract Checklists as a means of understanding whether the terms involve commercial, operational or legal issues for the relevant agreement. Participants are then expected to describe how they would approach the management or resolution of the situation by applying the instructional material.
Your expert course leader is an international legal expert in petroleum law who is based in Scotland. He received the degrees of Juris Doctor from the University of Wyoming and LLM-Energy Law from the University of Utah. He has been listed in the Guide to the World’s Leading Energy and Natural Resources Lawyers. In over 30 years of practice, he has been chief legal officer in petroleum companies, consultant to development banks and aid programmes, and law professor.
His private sector experience included positions as General Counsel of the Petroleum Corporation of New Zealand and Chief Legal Officer for Sinclair Oil Corporation in the United States. He has been a consultant to the Asian Development Bank, The World Bank and the European Investment Bank on petroleum sector policy, gas sales agreements, and production sharing contracts. This has included assignments in Cambodia, Bangladesh, India, Indonesia, Laos, Pakistan, Papua New Guinea, Philippines, and Vietnam.
Your expert course leader has been an adviser and trainer on negotiations for various petroleum companies including BP, BG Group, Gazprom, KazMunayGas, Perushaan Gas Negera, Pertamina, PETRONAS, Philippine National Oil Corporation, Total, Shell and Statoil. He was appointed by Economic Community of West African States (ECOWAS) as the lead negotiator on behalf of four West African governments for the West African Gas Pipeline Project.
His academic credentials include an appointment as Distinguished Visiting Professor for Oil & Gas Law at the University of Wyoming. He is currently Honourary Professor for International Petroleum Law at the University of Dundee Centre for Energy, Petroleum & Mineral Law and Policy. At CEPMLP, he has been the Course Director and principal instructor for seminars on Petroleum Industry Negotiations, Petroleum Service Contracts, Gas Industry Contracts, and Downstream Petroleum Law. He is the course author of International Comparative Petroleum Law. His publications include A Framework for Negotiating and Documenting International Petroleum Transactions and A Framework for Negotiating and Managing Production Sharing Contracts and Related Agreements.
His academic work has been published in the Land and Water Law Review, Tulsa Law Journal and Journal of Comparative and International Law.