This intensive course will fully prepare you tonegotiate the best deal by understanding the complex processes andterms involved in Gas and LNG Contracts. You will return to work withtechniques and knowledge to
Minimise  risk and draft robust contracts 

The course is interactiveand includes practical exercises, real life case studies and draftcontracts to facilitate learning.

• HOST COUNTRY ISSUES: COMMON TERMS AND MEASUREMENTS
• HISTORY, DEMAND, RESERVES AND TRADING
• INDUSTRY UPDATE
• TYPES OF HOST GOVERNMENT CONTRACTS
• ISSUES IN HOST GOVERNMENT CONTRACTS
• PRODUCTION SHARING CONTRACTS: (EPSA, DPSA, DFA)
• JOINT VENTURE AGREEMENT
• SIMULATION EXERCISE: SELECTING THE MOST APPROPRIATE AGREEMENT
• SALE AGREEMENT FOR GAS AND LNG: GSA AND SPA
• ESSENTIALS OF NEGOTIATION
• KEY FACTORS IN CONTRACT NEGOTIATION
• SIMULATION EXERCISE: NEGOTIATING AND DRAFTING AN “SPA”
• PROJECT FINANCE
• THE ENGINEERING, PROCUREMENT AND CONSTRUCTION CONTRACT (EPC)
• SHIPPING ISSUES AND TIME CHARTER PARTY AGREEMENTS
• FLOATING LNG
• CASE STUDY: The Panama canal expansion project
• THE TERMINAL USE AGREEMENT
• RECEIVING TERMINALS (ANNUAL CAPACITY CHARGE)
• LNG PROJECT STRUCTURING

All professionalsinvolved in natural gas and LNG who wish to gain an effectiveunderstanding of the main aspects of contracts. This includes:

• Legal counsels and lawyers
• Negotiators
• Contract analysts
• Commercial managers
• Business development managers
• Planning managers
• Marketing managers
• Energy buyers & sellers
• Government officials

• Understand the commercial and legal features of Gas and LNG Contracts
• Learn and practice how to draft and negotiate the best value from key contracts such as the LNG Sale and Purchase Agreement (SPA)
• Identify and Minimise the risk involved in Gas and LNG Contracts
• Overcome the complexities and develop the skills to draft and negotiate the ideal SPA.