DATES: MAY 4-15, 2020    
         
VENUE: ILI Headquarters, Washington, D.C., USA      
       
TUITION: $4200    
       

 

 

 

 

 

COURSE LINKS: 

NATURAL GAS DEVELOPMENT: POLICY CONSIDERATIONS & BEST PRACTICES

NATURAL GAS DEVELOPMENT: CONTRACTS AND LEGAL CONSIDERATIONS

 

Overview

This seminar offers an exciting opportunity for personal and professional development, and consists of a combination of two courses: Natural Gas Development: Policy Considerations & Best Practices; and Natural Gas Development: Contracts and Legal Considerations. Participants in this course will receive two certificates indicating completion of each seminar. To see descriptions of the topical areas covered, please refer to the two descriptions above or in the ILI Brochure. In addition, the participants who enroll in this two week combination seminar will have more opportunities to network and can take part in the optional weekend sightseeing tour of Washington offered to participants who attend seminars lasting two weeks or longer at the ILI.

 

Course Advisors

Guly Sabahi is an independent legal adviser to companies and governments on energy projects (including upstream, gas processing and power projects) as well as on infrastructure projects – mainly, in the Middle East and Africa, and related JV transactions. Previously, Mrs. Sabahi practiced for 15 years in major international law firms in Washington, DC, including as Partner at Dentons. Mrs. Sabahi is Director and Vice President for Model Contracts at the Association of International Petroleum Negotiators (AIPN) in Houston, TX, where she leads the development of the next generation of model contracts for the industry. Mrs. Sabahi is trained in both civil law and common law jurisdictions, and is admitted to practice in the U.S. (District of Columbia and New York) and England and Wales.

Robert Lesnick is an Executive Advisor to businesses and governments seeking to develop projects which expand development and use of natural gas. Mr. Lesnick recently retired from the World Bank as its Oil and Gas Program Coordinator after a successful 30-year career in the private sector. He has extensive experience in the petroleum sector, including commodity trading, project development, and natural gas field operations. Robert has over 25 years of international experience as a manager and lead negotiator for the development of energy infrastructure projects. He has conducted business in more than 60 countries on 6 continents

James English is a Partner in the Houston, TX office of Lewis Brisbois, one of the ten largest law firms in the world with over 50 offices around the United States. Previously Mr. English worked for Anadarko Petroleum Corporation and has worked on natural gas projects on six continents. In Africa Mr. English has worked with both Mozambique LNG and gas sales/commercialization in West Africa. In Asia Mr. English is currently assisting a trading operation selling LNG on a spot basis into multiple receiving terminals in China. In North America he has worked on gas projects in the Permian, the DJ Basin, the Barnett, and Trinidad. Mr. English has also worked extensively on natural gas projects in Australia and New Zealand. He is currently a co-chair of the AIPN LNG SPA drafting committee and actively practices in the areas of upstream natural gas agreements, midstream agreements, natural gas marketing, and LNG marketing.

.

 

DATES: MAY 11 - 15, 2020    
         
VENUE: ILI Headquarters, Washington, D.C., USA      
       
TUITION: $2245    
       

 

 

 

 

 

Overview

Drafting contracts in the natural gas sector carries a complexity above and beyond what is normally found in conventional oil-based projects. The regional nature of the business and the need for infrastructure to get natural gas to market requires careful consideration of commercialization issues from the initial investment in the upstream and continuing until volumes are physically delivered to end users in the power industry.

This section of the seminar will examine contracts and legal structures necessary for each stage gate of natural gas development. Upstream contracts, host government instruments, and investment laws will be discussed, highlighting key natural gas provisions and drafting issues. A discussion of Midstream natural gas agreements will follow, covering processing, fractionation, transportation, and storage. A special session on LNG and FLNG will be included in the Midstream section and will include discussion of Downstream issues such as tolling and regas capacity. Finally, natural gas marketing will be reviewed, covering essential contracts for both short- and long-term sales situations. Material is delivered through a variety of methods including reference reading, in-class lectures, case studies, industry panels and, interactive group simulations and workshops.

Course Outline

• Natural Gas Value Chain
• Overview of Natural Gas Agreements
• Natural Gas Aspects of Upstream Agreements (Granting Instruments and JOAs)
• Special Provisions for Natural Gas Development in Investment Laws
• Midstream Agreements: Gathering & Processing, Gas Transportation, Fractionation, and Storage
• Joint Marketing and Separate Marketing of Natural Gas and LNG
• Marketing: NAESB, Gas Sales and Offtake, LNG MSAs, LNG SPAs, and Products Marketing
• Joint or Combined Stream Marketing of Natural Gas
• Separate Marketing of Natural Gas and Gas Balancing Agreements
• Cross-Border Gas Sales
• Pipeline Gas Sales Agreements
• LNG: Project Structuring, Pre-FEED, FEED, LNG vs FLNG, and LNG Gas Sales Agreements
• Downstream LNG Agreements: Tolling and Regasification Capacity


Course Advisor

Mrs. Guly Sabahi is an independent legal adviser to companies and governments on energy projects (including upstream, gas processing and power projects) as well as on infrastructure projects – mainly, in the Middle East and Africa, and related JV transactions. Previously, Mrs. Sabahi practiced for 15 years in major international law firms in Washington, DC, including as Partner at Dentons. Mrs. Sabahi is Director and Vice President for Model Contracts at the Association of International Petroleum Negotiators (AIPN) in Houston, TX, where she leads the development of the next generation of model contracts for the industry. Mrs. Sabahi is trained in both civil law and common law jurisdictions, and is admitted to practice in the U.S. (District of Columbia and New York) and England and Wales.

Mr. James English is a senior counsel at Clark Hill Strasburger, specializing in oil & gas industry commercial transactions, infrastructure projects, and acquisitions. His practice focuses on: International and U.S. upstream oil & gas transactions; International and U.S. natural gas/LNG infrastructure projects & marketing; U.S. midstream projects and commercial agreements;Mediation and regulatory advocacy of oil & gas industry disputes. Before joining Clark Hill Strasburger, James worked at Anadarko Petroleum Corporation. His responsibilities included deepwater transactions and new ventures in Asia Pacific, Africa, Australasia, Canada, and the Caribbean. While at Anadarko, James also worked extensively with natural gas commercialization and marketing projects in West Africa, East Africa, Central Asia, Trinidad, Australia, and New Zealand. James served on the board of the Association of International Petroleum Negotiators both an officer and a director and is currently a co-chair for the LNG SPA (long term) model contract drafting committee.

 

 

DATES: MAY 4 - 15, 2020    
         
VENUE: ILI Headquarters, Washington, D.C., USA      
       
TUITION: $4200    
       

 

 

 

 

Overview

This seminar explores key topics with respect to international borrowing and debt management. The goal is to assist policy makers and practitioners from emerging economies to plan for long term challenges in a fast changing international borrowing and debt management environment, but also to engage with immediate challenges. One focus is on the fundamentals, recent developments, current important issues and trends in the body of knowledge intersecting finance, borrowing, debt management and development. Another focus is to unlock and access commercial finance for development goals. The objective of the seminar overall is to assist policy makers and practitioners from emerging economies to develop skills and to better understand the financial elements of development initiatives through analysis and applications.

Course Outline

Financial Development and Economic Growth

  • Overview of the research
  • International market access
  • Debt management capacity
  • Developing local capital markets
  • Accountability and transparency
  • Government guarantees and contingent debt
  • Microfinance
  • Chinese Sovereign and SOE lending

 

Capital Flows and Development

  • Bond market development
  • Ratings and rating agencies
  • Country credit spreads
  • Exchange rate risk and management
  • Project Finance in Public-Private Partnerships
  • The market for project finance: Applications and sectors
  • Project characteristics and risk analysis
  • Designing projects and managing risk
  • Financing the deal

 

Innovative Financing Mechanisms for Economic Development

  • Private equity
  • Future-flow securitization
  • Impact-investment funds
  • Diaspora remittances

 

Negotiations

  • Negotiating techniques
  • Negotiating with international donor organizations
  • Debt restructuring
  • Role of outside advisors

 

Course Advisor

Professor Reid Click is an Associate Professor of International Business and International Affairs and Chair of the International Business Department at The George Washington University in Washington, DC. He received his Ph.D. in economics and international business from the University of Chicago. Prof. Click teaches courses in international financial management, international business strategy, and international economics. His academic research has been published in leading journals, and he has also been a consultant for several international organizations.

 

DATES: MAY 4 - 8, 2020    
         
VENUE: ILI Headquarters, Washington, D.C., USA      
       
TUITION: $2245    
       

 

 

 

 

 

Overview

Natural gas is among the fastest growing contributors to global energy demand, providing an affordable and cleaner alternative to conventional fossil fuels. However, in many countries natural gas is a very underutilized resource due to poor development and use policies; underdeveloped infrastructure and markets; and unsupportive legal and commercial frameworks.

This seminar examines issues using policy, regulatory and commercial lenses to provide a strategic level understanding of the natural gas value chain and the contributing factors for successful natural gas sector development. Material is delivered through a variety of methods including: reference reading, case studies, in-class lectures, industry panels and interactive group simulations and workshops.

Course Outline

• Natural Gas Role and Benefits in Meeting Global Primary Energy Demand
• Understanding the Natural Gas Value Chain
• Global Gas Markets and Trade
• Principle-Based Approach to Natural Gas Policy Formation
• The Role of the Public and Private Sector in the Development and Governance of the Sector
• Natural Gas Pricing Policy and Methodologies
• Natural Gas Revenue Management
• Commercial Aspects of Natural Gas Purchase and Sale, and Gas Transportation
• Geopolitics of Natural Gas
• Liquified Natural Gas (LNG): Critical Success Factors for Import and Export Projects


Course Advisors

Guly Sabahi is an independent legal adviser to companies and governments on energy projects (including upstream, gas processing and power projects) as well as on infrastructure projects – mainly, in the Middle East and Africa, and related JV transactions. Previously, Mrs. Sabahi practiced for 15 years in major international law firms in Washington, DC, including as Partner at Dentons. Mrs. Sabahi is Director and Vice President for Model Contracts at the Association of International Petroleum Negotiators (AIPN) in Houston, TX, where she leads the development of the next generation of model contracts for the industry. Mrs. Sabahi is trained in both civil law and common law jurisdictions, and is admitted to practice in the U.S. (District of Columbia and New York) and England and Wales.

Robert Lesnick is an Executive Advisor to businesses and governments seeking to develop projects which expand development and use of natural gas. Mr. Lesnick recently retired from the World Bank as its Oil and Gas Program Coordinator after a successful 30-year career in the private sector. He has extensive experience in the petroleum sector, including commodity trading, project development, and natural gas field operations. Robert has over 25 years of international experience as a manager and lead negotiator for the development of energy infrastructure projects. He has conducted business in more than 60 countries on 6 continents.

 

 

DATES: MAY 4 - 8, 2020    
         
VENUE: ILI Headquarters, Washington, D.C., USA      
       
TUITION: $2245    
       

 

 

 

 

Overview

This seminar comprises the first week of the “International Borrowing and Debt Management – Applications and Recent Developments” seminar and participants will be exposed to selected topics based on the Course Outline listed under the “International Borrowing and Debt Management – Applications and Recent Developments” seminar, depending on the final schedule, but topics could include:

Course Outline

Financial Development and Economic Growth

  • Overview of the research
  • International market access
  • Debt management capacity
  • Developing local capital markets
  • Accountability and transparency
  • Government guarantees and contingent debt
  • Microfinance
  • Chinese Sovereign and SOE lending

 

Capital Flows and Development

  • Bond market development
  • Ratings and rating agencies
  • Country credit spreads
  • Exchange rate risk and management
  • Project Finance in Public-Private Partnerships
  • The market for project finance: Applications and sectors
  • Project characteristics and risk analysis
  • Designing projects and managing risk
  • Financing the deal

 

Innovative Financing Mechanisms for Economic Development

  • Private equity
  • Future-flow securitization
  • Impact-investment funds
  • Diaspora remittances

 

Negotiations

  • Negotiating techniques
  • Negotiating with international donor organizations
  • Debt restructuring
  • Role of outside advisors

 

Course Advisor

Professor Reid Click is an Associate Professor of International Business and International Affairs and Chair of the International Business Department at The George Washington University in Washington, DC. He received his Ph.D. in economics and international business from the University of Chicago. Prof. Click teaches courses in international financial management, international business strategy, and international economics. His academic research has been published in leading journals, and he has also been a consultant for several international organizations.