Course in Gas & LNG Contracts Negotiation

This course has been carefully designed to equip professionals in the energy sector with the skills and knowledge necessary to excel in Gas & LNG Contracts Negotiation. The objectives are:

• To provide an understanding of the LNG contracts landscape, from long-term agreements to spot transactions, with a particular focus on key contractual terms and energy law implications.
• To impart effective negotiation strategies that ensure favourable price determination in fluctuating markets, while maintaining compliance with industry standards in offshore gas contracts and hydrocarbon contracts.
• To enable participants to manage contract risks through force majeure clauses, contract amendments, and dispute resolution mechanisms.
• To strengthen the capacity to handle complex agreements, including joint ventures in LNG and cross-border LNG transactions, ensuring legal and commercial alignment with regulatory compliance requirements.

Target Audience

This course is designed for professionals in the gas industry and energy sector who are involved in or preparing for Gas & LNG Contracts Negotiation. Ideal candidates include:

• Contract Managers and Negotiators within the LNG and oil and gas industries, aiming to deepen their expertise in energy agreements.
• Legal Counsels specialising in energy law and seeking to gain a detailed understanding of LNG pricing mechanisms, fidic contracts, and dispute resolution strategies.
• Risk Managers responsible for the assessment and mitigation of risks associated with offshore gas contracts and cross-border LNG transactions.
• Energy Traders and Procurement Professionals interested in mastering supply and demand negotiations for Liquefied Natural Gas and learning how to structure long-term LNG agreements.
• Policy Makers and Regulators who oversee regulatory compliance in the gas industry and wish to understand the contractual requirements influencing LNG export/import agreements and hydrocarbon contracts.

Introduction to Gas & LNG Contracts

• Overview of LNG contracts and their significance in the global energy sector.
• Types of energy agreements: short-term, long-term, and spot contracts.
• Key differences between gas industry and hydrocarbon contracts.

Fundamentals of Contractual Terms and Energy Law

• Essential contractual terms in Gas & LNG Contracts Negotiation.
• Overview of energy law and its implications on LNG contracts.
• Use of fidic contracts in offshore gas contracts and the regulatory landscape.

Price Determination and LNG Pricing Mechanisms

• Mechanisms for price determination in LNG contracts.
• Impact of global supply and demand negotiations on LNG pricing.
• Adapting to changes in LNG pricing mechanisms to secure profitable agreements.

Advanced Negotiation Strategies

• Effective negotiation strategies for securing optimal terms in LNG export/import agreements.
• Dealing with cross-border LNG transactions and ensuring alignment with international standards.
• Strategies for successful oil and gas negotiation within a competitive marketplace.

Risk Management and Contract Amendments

• Techniques for assessing and managing risk in energy sector contracts.
• Integrating force majeure clauses and ensuring flexible contract amendments.
• Risk mitigation in joint ventures in LNG and cross-border transactions.

Long-Term LNG Agreements and Supply Contracts

• Structuring long-term LNG agreements to align with market dynamics.
• Key factors influencing LNG export/import agreements.
• Mitigating the impact of price volatility and ensuring sustainable supply terms.

Dispute Resolution and Compliance Management

• Overview of dispute resolution in LNG: mediation, arbitration, and litigation.
• Ensuring regulatory compliance within gas industry and energy trading practices.
• Case studies on managing disputes in hydrocarbon contracts and LNG transactions.