Asia Chapter Event: "From Negotiations to Arbitrations: Strategic Considerations for Asian LNG Price Reviews"
6:30 - 8:30 p.m. Wednesday, September 14, 2022
King & Spalding | 1 Raffles Quay #31-01 North Tower, Singapore 048583
Nick Fulford, Head of Gas and LNG, Gaffney Cline, Singapore
Anisha Sud, Partner, King & Spalding
Mark Mangan, Partner, Dechert
Alexis Aik, MD, Facts Global Energy
Moderator: Aras Berenjforoush, Senior Counsel, BP Singapore
In this interactive discussion, panel members comprising of energy consultants and energy lawyers experienced in Asian LNG price reviews will share lessons-learned, pitfalls to avoid, and best practices with respect to the full spectrum of Asian LNG price reviews—from preparing for and conducting price review negotiations to securing a revised price in arbitration. The panel’s own “review” of the landscape will encompass the evolution in Asian LNG price review clauses, including the “comparable contracts” approach common in Asian LNG contracts, data and confidentiality considerations, permissibility of adjustments to benchmark pricing, and the relevance of spot pricing. Potential admissibility and jurisdiction objections will be explored. There will also be a brief word on Res Judicata for those contracts experiencing multiple price reviews. While no two price reviews are ever the same, this panel aims to provide practical, on-the-ground tips to assist both LNG sellers and buyers in successfully resolving their ongoing and upcoming price reviews in an era of volatile LNG pricing.
This event is complimentary for members and $25 non-members. Register today at the link on the right of your screen.
Special thanks to event sponsor:
Please note the following COVID precautions:
Masks should be worn at all times in indoor settings unless currently eating/drinking. K&S Singapore requires for all visitors to self-certify that they have read and are following our visitor health requirements and declarations when they enter our office premises. A health declaration will be emailed to all physical attendees the day before the event (13 September) for their information.