Asia Chapter Event: "From Negotiations to Arbitrations: Strategic Considerations for Asian LNG Price Reviews"

Nick Fulford originally hails from the UK where he honed his expertise with British Gas, Centrica and Direct Energy prior to joining GaffneyCline in 2013.  During his four decades in the gas industry he has been heavily involved in gas contract development, and was instrumental in the restructuring of the gas and power sector and wholesale market development in the UK in the 1990’s.  Following those major changes in the market he led a number of renegotiations related to British Gas’ long term contracts, including those related to British Gas’ substantial take or pay liabilities.  He is regularly called upon by governments, regulators, IOC’s and NOC’s for input into forecasts, arbitrations, disputes and contract price negotiations. Nick is a recognised expert in gas and LNG project development globally.

 Nick has worked closely with legal counsel throughout his career, and has contributed to a number of books aimed at the legal profession, including a comprehensive reference on the law and business of LNG, as well as another focused on the impact of Shale gas on global pricing.

Anisha Sud is an international energy disputes partner at King & Spalding in Singapore.  She focuses on international arbitration of commercial and investment disputes involving long-term foreign investments, multi-party joint ventures, and government entities.  She has particular experience in disputes involving LNG SPAs, and is involved in a number of LNG price review negotiations and arbitrations.  Anisha and her team recently won a US$ 100 million award on behalf of a consortium of sellers in a Singapore-seated Asian LNG price review arbitration, one of the first of its kind in the region.

Alexis Aik is Managing Director of FGE Singapore (Asian Headquarters) and Managing Director of the group's gas/LNG research and consulting practice. She sits on both the Executive Committee and Board of FGE with more than 15 years of experience in oil/gas consultancy with FGE.  Alexis has led consulting work for both buyers and sellers from the formulation of strategies for procurement/sales, supporting negotiations to the conclusion of HOA/SPA stages, and price review related work. She has worked with numerous International Oil and Gas Companies (IOCs), state-owned gas companies, power companies, and Government Organizations across Asia, the Middle East, Europe, and North America.

Mark Mangan leads Dechert LLP’s Asian arbitration practice and has appeared as counsel or arbitrator in over 75 arbitrations, arising all around the world. In particular, Mark has handled oil and gas disputes valued in the billions of dollars, including lead counsel in the first two LNG price review arbitrations involving Japanese buyers.  Chambers (2022) notes that Mark is ‘an extremely sharp and commercially minded lawyer who has excellent judgement and is very knowledgeable on Asian oil and gas disputes.’ Mark’s publishing credits include A Guide to the SIAC Arbitration Rules (Oxford University Press) and A Guide to Investment Treaty Protection and Enforcement (Global Arbitration Review).

Aras Berenjforoush is a senior counsel with BP in Singapore supporting the company’s LNG trading business, and LNG import/export projects in Asia and the Middle East.  Prior to joining BP, he was a senior attorney with an international firm in Hong Kong representing developers/project sponsors, construction companies, financial institutions, and major energy and utility companies on major transactions relating to energy and infrastructure.   Aras has worked on projects related to oil and gas, LNG, petrochemical, telecommunication, transportation, power, water, and social infrastructure industries in more than 30 countries, including on a number of groundbreaking oil and gas and power projects.  He has a BA/LLB from the University of Sydney, and an LLM from the Columbia University, where he was a Harlan Fiske Stone Scholar.