Asia Chapter Event "After Hormuz: Force Majeure, Pricing and Portfolio Resilience in Asian LNG"

Stephen Morrell, Founder, Kryos LNG Advisory
Global LNG leader and strategic advisor with extensive experience in enterprise-wide commercial capability development, multi-million-tonne portfolio management, LNG sales and price reviews, and market entry for major international projects.

Founded Kryos LNG Advisory to address the LNG industry’s evolving commercial and capability-development needs.

Former ExxonMobil LNG leader with 22 years of global energy experience across Asia, Europe, the US and the Middle East.

Deep expertise in LNG strategy, marketing, contracting, price reviews, commercial operations, business development and joint-venture governance.


Sharon Ong, SVP Legal, JERA Global Markets
Sharon Ong oversees the Legal, Compliance and Contracts function across JERAGM’s global operations.

She joined JERAGM in 2022 as Head of Legal & Compliance and has close to 20 years of legal experience, with strong focus in shipping and commodities. Prior to her current role, Sharon held senior positions at Macquarie Group, Rio Tinto, South32 and BHP.

She was instrumental in leading the demerger of the marketing function of BHP to South32 and since joining JERAGM, has assisted the company in navigating complex legal regulations.

Sharon read law at the London School of Economics (LL.B) and is admitted to the Singapore Bar.

 

Max Rockall, Partner, Squire Patton Boggs
Max Rockall is a member of the firm’s Global Management Board and leads the firm’s Asia Pacific Energy Disputes and LNG Practice.

He is described as an “excellent lawyer, expert of energy and a very diligent, capable and trustworthy leader”, an “energy arbitration expert”, an “energy industry specialist”, an “energy disputes expert”, “a top notch practitioner”, “very good”, “an emerging top lawyer in the LNG space”, “one of the most diligent and responsive lawyers I’ve ever met, with outstanding knowledge in the LNG field (as well as dispute resolution)”, and a lawyer who “can always be relied upon for his expertise and efficiency” with “great knowledge and experience”.

He is recognised as a Future Leader (Partners) in Who’s Who Legal: Arbitration (2024-2026), is listed in the 2026 Lawdragon 500 Leading Global Litigators and is recognised in the ALB Super 50 Disputes Lawyers in Asia 2026.

Max has 15 years of energy, gas and liquefied natural gas (LNG) experience. He is an energy specialist, strategist and arbitration hearing advocate, advising on an extensive book of cases, including (i) natural gas and LNG price renegotiations, arbitrations and expert determinations, (ii) missed cargo delivery disputes, (iii) force majeure claims, (iv) hardship issues, (v) cargo delays, shortfalls and contested diversions, (vi) disputed flexibility rights and valuations and (vii) issues of wilful misconduct, as well as interpreting liquidated damages and wilful default/misconduct provisions in gas and LNG contracts.

He is also a specialist in handling technical, pricing and operational LNG cross examinations at arbitration hearings. Chambers 2027 notes, “He's a very strong strategic thinker and an outstanding cross examiner” and “He conducted a perfect cross examination during the hearing.” Max is now a market leader in developing price review renegotiation strategies to assist gas and LNG companies in preparing for, and participating in, price review negotiations. He has advised on over 25 LNG price review matters with a specialist focus on Asian markets, working from London, Tokyo and Singapore.

Max is also the co-author of “The Evolution of Natural Gas Price Review Arbitrations”, The Guide to Energy Arbitrations (5th and 6th ed.), Global Arbitration Review, and also the co-author of “The Impact of Non-Price Provisions in Price Reviews”, Gas and LNG Price Arbitrations, 3rd ed., Globe Law and Business 2026. He is also a regular author and podcast contributor on energy trends and disputes with a particular focus on LNG contracts in the Asian gas markets, providing commentary and assessments in the LNG and global energy industry press.

He routinely advises energy companies and international corporations on new transactions, and contract portfolio reviews, providing advice on the impact of certain provisions and terminology in practice. Max is very experienced in developing sophisticated strategies on energy procurement for energy companies. He is also highly skilled in constructing strategies designed to win cases at hearings or to secure beneficial settlements on behalf of his clients.

He has considerable experience acting for international energy majors, power utilities, gas companies, traders, and state-owned companies in negotiations and arbitrations administered under the rules of all major institutions (ICC, UNCITRAL, HKIAC, LCIA and SIAC), under a broad range of applicable laws but specialising in English law matters.


Andrew Way, Partner, TWCOG
Andrew Way has over 20-years experience in the LNG industry across both Asia and Europe. Andrew’s expertise is focussed on LNG transactions and origination and he has held positions at both Gazprom Global LNG and Santos GLNG.

Andrew has extensive experience across the LNG value chain having worked on the commercial development of several LNG terminals, including Isle of Grain and Singapore LNG, as well as LNG trading experience with both Gazprom Global LNG and Santos GLNG. Andrew has experience of the LNG project development life cycle, having been involved in the successful FID and subsequent commercial operations of the Santos GLNG project. In addition, Andrew set-up the Australian domestic gas and power marketing business for Santos GLNG and has extensive knowledge of gas and power trading and commercial agreements.

Andrew specialises in delivering commercial and analytical projects for clients in disputes and arbitration and has been involved in over 30 arbitrations across Europe, Asia and the Middle East.


Paul Greening, Partner, Jones Day
Paul Greening advises on international energy, oil and gas, utilities, maritime law, and infrastructure projects across Asia, Africa, Latin America, North America, and the Middle East. Paul has an increasing focus on the energy transition and the role of hydrogen and carbon capture and storage as well as the decommissioning of offshore E&P (exploration and production) assets. He has substantial experience in the liquefied natural gas (LNG) sector, including natural gas and LNG sale and purchase agreements and LNG project development. Clients value Paul's hands-on approach and in-depth understanding of complex commercial and regulatory issues specific to the energy sector. He also handles cross-border energy-related mergers and acquisitions and divestitures.

Prior to joining Jones Day, Paul advised a range of clients, including private equity and fund investors, project sponsors/developers, and traders, on energy and infrastructure-related joint venture and project development and trading transactions across the full energy value chain. He recently advised on the establishment of a joint venture for the acquisition of upstream E&P assets across Southeast Asia; the development of LNG export projects in the United States, Africa, and Australia; long-term LNG offtake arrangements for IOCs (international oil companies); short-term LNG trading arrangements for Singapore-based traders; and hydrogen and ammonia export projects in Australia and North America. His experience also extends into financial restructuring matters in the shipping and offshore services and downstream petrochemicals sectors.

Paul is vice president-regions and a member of the Executive Committee of the Association of International Energy Negotiators (AIEN). He regularly speaks on energy industry trends and issues, with a particular focus on the role the oil and gas industry can play in driving the energy transition.