White & Case
 
Philip Stopford
Partner
London

T: + 44 20 7532 2300
T: + 44 7785 232 228 (mobile)
F: + 44 20 7532 1001
E:
Practice Experience
Philip Stopford is head of the EMEA Energy, Infrastructure, Project and Asset Finance Group and is based in the London office. He has more than 30 years' experience in international projects, including preparation of concession agreements, tender documents, construction, finance and security documents and other contract drafting and negotiation.

Philip has represented developers, contractors and lenders in a number of project financings involving LNG plants, upstream and downstream oil and gas facilities, refineries, mining & metals. motorways and power facilities and under a number of different structures, including BOT, BOO, trustee borrowings and other limited recourse.

Philip has substantial experience in representing parties in international commercial transactions including the establishment of joint ventures for lube oil manufacturing facilities in the Middle East; domestic investors in Indonesia in connection with licensing and distribution agreements with US manufacturers and the establishment of joint ventures for the production of industrial gases in Indonesia.

Representative experience includes:
  • Advising Vale and CFM regarding the financing of the Nacala Project, which includes (i) the construction of a new 201 km long rail line to connect Moatize mine in Tete to the existing railway line in Malawi at Nkaya Junction (ii) the rehabilitation of the existing line in the Malawi rail network and in Mozambique between Nkaya and Monapo, for an approximate length of 682km; (iii) the construction of a new branch line of 29km length which will connect the existing railway line and the port; and (iv) the construction of a new coal port terminal in Nacala-à-Velha;
  • Advising the sponsors in connection with the US$10.3 billion Barzan gas project to be located in Ras Laffan Industrial City in Qatar;
  • Advising Saudi Arabian Oil Company (Saudi Aramco) with respect to its joint venture with The Dow Chemical Company to build and operate a US$20 billion world-scale integrated chemicals complex in Jubail Industrial City, Saudi Arabia;
  • Advising the joint venture project company, Nord Stream AG, and the sponsors in connection with the €9 billion development and financing of the Nord Stream pipeline project;
  • Advising the sponsors in connection with the financing of the US$4 billion alumina refinery project in the Republic of Guinea;
  • Advising Santos Limited in the US$1.2 billion arrangement of ECA supported senior debt facilities on a corporate finance basis with respect to the Gladstone LNG project in Queensland, Australia;
  • Advising the sponsors in connection with the development and financing of a US$4 billion petrochemical facility in Kazakhstan;
  • Advising Ivanplats on its US$280 million sale of a stake in its Platreef Project - a platinumnickel-palladium-gold-copper-rhodium project located in South Africa, to ITOCHU Corporation;
  • Advising Tahrir Petrochemicals Company in connection with the development and financing of a US$3.5 billion petrochemical complex in Egypt;
  • Advising Egypt Hydrocarbons Company in connection with the development and financing of a US$350 million nitric acid and ammonium nitrate complex in the Suez region of Egypt;
  • Advising Qatar Petroleum and Hydro Aluminium AS in connection with the development and financing of a world-class aluminium smelter with initial capacity of 585,000 metric tonnes of primary aluminium per year located in the Messaieed Industrial Area, south of Doha, Qatar;
  • Advising the sponsors, Qatar Petroleum and Shell, in connection with the US$6 billion Qatargas 4 LNG project financing in Qatar;
  • Advising the sponsors, Qatar Petroleum and ConocoPhillips, in connection with the US$5.8 billion Qatargas 3 LNG project financing in Qatar;
  • Advising the sponsors, Qatar Petroleum and ExxonMobil Qatargas Inc., in connection with the US$11.2 billion Qatargas 2 LNG project financing in Qatar;
  • Advising the sponsors in connection with the €1.1 billion financing for the construction of a nitrogen-based fertiliser plant in Algeria;
  • Advising the bank lending group financing the upstream project on a limited recourse basis of the Qatargas 1 LNG project in Qatar;
  • Advising EBIC in connection with the development and financing of a US$609 million project to produce 2,000 metric tons per day of anhydrous ammonia from natural gas feedstock at the Suez Industrial Area on the Gulf of Suez in Egypt;
  • Advising the sponsors and the project company on the US$1.03 billion refinancing on a project financing basis of current indebtedness of SEGAS, the owner of a Damietta LNG plant in Egypt;
  • Advising the project company and the sponsors in connection with the project financing of the Brass LNG project in Nigeria; and
  • Advising the international and Nigerian arrangers in connection with the US$1.06 billion project financing for the expansion of the Nigerian LNG plant in Nigeria;

Bars and Courts
District of Columbia Bar, 1980
New York State Bar, 1981
Solicitor of England and Wales, 1993

Education
LLM, University of Virginia School of Law, 1978
LLB, Brunel University, with Honours, 1977

Publications
Project Financing in the Hydrocarbons Industry, Hydrocarbon Engineering, June 2002

Citizenship
British