Janny Gandhi is an associate in the Energy, Infrastructure, Project and Asset Finance group in the Firm's Houston office. Her practice broadly focuses on structured transactions in the energy industry, including project development, project finance, and sale and purchase agreements across the upstream, midstream and downstream oil and gas sector, and the petrochemicals sector. Her practice also specifically focuses in the LNG sector, including with LNG liquefaction projects, tolling arrangements, LNG sale and purchase agreements, and LNG-to-power projects.
Representation of Noble Energy on a major LNG sale and purchase agreement. The LNG to be sold by Noble to Gunvor Singapore Pte will be sourced from gas produced at the Alen Gas Field in Equatorial Guinea and is the first ever LNG to be sold through a "back-fill" or tolling of gas through an existing LNG Plant.
Representation of The Bank of Nova Scotia, National Bank Financial Markets, Royal Bank of Canada, National Bank of Kuwait S.A.K.P. and Export Development Canada as mandated lead arrangers in a US$1.7 billion amortizing senior secured term facility and a US$150 million senior secured revolving facility to finance the development and construction by Canada Kuwait Petrochemical Ltd. Partnership of a new integrated petrochemicals facility and associated infrastructure and utilities to be located in Sturgeon County in the Province of Alberta, Canada.
Representation of Invenergy and its project subsidiary Energia del Pacifico (EDP) on the development and project financing of the 378 MW liquefied natural gas (LNG)-to-power infrastructure project at the Port of Acajutla in the Department of Sonsonate in El Salvador. In addition to the thermal power plant, project components include a marine terminal, consisting of a floating storage and regasification unit (FSRU) permanently moored through a modified spread mooring system for liquefied natural gas (LNG) delivery, storage and regasification, as well as a long-term LNG supply contract for the FSRU. The project also includes a natural gas pipeline that will run from the FSRU to the power plant and the construction of a 44-km, 230-kilovolt transmission line and related substations to connect the power plant to the electrical grid of El Salvador. The project will require an investment of approximately US$1 billion. It will be the largest foreign direct investment in El Salvador to date.
Representation of a consortium composed of Brookfield Infrastructure and its institutional partners and GIC on the US$8.4 billion acquisition of Genesee & Wyoming Inc.
Representation of Noble Energy on the implementation of the Alen gas monetization project in Equatorial Guinea including upstream development, access to natural gas processing and liquefaction services and LNG sales.
Representation of Delek Group in its acquisition of a 22.45% working interest in the Caesar Tonga field in the Gulf of Mexico from Shell for US$965 million, and a long-term purchase agreement with Shell Trading (US) Company for the produced oil.
Representation of Delek GOM Investments, LLC as lender in connection with a term loan to GulfSlope Energy, Inc.
Representation of a private equity sponsored holding company as borrower in connection with its $75 million revolving credit facility.
Representation of Deutsche Bank in connection with $650 million term loan to Salt Creek Midstream for development and expansion in the Delaware Basin.
"Private Equity in Upstream Oil & Gas Transactions: The Evolution of Purchase and Sale Agreements," Chapter 7, Seventieth Annual Institute on Oil & Gas Law