Yuxi Wang is an associate in the Energy, Infrastructure, Project and Asset Finance (EIPAF) Group in the Firm's London office. She advises on domestic and international project development and finance in the energy sector and represents corporate clients and private equity funds in domestic and global mergers, acquisitions and equity investments in a broad range of industries.
Representation of Vitol Inc. in a liquefied natural gas sales and purchase agreement with Tellurian Inc. The SPA is for three million tonnes per annum on a free on board basis at Driftwood LNG for a 10 year period, indexed to a combination of two indices: the Japan Korea Marker and the Dutch Title Transfer Facility, each netted back for transportation charges. The agreement is valued at approximately US$12 billion in revenue over 10 years.
Representation of Occidental Petroleum Corp. (NYSE: OXY) in its US$508 million sale of non-strategic acreage in the Permian Basin to an affiliate of Colgate Energy Partners III, LLC.
Representation of Sixth Street Partners, LLC, a global investment firm, in its US$405 million acquisition of PDP assets from Laredo Petroleum, Inc., a company focused on exploration in the Permian basin.