The international LNG business has been built on long-term contracts made under common laws. These foundations have endured well, but are now subject to erosion. In the last few years, the market has seen moves towards shorter contracts, greater flexibility, rights of early termination and gas market pricing. At the same time, the courts have seen leading cases on the enforceability of take or pay, the implication of duties of good faith, consideration for the interests of the other party and the enforcement of agreements to agree: and the particular standing or long-term, relational agreements. The dominance of common laws in these arrangements means that these are necessarily global themes, affecting also the raising of capital.
With the benefit of contributions from those in the heart of these commercial and legal developments, our event looks to debate these issues and to chart a course towards the contracts and structures appropriate for the movement of gas and LNG towards becoming global, transparent and tradable commodities.
The event will include the launch of the Third Edition of the Law and Business of LNG book, a rare guide to the legal, regulatory, political and practical elements of today's LNG business.
- Dame Vivien Rose DBE, Justice of the High Court, Chancery Division
- Martin Houston, Vice Chairman, Tellurian Inc
- David Ledesma, Energy & Strategy Consultant and Senior Fellow, Oxford Institute for Energy Studies
Paul Griffin, Senior Advisor and Counsel – Oil & Gas, White & Case, London
Time and Date
Thursday 28 September
4:30 p.m. Registration
5:00 p.m. Event begins
6:30 p.m. Drinks and canapés
White & Case, London
For more information on our autumn seminar series, please follow this link.