|DATES:||OCT 23 - NOV 3, 2017|
Countries face many challenges related to sustainable development of their energy sectors. Governments must adapt policies and legal framework to efficiently develop their natural resources (both conventional and renewable resources); diversify and optimize the energy source mix, address climate change impact and meet INDC requirements, attract capital and expertise to develop the entire energy sector value chain; capture economic rents to pass through energy sector benefits to local communities; ensure optimum local content development; improve linkages to power sector; foster transparency, corporate social responsibility and environmental stewardship - all of which is critical for securing the affordable, reliable, and sustainable energy supply and for growing the local economies.
This seminar examines issues using policy, legal, and commercial lenses to provide a strategic level understanding of the sustainable value chain. Participants will receive a detailed review of the legal and commercial issues that must be resolved for successful sector development. Material is delivered through a variety of methods including: reference reading, in-class lecture, industry panels, and interactive group simulations and workshops.
Global energy sector overview, value chain, issues and trends
Objectives of a host government, SOEs, energy companies and other stakeholders
- Host country’s strategic policy issues, legal and regulatory framework and fiscal regime
- Climate change: adaptation and mitigation targets and implementation
- Negotiation framework, strategy, and toolsNegotiation framework, strategy, and tools
OIL AND GAS (UPSTREAM, MIDSTREAM AND DOWNSTREAM)
Upstream fiscal systems, taxation
Upstream contracts and key terms
Special considerations for natural gas
- Sales, storage, and transportation
- Transboundary pipelines
State participation in oil and gas projects
Commercial and operational framework
Development, structuring and financing of renewable projects
Case studies for solar, wind, geothermal, hydro, and other projects
Requirements for host governments in development their renewables sector
Sector fundamentals and structure
Project funding issues and alternatives
Power sector contracts and terms
Trends and developments with case studies
Climate change: adaptation and mitigation targets and implementation
Local content and other energy sector benefits to local communities
Energy corridors and regional cooperation
Transparency, anti-corruption, CSR and environmental standards
- Resolution of energy sector disputes between states and investors
Guly Sabahi is an independent legal adviser and outside general counsel, with 15 years of law firm experience (most recently as Partner at Dentons), advising major international companies and state-owned entities (including NOCs) on cross-border M&A and JV transactions, mainly in the energy sector. Guly also provides legal support on upstream projects, and power projects. Guly has worked on transactions and projects involving assets in over 50 countries in the Middle East, the Sub-Saharan Africa, Central Asia, and Latin America. Guly teaches at Georgetown University Law Center, and regularly speaks at events hosted by the Association of International Petroleum Negotiators (AIPN), and other leading organizations. Guly serves on the Board of Directors, and as VP External Affairs, of the AIPN. Guly is trained in both civil law and common law jurisdictions, and is admitted to practice in the US (New York and District of Columbia), and as Solicitor in England and Wales.
Robert Lesnick is an Executive Advisor to businesses and governments seeking to develop projects which expand development and use of natural gas. Mr. Lesnick recently retired from the World Bank as its Oil and Gas Program Coordinator after a successful 30-year career in the private sector. He has extensive experience in the petroleum sector, including commodity trading, project development, and natural gas field operations. Robert has over 25 years of international experience as a manager and lead negotiator for the development of energy infrastructure projects. He has conducted business in more than 60 countries on 6 continents.