DATES: OCT 23 - NOV 3, 2017    
       
TUITION: $3950    
       

 

 

 

Overview

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.

 

Course Outline

 

FUNDAMENTALS

  • 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
  • Refineries
  • State participation in oil and gas projects

 

RENEWABLES

  • 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

 

POWER SECTOR

  • Sector fundamentals and structure
  • Project funding issues and alternatives
  • Power sector contracts and terms
  • Trends and developments with case studies

 

SPECIAL CONSIDERATIONS

  • 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


 

Course Advisor

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.