In today’s market, many LNG players are looking to develop new markets for LNG. The development of new LNG receiving facilities associated with a new power generation facility is attractive to many developers as a way of developing new demand for LNG, and potentially facilitating the development of further demand as the economy in the market develops.
The approach is not without its challenges, requiring the careful analysis of the market, relevant regulatory regimes, technical solutions and business models. The LNG to power (LNG2P) project itself is the combination of the development of LNG receiving, power generation and probably power transmission projects simultaneously, all of which are interdependent on each other.
This workshop, led by Ben Smith, a lawyer with many years of experience in the LNG sector will take attendees through many of the legal issues associated with the development of LNG2P projects, indicating where some of the issues lie, and what techniques can be used to address them, using examples where possible.
Structuring the project commercially
LNG Fuel Supply
Associated uses of regasified LNG
Other Business models
Partner, Norton Rose Fulbright (Asia) LLP, Singapore
Ben Smith is a Partner in Norton Rose Fulbright’s Singapore office. He has focused his practice on LNG related transactions since 2003 and has practiced in London, Tokyo, Hong Kong and Singapore. Ben has also worked in the legal departments of two major LNG players. Ben advises on all aspects of the LNG chain and has spent a lot of time recently working with clients to develop new markets for LNG. Ben is qualified as a solicitor in England & Wales and Hong Kong. He obtained his degree from the University of London. Ben’s full biography is available at www.nortonrosefulbright.com/ben.smith.