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Regulatory or contractual hurdles affecting LNG projects

Developing a viable LNG regulatory infrastructure A viable regulatory infrastructure for LNG projects wherever they may be located, should include: effective applicable regulation, and effective contractual remedies in situations where the parties are in disagreement. This post will briefly summarise the scope of these two areas, as follows. Law and regulation: LNG regulation – what does it cover? Let’s first draw up a shortlist of … Continue reading Regulatory or contractual hurdles affecting LNG projects

Floating storage and regas units (contd.)

“FLNG projects can be self-propelling, but some are towed to their installation site, so the FLNG facility is in some cases a sea-going vessel, and in others more of an off-shore platform A key question is therefore whether the FLNG facility is a ship when it is used in stationary operations …” This is the sister-post to my earlier post on the nature of a … Continue reading Floating storage and regas units (contd.)

Floating storage and regas units

“The question the draftsperson should ask themselves is whether we are dealing with a sea-going vessel, or something more like a land-based LNG import terminal. FSRUs can and often are designed for operation not so much as LNG carriers, but instead as facilities which are semi-permanently located at the relevant import terminal.” Readers may like to read a recent post on this subject, at the … Continue reading Floating storage and regas units

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Waste-to-energy projects in Indonesia

As with most parts of the developed and developing world, countries have been signing up in recent years to switching to green or renewable sources of energy. Indonesia is one such country, and one step which Indonesia has taken in that direction has been by promoting waste-to-energy projects. In 2018, regulation was passed with a view to promoting or facilitating waste-to-energy projects in certain specific … Continue reading Waste-to-energy projects in Indonesia

LNG Price Review – the Asian Context

The concept of price review A number of long-term contracts for the sale and purchase of LNG contain price review provisions. But commentators will remind us[1] that price review provisions are contrary to the principle of sanctity of contract, because a contract should be performed just as it reads, as that is what the parties to it have agreed, having taken into account the risks … Continue reading LNG Price Review – the Asian Context

Oman Labour Law and Manpower Issues

Yet again, there has been a certain amount of commentary in Oman in recent weeks on the subject of the ‘no objection certificate’, or ‘NOC’. The practise in question gives an employer in Oman the power to grant or refuse a NOC to a non-Omani employee. The “objection” or “no objection” in this case, is to the employee’s proposed ‘transfer’ to another unrelated employer. What … Continue reading Oman Labour Law and Manpower Issues

Due diligence in a developing market

As a preliminary step for anyone wanting to do business in a developing market, extensive due diligence is an absolute must. Your due diligence should cover not just the business climate, the economic drivers, and the competition you could face in the new market, but also confirmation that your planned business is permitted in the new market, the applicable regulations for setting up your new … Continue reading Due diligence in a developing market