Liquefied Natural Gas (LNG)
Forecast demand for natural gas in the medium to long term remains strong, driven primarily by population growth and the fact that gas-fired electricity generation is a relatively low carbon alternative to other fossil fuel sources of power generation and is a more flexible form of generation than renewables or nuclear power.
The advent of LNG (Liquefied Natural Gas) has created a global physical market for natural gas, enabling countries with plentiful supplies of gas to liquefy it and ship it by sea to markets that need it. New producing nations are emerging or expanding production through the development of new technology to facilitate production or the advent of shale gas or coal seam gas as a gas source for liquefaction and export. All these factors make this an exciting industry to work in, and one that requires its advisers to have sector–specific knowledge backed up by a global resource capability.
Allen & Overy provides pioneering advice on the entire lifecycle of these projects, from the consenting and planning process, through to the construction, financing, operation, offtake arrangements, and ultimately their refinancing or sale. We are at the forefront of the LNG market, advising project sponsors and debt funders (including banks, bond arrangers, ECAs, DFIs and multilaterals), sellers and acquirers (on M&A transactions) and governments on market leading projects and transactions globally on issues across the entire LNG supply chain, from liquefaction to transportation and shipping through to regasification for onshore and offshore projects (including floating storage and regasification units).
News & insights
News: 17 FEBRUARY 2021
Allen & Overy has advised the arrangers and dealers on PT Pertamina (Persero)’s global offering of USD1billion 1.40% bonds due 2026 and USD900million 2.30% bonds due 2031 under the company’s USD20bn…Read more
News: 09 FEBRUARY 2021
Allen & Overy has advised a consortium of banks on the USD260 million limited recourse debt financing to fund ANOH Gas Processing Company’s (AGPC) Assa North-Ohaji South (ANOH) midstream gas…Read more
Publications: 19 JUNE 2020
As part of a broader effort to reshape the EU’s trade policy, the European Commission (EC) proposes to expand its toolbox to tackle foreign subsidies undermining the level playing field in the EU’s…Read more