Skip to content
Liquefied Natural Gas hero image
Liquefied Natural Gas hero image

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 and insights

Office windows with reflection of buildings and clouds

Publications: 04 March 2024

Allen & Overy’s Scott Cockerham on the uptick of IRA-enabled tax credit transfers with Infrastructure Investor

Scott Cockerham, partner in Allen & Overy’s global Projects, Energy, Natural Resources and Infrastructure (PENRI) practice, shared his thoughts on the uptick in IRA-enabled tax credit transfers, which…

Read more
Equipment, cables and piping as found inside of a modern industrial power plant

News: 20 February 2024

Allen & Overy advises Uniper on sale of Hungarian gas fired power plant Gönyű to Veolia

Allen & Overy is advising the international energy company Uniper SE, Düsseldorf ("Uniper") on its sale of 100% of shares in its subsidiary Uniper Hungary Energetikai Kft. ("Uniper Hungary").

Read more
interior of a modern industrial warehouse

News: 08 February 2024

Allen & Overy advises on a EUR650 million bond by Italgas

Italgas S.p.A. has placed a new bond issue, due 8 February 2029, for a nominal amount of EUR650 million intended for institutional investors. Allen & Overy has advised the joint bookrunners on the…

Read more
London

Publications: 18 November 2022

UK sanctions against Russia: the pressure intensifies

The UK Government has introduced two further packages of sanctions against Russia in quick succession. 

Read more