Contemporary Issues in Natural Gas &LNG PROGRAM
8:30 - 9:00 Presentation of participants
9:00 OPENING AND WELCOME Richard Kvasňovský, Slovak Gas and Oil ssociation Jakub Kamenický, Squire Patton Boggs
SPEAKERS Li Li, Director at BRG in the Energy & Climate Practice Michelle Glassman Bock and Max Rockall, Partners at Squire Patton Boggs, in the natural gas and LNG international disputes practice
1st BLOCK - OVERVIEW OF THE EUROPEAN GAS FLOW SITUATION – 2020 TO PRESENT · Gas supply mix, pipeline and liquefied natural gas (LNG) before and after 2022 · Development of pricing and supply after the Russian invasion of Ukraine and resulting market issues in dispute · Russia-Ukraine transit contract and its termination Discussion
2nd BLOCK - OVERVIEW OF LNG DEALS AND INFRASTRUCTURE FOR EUROPE · New LNG receiving infrastructure and floating storage and regasification units (FSRUs) · New connections between LNG receiving terminals and other parts of Europe · Reported contracting between LNG producers and European importers Discussion
3rd BLOCK - TYPICAL FEATURES OF LNG CONTRACTS AND THE DISPUTES THAT ARISE UNDER THEM · Overview of delivered ex-ship (DES) and free-on-board (FOB) arrangements · Pricing · Flexibility, e.g. downward quantity tolerance (DQT), upwards quantity tolerance (UQT), make-good, etc. – compare and contrast with pipeline contracts · Framework agreements and confirmation notices · Force majeure and missed or under-delivered cargoes (and liability limitation provisions) Discussion
11:00 Conclusion
11:10 Snack and Networking