Structuring LNG Tolling Agreements: Negotiating Fee Structure and Payment, Lifting Terms, Liability, and Other Key Provisions
Recording of a 90-minute premium CLE webinar with Q&A
This CLE webinar will provide guidance to energy counsel on the structuring of LNG tolling agreements. The panel will provide insight on key considerations when negotiating the agreement and key provisions to be included.
- Key considerations when implementing an LNG tolling structure
- Key provisions
- Fee structure and payment
- Lifting terms and allocation
- Annual delivery program
- Third-party tolling
- Termination rights and force majeure
- Other key provisions
- Best practices for negotiating and structuring LNG tolling agreements
The panel will review these and other key issues:
- What are the advantages and disadvantages of a tolling agreement?
- What are the critical provisions of tolling agreements?
- What strategies should be used when dealing with multiple tolling agreements applicable to the same project?
King & Spalding
Ms. Hwang in active in the firm’s Global Transactions Practice Group. Before becoming a lawyer, Ms.... | Read More
Ms. Hwang in active in the firm’s Global Transactions Practice Group. Before becoming a lawyer, Ms. Hwang worked in various sectors of the energy industry, including upstream production, gas processing and wholesale and retail energy trading. In particular, she has extensive natural gas futures and financial derivatives experience as a risk manager and a trading analyst at various trading floors at major energy companies.Close
Assistant General Counsel
Kathryn (Kathy) Marietta
King & Spalding
Ms. Marietta has particular expertise in LNG as well as considerable experience in engineering, procurement and... | Read More
Ms. Marietta has particular expertise in LNG as well as considerable experience in engineering, procurement and construction projects, upstream and downstream operational agreements, offshore long-term drilling contracts, project development, operating agreements, international government negotiations, and acquisitions and divestitures. Ms. Marietta’s practice focuses on the structuring, negotiation and documentation of transactions involving her areas of expertise.Close
Matthew F. Salo
Mr. Salo has worked on multiple LNG liquefaction tolling agreements and sales and purchase agreements as both in-house... | Read More
Mr. Salo has worked on multiple LNG liquefaction tolling agreements and sales and purchase agreements as both in-house and outside counsel. Before joining Freeport LNG in 2014, he worked as an associate in the Global Transactions Practice Group at King & Spalding and the Oil & Gas Transactions Practice at Latham & Watkins. Mr. Salo served as a commissioned officer and AH-64A Apache pilot with 1-149th Attack Reconnaissance Battalion, Texas Army National Guard.Close
Mr. Setters has 35 years of oil, gas and LNG experience. He has played an integral role in gas/LNG marketing,... | Read More
Mr. Setters has 35 years of oil, gas and LNG experience. He has played an integral role in gas/LNG marketing, commercial negotiations, new ventures, mergers & acquisitions, and project development across the value chain and across the globe. During the last 15 years of his career with Chevron, Mr. Setters led organizations that played key roles in the launch of three greenfield LNG projects– Angola LNG, Gorgon LNG and Wheatstone LNG–with a combined capital budget in excess of $100 billion.Close
Commercial Vice President