OilGas

OIL & GAS SECTOR

Qureshi Law Associates has extensive experience and capabilities in the oil and gas sector. We have invariably been involved in the key transactions in Pakistan and have advised a wide variety of companies, national and international, upstream and downstream, particularly those involved in the exploration and production sector. Our capabilities and experience are listed below.

CAPABILITIES

Market entry and pre-qualification in the oil and gas sector.
Applications for and filing requirements for Exploration Licenses.
Review, drafting and negotiation of Petroleum Concession Agreements and Production Sharing Agreements.
Development & Production Leases.
Regulatory issues, including health, safety and environmental issues.
Joint venture and unitization agreements.
Sale and acquisition of license interests.
Oil and Gas Supply & Transport Agreements.
Applications and hearings before OGRA & DGPC.
Gas market regulation and third party access to gas networks and other infrastructure.
Farm in and Farm out agreements.
Reservoir failure and the appropriate mechanism to be placed in agreements for dedicated gas based power plants.
Distribution and franchise Agreements.
Arbitration and litigation.

PAST EXPERIENCE

1. Standard Oil Supply Agreement (OSA) between Independent Power Producers (IPP’s) & Oil Companies in Pakistan.

2. Summary points of new standard OSA between IPP’s & Oil Companies for the Government of Pakistan.

3. Framework for OSA for the Government of Pakistan.

4. Key changes in OSA between 1994 & 2002 for the Government of Pakistan.

5. Letter of Support for Residual Furnace Oil IPP’s to be issued by the Government of Pakistan.

6. Standard Gas Supply Agreement (GSA) for use between IPP’s & Gas Companies in Pakistan.

7. Summary points of new standard GSA between IPP’s & Gas Companies for the Government of Pakistan.

8. Critical differences between the standardized GSA’s of 1994 and the new 2002 GSA made by us for the Government of Pakistan.

9. Opinion to OMV, an oil and gas exploration company on the new Gas Draft Wellhead rules for Ministry of Petroleum & Natural Resources.

10. Conversion of an existing bilateral Gas Processing Agreement (GPA) to a Trilateral GPA for Latif Gas Field for OMV.

11. Framework for Latif Gas Processing Agreement for OMV.

12. Conversion Policy Options for OMV from the 2001 to the 2007 power policy.

13. Legal opinion on criminal complaints against OMV employees by land owners.

14. Standard Gas Allocation letter format for pipeline gas supply to IPP’s for the Government of Pakistan.

15. Several magazine articles ranging from ‘Iraq Oil & Gas Investment Laws & Hurdles’ to gas shortage issues in the Middle East for the magazine “Energy World”.

16. First negotiated GSA between SNGPL & Orient Power IPP in Pakistan.

17. Key legal provision for conversion of gas based IPP’s to oil in the event of gas shortages in the standard Implementation Agreement between IPP’s and the GOP.

18. Provided the ‘liquidated damages’ clause between the GOP and IPP’s in the event of a failure to supply gas by SNGPL, SSGC.

19. Transfer of company shares from Orient Power to Oman Oil.

20. Legal Opinion for Sharjah Electricity & Water Authority on a MOU for transport of gas through a pipeline from Iran.

21. Legal Opinion on the new Petroleum Concession Agreement & Gas Production Agreement used in Iraq for bidding for its Oil and gas fields for multinational oil companies Repsol Exploracion SA, StatoilHydro ASA and Maersk Olie og Gas consortium.

22. Negotiated and drafted the detailed provisions for dual fuel gas and HSD IPP’s in Power Purchase Agreements including the following:

Reached agreement on an expedited procedure for invoicing for HSD due to its expense.
Procedure for dispatch on HSD and its amount during the course of a year (in the absence of any policy on HSD).
Conversion period and payment procedures from gas to oil in the event of failure to obtain further a further gas allocation.
Minimum take or pay provisions for gas supplies & failure to provide the same.
Amount of fuel reserves/inventory to be maintained for HSD.
Making the project specific Consents to be provided to a gas pipeline IPP project.

23. Negotiated Implementation Agreement (IA) between Fauji Mari & GOP including the key provisions providing for failure/shortage of gas for dedicated gas field power projects and the key maintenance and outage periods, used as a model in Pakistan for other dedicated gas field projects in Pakistan.

24. Drafted ECC Summaries including those on gas supply and liquidated damages for the Government of Pakistan.

25. Legal Opinion on Gas Supply & Purchase Agreement for the import of gas to the UAE from Iran for Sharjah Water & Electricity Authority.

26. Advising Sharjah Electricity & Water Authority in relation to various legal agreements like MOU’s, amendments to existing GSPA's etc.

For enquires please contact info@qureshilawassociates.com