Skip to main content

Trowers & Hamlins has counseled Jordan’s Ministry of Energy and Mineral Resources on a liquefied natural gas (LNG) sale and purchase agreement with Royal Dutch Shell. The agreement guarantees a five-year supply of LNG to the kingdom and has a total value of several billion dollars.

Under the terms of the contract, from July 2015, Royal Dutch Shell will supply 150 million cubic feet of LNG per day to a terminal in Aqaba. This LNG will cover around 25 per cent of the National Electric Power Company's daily needs for power generation.

The agreement follows one that Jordan signed a deal to lease a Floating Storage and Regasification Unit (FSRU) from Golar LNG Limited, which is moored in a purpose-built structure near Aqaba.

Trowers was part of a consortium, also including Navigant, Mapstone and Tractebel Engineering , which advised on the project feasibility, time charter party agreement for the FSRU in Aqaba and on the subsequent tender process for the supply of LNG.

The law firm has worked with the Jordanian government since 2012 to assist in the implementation of the kingdom's LNG import strategy. 

 

Related Articles

Q&A with Edwin Northover, Debevoise & Plimpton LLP

Debevoise & Plimpton LLP won the Insurance Law Firm of the Year award at the ALB Hong Kong Law Awards 2024, apart from being the sponsor of the Insurance In-House Team of the Year award. Edwin Northover, Asia-based corporate partner and head of the firm’s financial institutions and corporate practices in Asia, talks about the firm's recent achievements, trends in the insurance industry, and future outlook for insurance law in Hong Kong.

Kramer Levin and Herbert Smith Freehills plan latest law firm mega-merger

by Reuters |

U.S. law firm Kramer Levin Naftalis & Frankel and global legal giant Herbert Smith Freehills are planning to merge to create a firm with more than 2,700 lawyers, according to a joint statement on Monday.

Tokyo International makes Singapore debut with SE Asia in its sights

by Sarah Wong |

Japanese boutique Tokyo International Law Office (TKI) is set to establish its first overseas outpost with the opening of a Singapore office in January 2025, marking a significant milestone in the rapidly expanding firm's global strategy.