In March 2023, the Ministry of Energy and Mineral Resources Regulation No. 2 of 2023 was announced by Indonesia’s Minister of Energy and Mineral Resources, Arifin Tasrif, concerning Implementation of Carbon Capture and...more
Earlier this year, some of the steps that Singapore has been taking to build a sustainable future and address climate change was discussed in our article “Singapore Green Energy Transition – Recent Developments”. In this...more
In our most recent article, “Energy in ASEAN: Hydrogen in Singapore”, we highlighted some of the key developments in Singapore’s hydrogen sector as the island state moves to implement its “Green Plan” and begins to take its...more
The launch of Singapore’s Green Plan 2030 (Green Plan) in February this year is likely to mark a turning point for the island state’s energy sector. As Singapore looks to create a more sustainable society, it will become...more
8/19/2021
/ Association of Southeast Asian Nations (ASEAN) ,
Electricity ,
Energy Market ,
Energy Projects ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
Hydrogen Power ,
Oil & Gas ,
Renewable Energy ,
Singapore ,
Sustainability
Carbon capture, utilization and storage (CCUS) looks set to become one of the next major talking points in energy, as countries around the globe struggle to reduce carbon dioxide (CO₂) emissions and fulfil commitments to...more
Southeast Asia appears set to become the next key market in the decommissioning of offshore oil and gas assets. With an estimated 200 offshore fields likely to stop producing by 2030, comprising more than 1,500 platforms and...more
The increasing divergence between oil prices and spot liquefied natural gas (LNG) prices has created strong incentives for Asian buyers under long-term LNG contracts to seek price adjustment and other forms of LNG contract...more
Last month over 35,000 participants attended the Gastech 2019 Conference, the world’s largest gas and LNG conference, in Houston, Texas. Members of Akin Gump Strauss Hauer & Feld LLP’s global energy and transactions team...more
10/2/2019
/ Climate Change ,
Economic Growth ,
Energy Sector ,
Energy Storage ,
Environmental Assessments ,
Exports ,
FERC ,
Imports ,
Liquid Natural Gas ,
Natural Gas ,
Oil & Gas ,
Supply Chain ,
Transportation Industry
The National Development and Reform Commission and the Ministry of Commerce jointly released the new Special Administrative Measures (Negative List) for the Access of Foreign Investment (2019) in China (the “2019 Negative...more
In our July 2017 update in AG Speaking Energy, we highlighted that the Japan Fair Trade Commission (JFTC) concluded in its market study that destination clauses, diversion clauses, profit-sharing clauses and take-or-pay...more
8/2/2018
/ Anti-Monopoly ,
Buyers ,
Destination Restriction Clauses ,
Energy Market ,
Energy Sector ,
EU ,
European Commission ,
European Economic Area (EEA) ,
Export Controls ,
Imports ,
Investigations ,
Japan ,
Japan Fair Trade Commission (JFTC) ,
Liquid Natural Gas ,
Oil & Gas ,
Profit Sharing ,
Qatar ,
Resales Agreements ,
Sellers ,
Supply Agreements ,
Take-or-Pay Contracts
• JFTC‘s recent market study on clauses in LNG SPAs indicate that agreements may run afoul of Japanese antimonopoly laws.
• EU cases may provide guidance on application of competition law to destination clauses, diversion...more
7/3/2018
/ Anti-Monopoly ,
Buyers ,
Contract Terms ,
Destination Restriction Clauses ,
Energy Market ,
Energy Sector ,
EU ,
European Commission ,
European Economic Area (EEA) ,
Export Controls ,
Imports ,
Investigations ,
Japan ,
Japan Fair Trade Commission (JFTC) ,
Liquid Natural Gas ,
Oil & Gas ,
Profit Sharing ,
Qatar ,
Sellers ,
Supply Agreements ,
Take-or-Pay Contracts
In June 2017, the Japan Fair Trade Commission (JFTC) issued its conclusion on an earlier market study on liquefied natural gas (LNG) resale restrictions and cautioned that (i) destination clauses, (ii) diversion clauses,...more
7/19/2017
/ Anti-Monopoly ,
Buyers ,
Contract Terms ,
Export Controls ,
Imports ,
Japan ,
Japan Fair Trade Commission (JFTC) ,
Liquid Natural Gas ,
Oil & Gas ,
Profit Sharing ,
Resales Agreements ,
Sellers ,
Take-or-Pay Contracts
The Australian Domestic Gas Security Mechanism at a Glance -
On June 5, 2017, the Australian government released draft amendments to the existing Customs (Prohibited Exports) Regulations 1958 (the “Amended Regulations”)...more
Singapore SLInG -
For liquefield natural gas (LNG) suppliers or purchasers following the travails of the oil markets and wishing to reduce the tie-in of LNG prices to oil indexes (a particular issue in Asia), the...more