Procurement, Investment, Insurance and Reparation (Theme A)

Procurement law for the oil and gas sector
Investment protection, including:
- - Foreign direct investment in developing economies
  - Investment protection: legal structures and risk allocation
  - Project company’s obligations and remuneration
  - Protection against changes in law and changes in tax
  - Breach of contract, remedies and host government responsibility.
  - The IPP Model and international IPP market
Host country’s procurement processes
The Iraq case study
Insurance and risk
- - Risk and infrastructure development projects
  - Individual categories of intergovernmental and host government risk
  - Risk from the perspective of state and private sector counterparties, lenders, affected communities and other interested third parties
  - Pre shipment finance models and examples
  - Country risk of oil producing countries and political risk insurance
  - Back-to-back letters of credit, guarantees, forfeiting and all financial products
Trader financing issues
Oil and Gas taxation, including:
- - Introduction to municipal and international taxation principles
  - Oil Industry Accounts
  - Product-based taxes – case studies
  - Interest, investment and financing
  - Decommissioning