Overview

Nick Kouvaritakis is the LNG practice leader (Asia) in the Singapore office of Mayer Brown. Nick is a member of the Oil & Gas and Infrastructure Investment groups with significant experience advising on oil and gas transactions. Nick has substantial experience advising on LNG projects, and has experience across the value chain having advised on upstream project development, midstream transportation and downstream sales arrangements. Nick spent 10 months on secondment to BP Singapore’s LNG trading team in Singapore, and has extensive experience drafting and negotiating LNG sale and purchase agreements.

Nick has been particularly active advising on floating and land-based regasification projects, he has been involved in more than 20 FSRU/LNG import projects to date. Having represented both charterers and FSRU owners, Nick has a unique standpoint and is able to understand the commercial and legal drivers from both sides of the table. Nick is able to advise on all aspects of FSRU transactions, and has experience advising on ship-building contracts and O&M arrangements. His recent FSRU project experience includes advising MOL on the provision of FSRU/FSU services for the Swan LNG import project in India, advising Summit Corporation on its FSRU/LNG import project in Bangladesh, and advising H Energy on all aspects of its FSRU/LNG import project in Jaigarh, West India.

Nick has been actively involved in the Singapore LNG sector since 2012, and has regularly contributed to established publications such as LNG Journal and has spoken at a number of conferences including Gas Asia Summit (2013 and 2014), Tank Storage Singapore (2015), and Natural Gas Infrastructure Conference (2015). He also has recent experience advising on LNG-to-power transactions, having recently advised a confidential consortium on all aspects of its bid for the 1600MW Jawa-1 IPP LNG-to-power project, including advising on long-term LNG fuel supply, FSRU regasification service arrangements, and power purchase agreement with PLN.

Spoken Languages

  • English

Experience

Advising FSRU (and FSU) Owners

  • Advising a confidential FSRU Owner in connection with its bid to provide an FSRU in connection with the Reliance FSRU Project in Bangladesh.
  • Advising a confidential FSRU Owner in connection with its bid to provide for a confidential LNG Import Project in Indonesia.
  • Advising BW Gas on its charter party arrangements (and subsequent spit agreements) with LGP in Panama on a long term FSRU charter to support a 670 MW LNG-to-power development.
  • Advising BW Gas in relation to its successful bid to provide EGAS with a 170,000 cbm new build FSRU under a long-term charter party arrangement.
  • Advising Golar LNG in connection with its charter party arrangements with PT Nusantara (a joint venture between Pertamina and PGN) in connection with a long-term FSRU charter for a 125,000 cbm (conversion).
  • Advising Golar LNG on its successful bid to provide Kuwait National Petroleum Company (KNPC) floating storage and regasification services to support KNPC’s LNG import operations at Mina Al Ahmadi (Kuwait) including drafting and negotiating the regasification services agreement in respect of the 5 year US$213 million charter for the Golar Igloo (170,000 cbm new build FSRU).
  • Advising a MOL in relation to the provision of an FSU to an LNG import project in India and the provision of O&M services for the FSU and an FSRU.
  • Advising a confidential client in connection with its bid to acquire an interest in a confidential FSRU project in Pakistan.
  • Advising a confidential client in connection with its bid for the Octopus LNG FSRU project in Chile.
  • Advising a confidential client in connection with its bid for the Rio Grande and Suape LNG FSRU projects in Brazil.
  • Advising BW Gas and Itochu in connection with an LNG import project in Bahrain utilising a floating storage unit (FSU) and onshore regasification unit (ORU).
  • Advising Golar LNG in connection with its bid for the Central Jawa FSRU project in Indonesia.
  • Advising Golar LNG in connection with its bid for the Medan FSRU project in Indonesia.
  • Advising Golar LNG in connection with its bid for an FSRU project in Pakistan.
  • Advising a confidential client in connection with its confidential floating storage and regasification project in the Philippines.

Advising FSRU (and FSU) Charterers

  • Advising Summit Corporation Limited in connection with the procurement of an FSRU for its LNG import project in Bangladesh.
  • Advising a confidential client in connection with its bid for an LNG import project in Sri Lanka, including advising on FSU chartering arrangements, LNG sale and purchase arrangements, and downstream gas arrangements.
  • Advising a confidential Singapore energy company on all aspects of its LNG import project in the Philippines.
  • Advising a confidential Indonesian client in connection with the procurement of a floating storage vessel in connection with its LNG import project.
  • Advising a confidential consortium on the negotiation of long-term LNG fuel supply and long-term LNG FSRU charter party and regasification service arrangements in connection with the Jawa-1 LNG-to-power project.
  • Advising H-Energy in connection with the procurement of an FSRU for its LNG import project on the west coast of India, including advising on the entire procurement process including the interface between the FSRU TCP and the onshore/downstream gas supply and transportation arrangements, together with the drafting and negotiation of the FSRU file charter arrangements.

Other LNG Import Projects

  • Advising Energy Market Authority of Singapore and Singapore LNG Corporation in connection with the development of a multi-user LNG import terminal project in the Republic of Singapore.
  • Advising a confidential Middle East utility in relation to advice in connection to its time charter party arrangements and interplay with LNG scheduling under spot and term arrangements.
  • Advising a confidential power consortium in relation to its bid for a confidential LNG-to-power project in Bangladesh.
  • Advising LNG Easy on various LNG supply, break bulk and import projects across South East Asia.

LNG sale and purchase agreements

  • Advising a Japanese Trading House in connection with supplying LNG into Pakistan.
  • Advising Diamond Gas International (Mitsubishi Corporation) on a number of confidential spot LNG sale and purchase transactions in Asia.
  • Advising BP Singapore (secondment) on a variety of spot, mid-term and long term LNG SPAs and master sale and purchase arrangements.
  • Advising INPEX Corporation in connection with long-term LNG offtake arrangements from the Prelude FLNG project in Australia, including drafting and negotiation of HOAs and SPAs with several Japanese counterparties.
  • Advising Anadarko on its LNG sales and marketing arrangements in connection with the Mozambique LNG project.
  • Advising a confidential client in relation to its LNG sale and purchase arrangements in connection with Bontang LNG project in Indonesia.
  • Advising a confidential Middle East utility in relation to a number of spot LNG sale and purchase agreements and advice in relation to its LNG sale and purchase arrangements.
  • Advising a major US gas producer in relation to its LNG sale and purchase arrangements in Singapore (including establishment of its LNG trading platform).
  • Advising Pavilion Gas in connection with its long-term (10 year) LNG sale and purchase agreement with Gazprom Marketing and Trading.
  • Advising Mitsubishi Corporation and Diamond Gas International on the long term LNG marketing and offtake arrangements from the LNG Canada project including project structuring advice (upstream, midstream, downstream components), preparation of LNG term sheets and HOAs and vessel loading arrangements.
  • Advising a confidential company on its long term LNG sale and purchase arrangements in connection with Prelude LNG.
  • Advising a confidential client in relation to its LNG marketing arrangements in connection with Pacific North West LNG.
  • Advising a confidential client in relation to its LNG marketing arrangements in connection with Djibouti LNG.

Power Projects

  • Advising an Asian government entity on a report to be submitted to the Iraqi Ministry of Electricity commenting on the Ministry's IPP documentation.
  • Advising the Sumitomo and KEPCO consortium on its successful bid for Shuweihat 3 IPP in Abu Dhabi.

Other Energy Projects/Oil & Gas

  • Advising Ramba Energy on the farm-out of a participating interest in the Lemang PSC to Mandala Energy, and acquisition by Ramba of a participating interest in the same PSC from Eastwin.
  • Advising a confidential company in relation to the disposal of an Operated interest under a PSC in Indonesia.
  • Advising a confidential client on its disposal of a 10% Participating Interest in a PSC in Indonesia.
  • Advising a confidential client on its proposed acquisition of Hess Corporation's participating interest in Natuna Sea Block A.
  • Advising Northern Gulf Petroleum Holdings in connection with the acquisition by way of farm-in of an upstream interest in Sumatra, Indonesia.
  • Advising Premier Oil in relation to the divestment of Premier Oil Vietnam South B.V. (holding an interest in Block 03-07 offshore Vietnam) to Talisman Energy.
  • Advising a confidential bidder in connection with its bid to acquire upstream assets from Newfield International in Malaysia.
  • Advising a confidential client on various transactions in Thailand relating to the G1, G3 and G6 Blocks.
  • Advising a confidential international oil & gas company in relation to the acquisition of Chevron’s upstream and midstream assets in Myanmar.
  • Advising a confidential international oil & gas company in relation to the acquisition of GDF Suez (ENGIE’s) upstream assets in Indonesia (Muara Bakau PSC).
  • Advising a confidential client on its proposed acquisition of Murphy Oil's upstream assets in Malaysia.
  • Advising Gazprom Neft in their capacity as operator of the Badra field in Iraq.
  • Advising a confidential major oil and gas company on its acquisition of petroleum licence blocks 1, 3 and 4 offshore southern Tanzania and subsequent development.
  • Advising Mitsui E&P Middle East B.V. (MEPME) on its acquisition of an upstream interest in Oman.
  • Advising an international oil company on a confidential upstream development in Saudi Arabia and Kuwait.
  • Advising an international oil and gas company on the development of a project to import and export refined petroleum products.
  • Advising an international oil and gas company on various issues relating to its entry into two PSCs in Kurdistan and the ongoing development of these assets.
  • Advising a confidential client on preparations for the Iraq fourth petroleum bid round.
  • Advising Mitsui on the sale of an ammonia plant in Indonesia to Pt Pupuk Indonesia.

Education

BPP Law School, LPC

Nottingham Law School, GDLP, Law

Bristol University, BSc, Political Science

Admissions

  • England and Wales
  • Associate to watch - Energy & Natural Resources: International, Singapore – Chambers Global (2019)
  • Associate to watch - Energy & Natural Resources: International, Singapore – Chambers Asia Pacific (2019)