LEGAL UPDATES
During this unprecedented impact of the Coronavirus (COVID–19) pandemic we wanted to reassure you of our continued service. We understand that you will be dealing with your own organisational challenges in facing the realities of COVID-19, but please be assured that we will be available to render all legal assistance to you without disruption. We endeavour to post regular legal and industry updates on our website to keep you informed. We, at LMA, hope and pray for everyone’s continued safety. (24.03.2020).      Memo on the measures taken by Regulatory Authorities, the Federal Government and Provincial Governments in Light of COVID – 19. (25.03.2020).

Power and Energy

LMA has vast experience in advising and providing counsel on major power projects, including hydel power projects, coal-based power projects, LNG-based power projects and wind power projects.

We hold the distinction of being involved in the first ever LNG project in Pakistan and is the only law firm in Pakistan which has advised on the entire LNG supply chain.

Our lawyers were engaged to advice on the establishment of Pakistan’s first LNG terminal at Port Qasim, Karachi and have developed expertise in the procurement of LNG re-gasification and storage services as well as the negotiation and drafting of agreements with LNG operators/contractors and ancillary agreements with lenders and relevant authorities. In addition to being the only local firm with end to end experience in LNG re-gasification terminals, our lawyers have been involved in the negotiation and drafting of agreements between Sui Southern Gas Company Limited and the designated buyers of LNG and gas transporters under the LNG Policy 2011.

We were also engaged by Sui Southern Gas Company Limited for its second LNG terminal. The assignment involved advising the gas company on the request for proposal (RFP), the relevant bidding documents and on the bidding process in light of the public procurement laws.

Our firm is currently engaged to advise, negotiate and assist a Government nominated entity, Pakistan LNG Terminals Limited (PLTL) in respect the second LNG import terminal at Port Qasim, Karachi.

LMA has negotiated the LNG Operation and Services Agreement and advised PLTL on applicable regulatory laws.

LMA is currently engaged by PLTL to draft, review, negotiate and advise PLTL on the ancillary agreement to be executed by PLTL as part of the project.

The firm has also advised a foreign law firm in relation to the acquisition of twenty percent (20%) shareholding by a Chinese company in a hydel power project in Pakistan, which included the preparation of an extensive and detailed due diligence report covering all aspects of the target company, including company related details, shareholding structure, status of compliance with all laws, concession and project documents, material agreements and technical contracts (including regulatory approvals and permissions), land related documentation and preliminary financial documents in respect of the project.

LMA is the transaction legal counsel in rendering legal services and support to gas utility companies to formalize arrangements in respect of downstream gas/ re-gasified LNG (RLNG) transportation agreements. LMA recognises the complexity in such gas transportation agreements since they involve supplying of natural gas to end consumers while ensuring that the client’s risks are adequately mitigated.

LMA is involved in advising on legal, commercial and regulatory aspects of import and procurement of LNG by an entity nominated by the Government of Pakistan (GOP) from reputable LNG suppliers including Qatargas and Petronas. Apart from advising on long to mid-term LNG sale and purchase agreements with LNG suppliers, LMA is also involved in advising on master sales and purchase agreement (MSAs) for spot purchase of LNG cargo(es) by GOP from time to time.

LMA has rendered legal advice to its clients on commercial, corporate and regulatory aspects of the LNG project documents, which are consistent with international power projects and international best practices.