Latin American Upstream Oil and Gas

This volume analyses the upstream oil and gas regulations of the most relevant Latin American countries. The book is divided into two sections. The first provides an outlook of the oil and gas laws and regulations and the key concerns in the most significant jurisdictions in the region (eg, Argentina, Brazil, Colombia, Venezuela, Mexico). The authors describe the key terms of each country's applicable petroleum laws and regulations, the types of legal arrangement in place (eg, concession agreements, production sharing contracts or service agreements), the fiscal terms, how to qualify to acquire acreage, the types of governing law, available dispute resolution mechanisms and government controls, among other things. The second section covers the most important topics that may affect the industry from a regional viewpoint (eg, M&A, fiscal and economical analyses, host government contracts, unconventional plays, civil law issues and national oil company participation). This approach enables all those involved in the Latin American petroleum industry to master the contractual and regulatory issues from a local and regional perspective through one publication. This volume thus serves as a valuable tool for lawyers and other professionals in the industry who are interested in understanding the key legal terms and provisions of the Latin American oil and gas industry.

Contenu

Upstream regulation: an introduction 5 Fernando Fresco Kuwait Foreign Petroleum Exploration Company ksc Eduardo G Pereira University of Eastern Finland Part I: Overview by country Argentina 13 Mariana Ardizzone Maciel, Norman & Asociados Bolivia 45 Pablo Stejskal Stejskal & Associates Brazil 61 Décio Pio Borges de Castro Marcelo Viveiros de Moura Pinheiro Neto Advogados Chile 83 Francisco Pinochet Cantwell Kast, Pinochet Colombia 101 Dario Gerardo Lamanna CNP Diana Sanclemente Sanclemente, Fernandez Abogados SA Cuba 127 Kaisa Huhta Kim Talus University of Eastern Finland Ecuador 143 Javier Robalino Orellana Rafael Valdivieso Ernesto Velasco Paz Horowitz Robalino Garcés Mexico 171 Miriam Grunstein Brilliant Energy Consulting/CIDE Peru 189 Giancarlo Guardia University of Lima David Sáenz SK Innovation Sucursal Peruana Venezuela 223 Elisabeth Eljuri Norton Rose Fulbright Part II: Significant topics The evolution of legal frameworks for hydrocarbon development 247 Jose L Valera Mayer Brown LLP Fiscal regimes 265 Vera de Gyarfas King & Spalding Tomás Lanardonne Perez Alati, Grondona, Benites, Arntsen & Martinez De Hoz (Jr) Mergers and acquisitions and joint ventures 297 Pedro Jardim José Ribeiro do Prado Júnior Machado, Meyer, Sendacz e Opice Advogados Upstream project finance 307 Luisa Arnal Machado Gabriela Rachadell de Delgado María Cecilia Rachadell DLA Interjuris Abogados Natural gas 331 Edmar Almeida Federal University of Rio de Janeiro Sylvie D'Apote Prysma E&T Consultores Winston Fritsch Petra Energia Energy investment disputes 353 Elisabeth Eljuri Norton Rose Fulbright Clovis Trevino Independent legal counsel Anti-corruption initiatives 381 Mark Clarke Angela Pearson Prateek Swaika Ashurst LLP Aaron G Murphy Akin Gump Strauss Hauer & Feld LLP Environmental protection: lessons from Brazil 411 Danielle Ludwig Marcio Pereira LO Baptista, Schmidt, Valois, Miranda, Ferreira, Agel Unconventional oil and gas: lessons from Argentina 427 Eduardo Andrés Pigretti YPF SA Civil law contractual issues: a Brazilian perspective 437 José Virgílio Lopes Enei Daniel Szyfman Machado, Meyer, Sendacz e Opice Advogados About the authors 465