LNG Offshore Production and Regasification : Legal and Commercial Risk Management

This is the first book to focus on the law and practice relating to the production and delivery of liquified natural gas (LNG) using offshore floating facilities.This segment of the offshore oil and gas industry has been growing over recent years and has now assumed special importance in the wake of interruption to international gas supplies, with a number of countries turning to importing LNG through floating offshore regasification units in order to protect their energy security.The reader will gain a thorough understanding of the operational risks as far as these are relevant to contractual obligations and potential liabilities. The book draws on the relevant maritime and commercial law, applying this with specific focus on the requirements of offshore facilities liquefying, carrying and storing a cargo at -162°C, then regasifying and transferring the same onshore.The contracts relating to the operation of these facilities mirror some aspects of conventional LNG vessel charters but