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.
Table of Content
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