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LNG project relationships change as NOCs gain more contract leverage

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Monday, 16 June 2008 11:51
Nick Prowse, a partner in law firm Norton Rose LLP, presents the first of a two-part series on perfecting LNG joint venture contracts

The critical issues between National Oil Companies (NOCs) and international oil companies (IOCs) in joint venture LNG projects are value extraction, control, added value to the host country and incentives and investment protection for the foreign investors.
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