ASIA ENERGY PROJECT DEVELOPMENT AND FINANCE PRACTICE

Jones Day is one of the world’s largest law firms,

with more than 2,200 lawyers in 30 locations around

the globe. We provide commercial and authoritative

advice across the breadth of legal services required

by major corporations, governments and agencies.

We have eight offices in Asia (Beijing, Hong Kong, New

Delhi, Shanghai, Singapore, Sydney, Taipei and Tokyo).

Our size and international focus mean we bring a criti-

cal mass of commercial excellence to our work.

Jones Day’s energy practice is one of our four spe-

cialized industry practices, and it is among the oldest

and largest in the world. We offer a full range of legal

services for developing and financing oil, gas, power

and water projects.

Our energy lawyers work closely with lawyers in other

practice areas (including finance, corporate, construc-

tion, securities, tax and dispute resolution) as part of

globally integrated teams.

Our broad range of clients includes:

• Oil and gas producers

• Electric generation, transmission and

distribution companies

• Natural gas pipeline and distribution companies

• Energy marketers

• Water and sewerage companies

• Mining and metals companies

• Entities with interests before government agencies

and regulators

• Multilateral agencies

• Banks and financial institutions

We are sensitive to our clients’ broader agendas and we have

developed an exhaustive understanding of the economic

issues, industry contexts and individual concerns surround-

ing our clients’ activities. Our team members are based in

Asia’s major regional centers for energy-related business and

combine genuine sector experience with extensive regional

knowledge and coverage.

Jones Day’s global reach and substantial legal resources

allow us to provide creative, comprehensive and effective

legal solutions throughout Asia in all of the critical energy

competencies, including:

• Project structuring, development and operation

• Upstream, midstream and downstream oil and gas (includ-

ing LNG and shipping)

• Power generation, transmission, distribution, trading

and supply

• Mergers, acquisitions, divestments and joint ventures

• Market restructuring, deregulation and privatization

• Corporate, project and structured financing

• Construction contracting

• Domestic and international dispute resolution

Our team members are based in

Asia’s major regional centers for

energy-related business and com-

bine genuine sector experience

with extensive regional knowledge

and coverage.

Jones Day consistently ranks among the top law firms in pub-

lished league tables and in reputable publications. Our excel-

lence in serving our clients has not gone unnoticed:

World #1 in Mergers and Acquisitions: Thomson Financial has

consistently ranked Jones Day #1 globally for number of com-

pleted deals from 2000 through 2004.

Client Service: Jones Day has ranked in the top five for cli-

ent service four years in a row in BTI Consulting Group’s client

survey of Fortune 1000 corporate counsel, with No. 1 rankings Fortune 1000 corporate counsel, with No. 1 rankings Fortune

in 2002 and 2004.

No. 1 in Oil, Gas & Energy: Jones Day ranked No. 1 in Financier

Worldwide’s January/February 2003 “Oil, Gas & Energy Worldwide’s January/February 2003 “Oil, Gas & Energy Worldwide

Review”.

World #1 in Litigation and Dispute Resolution: Chambers

and Partners ranked Jones Day as having the best litigation

practice among all international law firms (June 2002). The

American Lawyer also selected Jones Day’s Litigation Group American Lawyer also selected Jones Day’s Litigation Group American Lawyer

as the Litigation Department of the Year (The American

Lawyer, January 2002).Lawyer, January 2002).Lawyer

Project Finance Leader: The American Lawyer and the The American Lawyer and the The American Lawyer

Infrastructure Journal ranked Jones Day as one of the world’s Infrastructure Journal ranked Jones Day as one of the world’s Infrastructure Journal

leading project finance law firms for 2002 and 2003.

Asia Pacific Legal 500 2002/2003: “Clients recognize the firm’s Asia Pacific Legal 500 2002/2003: “Clients recognize the firm’s Asia Pacific

energy market experience and its Chinese law capability”.

OUR ASIA ENERGY EXPERIENCEMembers of our Asia energy practice have extensive experi-

ence, gained in-house and in private practice, on energy proj-

ect development and finance, including the following recent

examples:

• Advising CNOOC in respect of the foreign party participant

selection process, and acting as project development

and finance counsel for the $900 million Guangdong

LNG Terminal and Trunkline Project, China’s first LNG

import project

• Advising Petronas, ConocoPhillips, Talisman and Singapore

Petroleum in the acquisition, development and financing of

Sumatra Transcentral and Sumatra-Batam-Singapore gas

transmission pipeline projects in Indonesia

• Advising the Singapore Government in preparing new gas

sector legislation as part of the deregulation of Singapore’s

gas industry

• Advising Premier Oil in the West Natuna (Indonesia to

Singapore) gas pipeline project, Indonesia’s first interna-

tional gas export pipeline project, and in the development

of the Anoa gas field

• Advising CNOOC on the acquisition of oil and gas interests

variously in Australia, Indonesia and Kazakhstan

• Advising Liberty Power Limited on project structuring and

financing of the 470MW Liberty power project in Pakistan

• Advising on the 1200MW KEPCO Ili jan project in the

Philippines

• Advising BOT Lease Co., Ltd. on the development and

financing of the Minami Towada Wind Power Project in

Japan, including negotiation and preparation of a power

sale agreement to Tohoku Electric Co., Ltd.

• Advising BP p.l.c. in connection with the $412 million limited

recourse financing for the 716.8 MW Phu My 3 gas-fired

electric generating facility in Vietnam

• Advising ConocoPhillips and Talisman Energy on the sale of

2.3 trillion cubic feet of gas from the Corridor Block produc-

tion sharing contract in South Sumatra over a 17-year period

to PT. Perusahaan Gas Negara, the majority state-owned

Indonesian gas transmission and distribution company, for

transportation to industrial users and power generators in

West Java

• Advising PT Energi Sengkang (sponsors include El Paso and

Energy Equity) on the development and financing of a 135

MW expansion of a gas-fired IPP in Sulawesi, Indonesia and

related gas sales arrangements from a sister company

• Advising Singapore Petroleum Company Limited on the

$23.2 million acquisition of Coastal Indonesia Sampang Ltd.

from El Paso Production Company, a subsidiary of El Paso

Corporation

ADDITIONAL INFORMATION

For additional information regarding our Asia energy practice,

please contact your principal Jones Day representative or one

of the lawyers listed in this publication. General e-mail mes-

sages may be sent using our web site feedback form, which

can be found at www.jonesday.com.

BEIJING

86.10.5866.1111

Canice Chan

cchan@jonesday.com

HONG KONG

852.2526.6895

Bruce R. Schulberg

bschulberg@jonesday.com

SINGAPORE

65.6538.3939

Emad H. Khalil

ehkhalil@jonesday.com

TOKYO

81.3.3433.3939

John C. Roebuck

jroebuck@jonesday.com

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