Negotiations

Most negotiations are confidential but PDC has led or participated in a number of significant international negotiations including:

• Assisting PetroVietnam purchase gas from the Nam Con Son fields from the BP group
• Leading gas sales for PetroVietnam of gas to Électricitié de France for Phu My 2.2 power station
• Assisting Georgian International gas negotiate tariff fees with SOCAR Azerbaijan from the Shah Deniz pipeline
• Leading negotiations for the sale of gas from the Seven Head Gas field Ireland to Innogy
• Sale of 50% of Krygoil to Petrofac
• Involvement in gas negotiations regarding purchase of gas from BG Gaza Marine field by Government of Israel 

Client PetroVietnam Client Description State oil & gas company Project Location Vietnam Project Name Purchase of Nam Con Son gas and part sale to Électricitié de France Project Description Supported depletion contract negotiations between PetroVietnam and BP group. Also led negotiations for a 15 year gas supply contract with Électricitié de France to run the Phu My 2.2 BOT power station PDC Activities Provided training to PetroVietnam on modern gas negotiation strategy and the role of a gas aggregator Provide input on balancing the requirements of purchasing a depletion contract and selling a supply contract Agreed negotiating position within PetroVietnam Attended most of gas negotiations between PetroVietnam and the BP group Project Completion Date 2000

Client Georgian International Gas Company Client Description State company responsible for gas transit from Shah Deniz field Project Location Georgia Project Name Transit fee negotiations Project Description Negotiations between Georgia and Azerbaijan for transit fees PDC Activities Provided to Georgia details of comparable gas transit fees in Ukraine and North Africa Participated in negotiations between Georgia and Azerbaijan Project Completion Date 2001

Client Kyrgoil Holding Corporation Client Description Public company on Toronto Stock Exchange Project Location Kyrgyzstan Project Name Sale of 50% holding in Kyrgyz Petroleum Company (KPC) Project Description KPC owned a 10,000 bopd refinery, petrol stations and exploration and production assets PDC Activities Prepared Information Memorandum Carried out advertising campaign Ran tender process Assisted in finalising agreement Project Completion Date 2003

Client Natural Gas Authority Client Description Government gas regulator Project Location Israel Project Name Purchase of gas from BG Gaza Marine field Project Description Negotiation to purchase gas by Government of Israel PDC Activities Worked on developing agreed head of terms Attended and led number of negotiation sessions Organised and reviewed technical presentation by BG Advised Government on negotiating strategy Advised Government on pricing Project Completion Date Current