Alongside the risk of political instability, war, piracy, and supply chain and other disruptions, sanctions risk increasingly looms large for global energy sector players.
Presented by Baker Botts’ International Trade practice lawyers in association with WorldECR, this webinar takes a tour de horizon of the sanctions compliance issues confronting the energy sector and:
- Identifies and articulates geographic and regulatory areas of risk;
- Discusses emerging threats and opportunities; and
- Pinpoints typical weak points in companies’ compliance programmes and suggests strategies for improvement.
Drawing on the experience of Baker Botts’ lawyers in the United States, United Kingdom and European Union, we take a multijurisdictional and long-term approach to major ‘hot spots’ for energy companies including:
- Iran, in the context of potential relaxation of US secondary sanctions;
- Russia (including the Nordstream2/Turkstream2 pipelines);
- Belarus, in the context of recent EU sectoral sanctions targeting (among others) petroleum products; and
- Venezuela (and the Latin American region).
We will explore the risk potential posed by various kinds of exposures such as joint ventures, choice of shipping route or refinery, and how sanctions can impact companies differently depending on their domicile and corporate structure.
This webinar will be of interest for compliance professionals working in the energy sector, consultants, banks, and insurance and shipping companies.
Please note: This webinar is available FREE to compliance professionals working in the energy sector and related fields (e.g., finance and insurance). A condition of free attendance is that contact details will be shared with the speakers. To register for free, please contact info@worldecr.com.
