Latin American Upstream Oil and Gas

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