People

Vera de Gyarfas specializes in transactions involving energy projects in Latin America and Africa. A partner in our Projects and Construction practice, Vera represents companies engaged in all kinds of energy projects, handling negotiations of host government agreements as well as commercial agreements among companies in English, Spanish and Portuguese.

Vera represents companies in upstream exploration and production, liquefied natural gas and other natural gas projects under all types of host government agreements, including production sharing agreements, concessions/licenses, and operating services agreements. She also advises companies with respect to power projects, generation, transmission and distribution facilities, and advises petrochemical companies in developing specialized plants.

With particular experience in LNG, Vera negotiates and drafts investment agreements for host governments and other parties, analyzes existing regulations and government negotiations, and completes agreements for LNG sales and purchases, gas supply, and terminal usage, among others.

Vera is currently advising Anadarko on the Mozambique LNG project which, given the huge gas reserves found, could transform Mozambique into a major natural gas–producing country in the world. Vera heads the negotiation and drafting of the enabling legislation, investment agreement and ancillary agreements. The initial two-train phase of the project has an estimated value of US$15 billion.

Vera is recognized as a 2016 Women in Energy Honoree by Texas Lawyer, and is ranked in the 2016 Chambers Global for Energy and Natural Resources as an expert in the U.S. for Venezuela. She was also recommended in the 2015 Legal 500 Latin America, and listed as a leading practitioner in the 2015 International Who’s Who of Oil and Gas Lawyers.

A frequent author and speaker on energy topics, Vera is fluent in Spanish, English and Portuguese.

Full Bio

Credentials

Abogado, Universidad Catolica Andres Bello

Colegio de Abogados del Distrito Capital, Venezuela

Spanish

English

Portuguese

2016 Women in Energy Honoree


Texas Lawyer

Energy and Natural Resources: Foreign Expert in the U.S. for Venezuela


Chambers Global, 2016

Recommended in Latin America


Legal 500, 2015

Leading Practitioner


The International Who’s Who of Oil and Gas Lawyers, 2015

Natural Resources: Venezuela


Best Lawyers, 2010

Highly Recommended Individual: Venezuela


PLC Which Lawyer? 2009

Matters

LNG

Represents Anadarko in the development of an LNG project in Mozambique focusing on the negotiation and drafting of the investment agreement, enabling legislation, and ancillary agreements, including concession agreements for the LNG marine terminal facilities. Initial first-phase investment is estimated at US$15 billion.

Represented Gas Sayago (a company organized by ANCAP and UTE) in the development of a regasification terminal, drafting and negotiation of LNG SPAs.

Represented Petrobras in its participation in an offshore natural gas project (LNG) with PDVSA, including the negotiation of the terms and conditions of association.

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Matters

LNG

Represents Anadarko in the development of an LNG project in Mozambique focusing on the negotiation and drafting of the investment agreement, enabling legislation, and ancillary agreements, including concession agreements for the LNG marine terminal facilities. Initial first-phase investment is estimated at US$15 billion.

Represented Gas Sayago (a company organized by ANCAP and UTE) in the development of a regasification terminal, drafting and negotiation of LNG SPAs.

Represented Petrobras in its participation in an offshore natural gas project (LNG) with PDVSA, including the negotiation of the terms and conditions of association.

Represented Shell in its participation in an offshore natural gas project (LNG) with PDVSA Gas. This representation included analysis of constitution and legal provisions and drafting of the proposed association agreement.

E&P

Represents Chevron in the negotiation of a non-associated natural gas unitization unit and operating agreement of a trans-border straddling reservoir between Venezuela and Trinidad & Tobago.

Represents a Mexican company in the negotiation of two joint operation agreements for offshore blocks awarded in the first Mexican offshore tender.

Represented Phillips Petroleum in the negotiation, drafting, translation and implementation of the Hamaca Association Agreement with the Venezuelan National Oil Company — Petróleos de Venezuela, S.A. (PDVSA) for the establishment of an extra heavy crude oil project which included production of extra heavy crude oil and upgrading facilities. The representation also included acting for the project on the US$3.5 billion financing. The work also involved the implementation of local guarantees, the negotiation, drafting and implementation of EPC agreements for construction of the facilities, and utilities contracts and others necessary for the successful development of the projects.  

Represented Statoil in the negotiation, drafting, translation and implementation of the Sincor Association Agreement with PDVSA for the establishment of an extra heavy crude oil project which included production of extra heavy crude oil and upgrading facilities. The representation also included acting for the project in the US$1.2 billion financing and implementation of local guarantees, the negotiation, drafting and implementation of EPC agreements for construction of the facilities, and utilities contracts and others necessary for the successful development of the projects.

Represented Mobil Corporation in the negotiation, drafting, translation and implementation of the Cerro Negro Association Agreement with PDVSA for the establishment of an extra heavy crude oil project including project financing for US$900 million.

Represented Mobil Corporation in the negotiation, drafting, translation and implementation of the Cerro Negro Association Agreement with PDVSA for the establishment of an extra heavy crude oil project including project financing for US$900 million.

Represented Statoil in the migration of an extra heavy crude upgrading project into a joint venture (mixed company) project with PDVSA. This representation included analysis of protection of investments, possible international arbitration procedures, negotiation, and drafting of contractual and corporate documents to regulate the new JV.

Energy Infrastructure

Represented FertiNitro, (a JV between Pequiven, Koch, Snamprogetti and Empresas Polar) located in the Jose Petrochemical Complex in Venezuela, one of the world's largest nitrogen-based fertilizer plants, with nameplate daily production capacity of 3,600 metric tons of ammonia and 4,400 MT of urea with respect to all aspects of the business, including representing the project on the US$810 million financing.

Represented Pacific Infrastructure (Colombian company) in the negotiation, drafting and implementation of a project regarding the development of a pipeline, crude storage facilities and a terminal.

Represented Foster Wheeler Italiana as part of a consortium that executed an EPsCm contract to expand the El Palito refinery in Venezuela. This representation involved the negotiation and drafting of the EPsCm Contract.

Represented Empresas Y&V (a Venezuelan company) in the negotiation with Pequiven (state-owned petrochemical company) and the drafting and implementation of an EPC contract for the development of two petrochemical plants for the production of urea and ammonia.

Represented Braskem (a Brazilian company) in the negotiation, drafting and development of a JV with Pequiven (state-owned petrochemical company) for the construction, ownership and operation of two petrochemical plants for the production of polypropylene and olefins.

Represented LUBPVEN (a Venezuelan company) in the negotiation and acquisition of the CASTROL lubricant business in Venezuela. This representation included the incorporation of the Venezuelan company with 12 shareholders, plus the negotiation, drafting and implementation of all required contracts.

Represented EIP’s (a Portuguese electricity company) operations in Venezuela, including the development of EPC contracts for the construction of transmission lines and electricity substations.

Matters

LNG

Represents Anadarko in the development of an LNG project in Mozambique focusing on the negotiation and drafting of the investment agreement, enabling legislation, and ancillary agreements, including concession agreements for the LNG marine terminal facilities. Initial first-phase investment is estimated at US$15 billion.

Represented Gas Sayago (a company organized by ANCAP and UTE) in the development of a regasification terminal, drafting and negotiation of LNG SPAs.

Represented Petrobras in its participation in an offshore natural gas project (LNG) with PDVSA, including the negotiation of the terms and conditions of association.

See more
Icon close

Close

Matters

LNG

Represents Anadarko in the development of an LNG project in Mozambique focusing on the negotiation and drafting of the investment agreement, enabling legislation, and ancillary agreements, including concession agreements for the LNG marine terminal facilities. Initial first-phase investment is estimated at US$15 billion.

Represented Gas Sayago (a company organized by ANCAP and UTE) in the development of a regasification terminal, drafting and negotiation of LNG SPAs.

Represented Petrobras in its participation in an offshore natural gas project (LNG) with PDVSA, including the negotiation of the terms and conditions of association.

Represented Shell in its participation in an offshore natural gas project (LNG) with PDVSA Gas. This representation included analysis of constitution and legal provisions and drafting of the proposed association agreement.

E&P

Represents Chevron in the negotiation of a non-associated natural gas unitization unit and operating agreement of a trans-border straddling reservoir between Venezuela and Trinidad & Tobago.

Represents a Mexican company in the negotiation of two joint operation agreements for offshore blocks awarded in the first Mexican offshore tender.

Represented Phillips Petroleum in the negotiation, drafting, translation and implementation of the Hamaca Association Agreement with the Venezuelan National Oil Company — Petróleos de Venezuela, S.A. (PDVSA) for the establishment of an extra heavy crude oil project which included production of extra heavy crude oil and upgrading facilities. The representation also included acting for the project on the US$3.5 billion financing. The work also involved the implementation of local guarantees, the negotiation, drafting and implementation of EPC agreements for construction of the facilities, and utilities contracts and others necessary for the successful development of the projects.  

Represented Statoil in the negotiation, drafting, translation and implementation of the Sincor Association Agreement with PDVSA for the establishment of an extra heavy crude oil project which included production of extra heavy crude oil and upgrading facilities. The representation also included acting for the project in the US$1.2 billion financing and implementation of local guarantees, the negotiation, drafting and implementation of EPC agreements for construction of the facilities, and utilities contracts and others necessary for the successful development of the projects.

Represented Mobil Corporation in the negotiation, drafting, translation and implementation of the Cerro Negro Association Agreement with PDVSA for the establishment of an extra heavy crude oil project including project financing for US$900 million.

Represented Mobil Corporation in the negotiation, drafting, translation and implementation of the Cerro Negro Association Agreement with PDVSA for the establishment of an extra heavy crude oil project including project financing for US$900 million.

Represented Statoil in the migration of an extra heavy crude upgrading project into a joint venture (mixed company) project with PDVSA. This representation included analysis of protection of investments, possible international arbitration procedures, negotiation, and drafting of contractual and corporate documents to regulate the new JV.

Energy Infrastructure

Represented FertiNitro, (a JV between Pequiven, Koch, Snamprogetti and Empresas Polar) located in the Jose Petrochemical Complex in Venezuela, one of the world's largest nitrogen-based fertilizer plants, with nameplate daily production capacity of 3,600 metric tons of ammonia and 4,400 MT of urea with respect to all aspects of the business, including representing the project on the US$810 million financing.

Represented Pacific Infrastructure (Colombian company) in the negotiation, drafting and implementation of a project regarding the development of a pipeline, crude storage facilities and a terminal.

Represented Foster Wheeler Italiana as part of a consortium that executed an EPsCm contract to expand the El Palito refinery in Venezuela. This representation involved the negotiation and drafting of the EPsCm Contract.

Represented Empresas Y&V (a Venezuelan company) in the negotiation with Pequiven (state-owned petrochemical company) and the drafting and implementation of an EPC contract for the development of two petrochemical plants for the production of urea and ammonia.

Represented Braskem (a Brazilian company) in the negotiation, drafting and development of a JV with Pequiven (state-owned petrochemical company) for the construction, ownership and operation of two petrochemical plants for the production of polypropylene and olefins.

Represented LUBPVEN (a Venezuelan company) in the negotiation and acquisition of the CASTROL lubricant business in Venezuela. This representation included the incorporation of the Venezuelan company with 12 shareholders, plus the negotiation, drafting and implementation of all required contracts.

Represented EIP’s (a Portuguese electricity company) operations in Venezuela, including the development of EPC contracts for the construction of transmission lines and electricity substations.

Credentials

Abogado, Universidad Catolica Andres Bello

Colegio de Abogados del Distrito Capital, Venezuela

Spanish

English

Portuguese

2016 Women in Energy Honoree


Texas Lawyer

Energy and Natural Resources: Foreign Expert in the U.S. for Venezuela


Chambers Global, 2016

Recommended in Latin America


Legal 500, 2015

Leading Practitioner


The International Who’s Who of Oil and Gas Lawyers, 2015

Natural Resources: Venezuela


Best Lawyers, 2010

Highly Recommended Individual: Venezuela


PLC Which Lawyer? 2009