People

Vera de Gyarfas specializes in transactions involving energy projects in Latin America and Africa. A partner in our Corporate Finance and Investments 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 was recognized as a 2016 Women in Energy Honoree by Texas Lawyer, she is ranked in the Legal 500 2018 Powerlist as an expert in Mexico's energy sector and is ranked in the 2018 Chambers Global for Energy and Natural Resources as an expert in the U.S. for Venezuela. She was also recommended in the 2018 Legal 500 Latin America, and listed as a leading practitioner in the 2018 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

Texas Foreign Legal Consultant

Colegio de Abogados del Distrito Capital, Venezuela

Portuguese

Spanish

Vera was selected as a leading US-based lawyer with a specialist focus on Mexico


The Legal 500 Private Practice Powerlist 2019

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Recognition

Vera was selected as a leading US-based lawyer with a specialist focus on Mexico


The Legal 500 Private Practice Powerlist 2019

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.

Represents MPL in the development of an LNG project in Puerto Libertad in Mexico, the work involves the negotiation of natural gas supply agreements and structuring of the project.

Represents CESPM in the development of an LNG import terminal in the Dominican Republic.

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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.

Represents MPL in the development of an LNG project in Puerto Libertad in Mexico, the work involves the negotiation of natural gas supply agreements and structuring of the project.

Represents CESPM in the development of an LNG import terminal in the Dominican Republic.

Represents Woodfibre in the drafting and negotiation of an LNG Sales and Purchase Agreement.

Represented a Japanese company in the analysis and evaluation of the potential acquisition of an LNG to power project in Panama.

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 Sierra Oil & Gas in the sale of the entity to DEA.  Sierra holds 6 blocks in Mexico.

Represents PetroRio in its acquisition of interest in the Frade field in Brazil.

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

Represented Sierra Oil & Gas in the negotiation of four joint operation agreements for offshore blocks awarded in the Mexican offshore tenders.

Represented WoodMac in the development of a benchmark study comparing upstream Mexican and US contracts.

Represented a Japanese company in the analysis for the potential acquisition of upstream interests in Vaca Muerta, Argentina.

Represented a French company in the projected acquisition of a minority participation in a Venezuelan mixed company with PDVSA.

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

Representing the Puerto Rico Electric Power Authority (PREPA) in the analysis and drafting of contracts related to gas fired power plants and other service contracts. 

Representing a US company in the development of a CGL project in Colombia.

Representing a US company in the development of a gas fired power plant project in Brazil.

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.

Represents MPL in the development of an LNG project in Puerto Libertad in Mexico, the work involves the negotiation of natural gas supply agreements and structuring of the project.

Represents CESPM in the development of an LNG import terminal in the Dominican Republic.

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.

Represents MPL in the development of an LNG project in Puerto Libertad in Mexico, the work involves the negotiation of natural gas supply agreements and structuring of the project.

Represents CESPM in the development of an LNG import terminal in the Dominican Republic.

Represents Woodfibre in the drafting and negotiation of an LNG Sales and Purchase Agreement.

Represented a Japanese company in the analysis and evaluation of the potential acquisition of an LNG to power project in Panama.

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 Sierra Oil & Gas in the sale of the entity to DEA.  Sierra holds 6 blocks in Mexico.

Represents PetroRio in its acquisition of interest in the Frade field in Brazil.

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

Represented Sierra Oil & Gas in the negotiation of four joint operation agreements for offshore blocks awarded in the Mexican offshore tenders.

Represented WoodMac in the development of a benchmark study comparing upstream Mexican and US contracts.

Represented a Japanese company in the analysis for the potential acquisition of upstream interests in Vaca Muerta, Argentina.

Represented a French company in the projected acquisition of a minority participation in a Venezuelan mixed company with PDVSA.

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

Representing the Puerto Rico Electric Power Authority (PREPA) in the analysis and drafting of contracts related to gas fired power plants and other service contracts. 

Representing a US company in the development of a CGL project in Colombia.

Representing a US company in the development of a gas fired power plant project in Brazil.

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

Texas Foreign Legal Consultant

Colegio de Abogados del Distrito Capital, Venezuela

Portuguese

Spanish

Vera was selected as a leading US-based lawyer with a specialist focus on Mexico


The Legal 500 Private Practice Powerlist 2019

Icon close

Close

Recognition

Vera was selected as a leading US-based lawyer with a specialist focus on Mexico


The Legal 500 Private Practice Powerlist 2019