White & Case advises KEFTS on LNG Sale and Purchase Agreement

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Global law firm White & Case LLP has advised Kansai Electric Power FTS Pte. Ltd. (KEFTS) on a Sale and Purchase Agreement (SPA) for the procurement of liquefied natural gas (LNG) from Oman Liquefied Natural Gas L.L.C.

"We advised KEFTS on an important SPA transaction which not only enhances its LNG capabilities, but also reinforces its position in the global LNG market," said White & Case partner Paul Harrison, who led the Firm's deal team. "The White & Case team helped ensure a successful outcome for our client and the deal underlines our experience and expertise in the energy sector, particularly advising on LNG deals."

The agreement, finalized on October 6, 2024, represents a strategic milestone for KEFTS as it aims to grow and strengthen its LNG portfolio, support Kansai Electric Power Group's LNG supply-demand position and meet the needs of customers around the globe.

KEFTS is a fully-owned subsidiary and the LNG trading entity of The Kansai Electric Power Co., Inc., a major Japanese utility.

The White & Case team in Tokyo which advised on the transaction was led by partner Paul Harrison and counsel Michael Richter and included associate Emily Jiang. 

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