Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP) Graduate School of Natural Resources Law, Policy and Management, University of Dundee • Short Course Training for Key Stakeholders in the Ugandan Natural Resource Sector • CEPMLP in collaboration with AIMPER Centre for Energy, Petroleum and Mineral Law and Policy Graduate School of Natural Resources Law, Policy and Management University of Dundee Carnegie Building Dundee, Scotland, UK t: +44 (0) 1382 384300 f: +44 (0) 1382 385854 www.cepmlp.org CEPMLP and AIMPER About Us Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP) at the University of Dundee The Centre for Energy, Petroleum and Mineral Law and Policy sits within the Graduate School of Natural Resources Law, Policy and Management at the University of Dundee, Scotland and is the internationally renowned graduate school in the field of international business transactions and natural resources and energy law and policy. Our interdisciplinary approach to teaching, research and consultancy provides a unique perspective on how governments, business and communities operate, providing the professionals of today with the ability to meet the challenges of tomorrow. CEPMLP maintains close links with government ministries, non-government agencies (NGOs) and international institutions worldwide, as well as partnerships with leading industry players. CEPMLP is the leading institution for research and postgraduate teaching in its field and currently has over 600 postgraduate students from more than 50 countries on Masters and Doctoral programmes of study. All the short courses listed have been certified and each participant will receive a declaration of attendance signed by CEPMLP and the Course Director. Africa Institute for Minerals, Petroleum and Energy Resources (AIMPER) The Africa Institute for Minerals, Petroleum and Energy Resources (AIMPER) is an education institute based in Kampala, Uganda whose focus is provision of unrivalled education services in Petroleum, Mineral and energy studies. AIMPER is currently working with Uganda Christian University (UCU) to provide post-graduate diplomas and certificates in matters of Law, Policy, Economics and Management in relation and as applicable to natural resources. The Institute is now working with the Graduate School of Natural Resources Law, Policy and Management at the University of Dundee, to provide University of Dundee masters’ programs on long distance as well as short courses. This is in addition to AIMPER being the Africa sub-region partner for the World Bank backed University of Dundee project, the EI-sourcebook. These partnerships are expected to grow and include further areas of cooperation in research, training and publication. The focus of the Institute is providing solutions to African petroleum, mineral and energy challenges through education, research, advocacy and information dissemination. The abundance of petroleum, mineral and energy resources in Africa is undoubted as is the need and necessity for knowledge to effectively exploit and manage them for economic development. AIMPER and its partners are stepping in to provide these services at an affordable cost but more importantly in a manner that provides answers to challenges in this sector. “ There is a need for people who understand the industry issues for government, for the industry itself, for the investors, for the lenders, for the regulators. Young people have an opportunity to join an industry that is growing. We need energy, we need more energy, we need energy now. Stephen Dow, Lecturer in Energy Law, CEPMLP ” CEPMLP and Postgraduate Education Opportunities At CEPMLP, students have a choice of over 40 modules which are delivered by our full-time academics and global faculty. All full-time students start their studies with an intensive three week programme which covers the basic principles of law, economics, finance, production of petroleum and graduate research methodology before selecting their core and elective modules. Distance Learning With the CEPMLP Distance Learning Programme, you have the option to gain a valuable qualification at your own pace without having to leave your full-time career on hold as well as the opportunity to access the teaching quality and research expertise that CEPMLP is known for. CEPMLP has seven specialised distance learning degrees available. MSc Energy Studies Specialist LLM (Master of Laws) The specialist LLM programmes at CEPMLP are unique in the fact that they offer a conceptual education in both the regulatory framework, general and specific transactions and basic business skills combined with a specialised orientation provided by the wide range of electives. This flexibility allows the student to pursue their specific areas of interest through the specialised electives, whilst at the same time being provided with a theoretical underpinning via the core regulatory framework and international business law components of the LLM. Natural Resource Focused Business and Management CEPMLP business and management degrees offer an insight into the relationships between the public and private sectors and the community at international and national levels. CEPMLP offers a wide range of modules contextualised for the energy and natural resources, enabling students to pursue a specific area of interest, while developing their skills and professional competence to excel in a sector where continuous innovation is crucial to productivity and growth. This interdisciplinary MSc programme offered by CEPMLP is unique in its content, design and delivery. It ensures a global understanding of the energy sector and its vital challenges from an economic perspective enriched and supplemented by inputs from other fields such as law, finance and management. This programme is appropriate for economists and non-economists who intend to develop analytical, problem solving and evaluation skills to analyse real world issues facing the energy sector internationally. PhD Programme at CEPMLP CEPMLP is a globally-leading institution of high level academic research and training in the field of natural resources law, policy and management. The PhD programme adopts a deliberately multidisciplinary ethos to research and scholarship so as to prepare the new generation of analysts for the multi-faceted challenges of the natural resources industry. Training for 2013 Revenue Management in Uganda Opportunities and Challenges 7 - 11 April 2014 Level: This is an introductory level course Cost: US$1250.00 per delegate Why attend: This course is intended to provide an introduction to and overview of the key issues and considerations involved in managing petroleum wealth. It underscores the importance of careful attention to revenue management challenges in oil-rich countries, and examines the options available to government decision-makers at each point along the petroleum value chain from fiscal design and administration, through savings and expenditure policies, to over-arching institutional and governance concerns. The course will be held over 5 days and will combine lectures with opportunities for group participation and discussion. Frequent reference will be made to individual country examples, including Uganda. “ Very lively discussions presenters, the were practitioner very relevantsuch and Impressively practical,and relevant and spot ontopics for a legal stimulating.... as myself..... SamKaggwa, Ahamya, Ahamya Associates Uganda Brian Impala Legal, Advocatsand andAdvocates, Consultants, Uganda ” Training for 2013 The Revenue Management in the Natural Resource Sector course will cover: • Special characteristics of the petroleum sector Discussion of those sector characteristics that are especially relevant to revenue management policies and practice. • Opportunities and challenges: why revenue management matters A review of global experience in the management of petroleum wealth. Discussion of the incidence and impacts of the so-called resource curse or paradox of plenty, and of apparent technical and political causal factors. • Fiscal design for the petroleum sector Fiscal objectives of the host government and of potential investors. The fiscal instruments and fiscal packages available to meet those multiple objectives. Special fiscal topics (e.g., transfer pricing, and capital gains taxation) • Fiscal administration Aligning fiscal design and administrative capacity. Obstacles to efficient administration and suggested responses. Institutional design issues. • Saving policies and practice Considerations bearing on the savings vs. consumption trade-off. The importance of forecasting capacity and macroeconomic planning frameworks. Savings instruments (e.g., resource or petroleum funds, fiscal responsibility rules). • Expenditure policies and practice The trade-off between current consumption and investment. Selection of investment priorities. Alignment with developmental objectives and country context. Making room for the private sector. • Institutional and governance issues Institutional roles and responsibilities vis-à-vis the petroleum sector. Special issues related to national oil companies. Investor and civil society roles. Transparency trends. Ensuring credibility and accountability. Importance of the political context. “ I have foundpractical, the seminar enriching academically andpractitioner professionally, Impressively relevant and spot on for a legal such gaining a new perspective from seminar director, as well as from the asthe myself..... other delegates Brian Kaggwa, Impala Legal, Advocats and Consultants, Uganda Wilfredo Caceres Ghisilieri, De Bracamonte, Haaker & Castellares Abagodos, Peru ” Training for 2013 Environmental Management and Extraction of Natural Resources 23 - 25 April 2014 Level: This is an advanced level course Cost: US$1000.00 per delegate Why attend: The need to address possible environmental impacts of resource-related activities has become one of the primary concerns of both governments and industry in developed and, in particular, developing countries. National and International Environmental Regulation of the Extractive Industry, especially petroleum and mining is a relatively recent phenomenon. Awareness and proper understanding of the industry is imperative for the successful management of resource enterprises and their supervision and control by government authorities The course will cover: The seminar will focus on environmental regulatory frameworks, both national and international, paying particular attention to the principal concepts, methods and approaches to environmental protection, pollution prevention and control. It will address a range of issues relevant to natural resource industries: oil and gas exploration and production, mining, and water resources management. The aim is to introduce the participants to the cutting-edge and innovative strategies and models of environmental regulations, which go beyond traditional adversary approaches to environmental management. National Environmental Law: • Principles • Standards, control points • Administration • Tools • Enforcement Issues in International and National Environmental Regulations : • Environmental regulation of the oil and gas industry • Environmental regulation of mining • Environmental aspects of water resource management International Environmental Law: • Basic concepts, notions and principles • Impact on national regulations • Enforcement and dispute resolution • Principal international agreements and regimes “ A very useful, practical session. The simulation session was extremely helpful. Seeing things from the government/host country and operator perspective was invaluable. Overall, time well spent. Sadia Chinery-Hesse, Ghana ” Training for 2013 Arbitration in the Oil & Gas World How to manage disputes 7-9 May 2014 Level: This is an advanced level course Cost: US$1000.00 per delegate Why attend: Oil and gas contracts usually contain provisions for referring disputes to international arbitration. Parties to these contracts and governments monitoring them need to understand what this entails. This course takes participants through the kinds of dispute that can trigger international arbitration and what parties do in the various stages to manage their relationship in the complex world of ad hoc and institutional arbitration. The course will cover: • Typical subjects of dispute in oil and gas: African examples; • Key concepts and instruments (e.g BITs); • Key cases in the history of oil and gas; • Some recent disputes and the results; • Tax issues; • How to manage a dispute. “ A wonderful academic and professional experience. Couldn’t find such first hand practical professional experience from practising practitioners of the industry anywhere else.... Nana Akua Agyei, Ministry of Justice & Attorney General’s Department, Ghana ” Training for 2013 Project Financing for Infrastructure 28 - 30 May 2014 Level: This is an advanced level course Cost: US$1000.00 per delegate Why attend: This course looks at the provision of limited recourse finance for private investment in infrastructure. Once a sector is open to private companies - either domestic or foreign - the new participants need to raise money. Infrastructure projects can often be structured “off balance sheet” - the bank will be paid only from the proceeds of the project, and not from the other funds of the investor. That clearly restricts the bank’s range of options if the project starts to go wrong, so a huge amount of work goes into analysing the project risks and structuring agreements such that the bank is taking a mitigated risk, rather than a true equity risk. Closing a project financed deal can take months - an understanding of the risks involved in oil projects, gas projects, mining projects, pipelines, and power is crucial. Understanding the interests of the sponsors, the lenders, and all the other participants (including the government) is key to being able to negotiate through the process. This course looks at the classic risks involved in resource and infrastructure projects, and the mechanisms by which risks can be moved to, or shared with, the most appropriate party - usually the party who can bear the risk at least expense. After attending, parties will understand the issues involved in closing a project financed deal. “ Excellent programme. The lecturers were knowledgeable and thorough Esi Addo-Ashong, Newmont Ghana Gold, Ghana ” Training for 2013 The Project Financing for Infrastructure course will cover: The Project and the Players • definition of the project • role of the banks • banking syndicates and internal rules • structural choices for the total debt • equity provision and debt provision Role of the Government • project licence / consent • ancillary consents • structural support for projects • role of state company • state is not a borrower - provision of state finance Hydrocarbon Projects • oil and access to rent • conservative lending assumptions • access to international markets • access to domestic markets Gas projects • production and guarantees of offtake • gas prices and subsidies • gas pipelines and terminals Minerals Projects • market access • different types of minerals • gold - borrowing in gold for gold mining “ Power Projects • generation - partially liberalised markets • offtake and market access • subsidy and pricing of power • socialising costs and excess generation capacity Dealing with subcontractors • service companies • specialist subcontractors • liability regimes and caps • predictability of cost • turnkey projects Issues for Lenders • currency conversion • repatriation • mitigation strategies • selling debt during a project • refinancing to pay off initial loans • role for bonds • commercial dispute resolution Government • laws and regulation to facilitate allocation of risk • risks the state company might be asked to take • risks the government might have to take • stabilisation • investment arbitration Due to CEPMLP reputation I was expecting a good course but it really surprised me. It was much better than I had even expected! Lots of information and an intense but worthy programme that brings together not only theoretical information but also lots of practical issues Daniel Pettersen, Mendo de Souza Advocados, Brazil ” CEPMLP and Postgraduate Education Opportunities CEPMLP Degree Programmes Specialist LLM (Master of Laws) Programmes One year intensive specialist on campus • Climate Change and Energy Law and Policy • Energy Law and Policy • Environmental Law and Policy • International Business Law and the Extractive Industry • International Dispute Resolution and Management in the Extractive Industry • Mineral Law and Policy • Natural Resources Law and Policy • Oil and Gas Law and Policy • Petroleum Taxation and Finance • Water Law Specialist Distance Learning • Energy Law and Policy • Mineral Law and Policy • Natural Resources Law and Policy • Oil and Gas Law and Policy Specialist MBA & MSc Programmes - Business & Management One year intensive specialist on campus • MBA in International Mineral Resources Management • MBA in International Oil and Gas Management • MSc in International Oil and Gas Management • MSc Managing in the Energy Industries Specialist Distance Learning • MBA in International Mineral Resources Management • MBA in International Oil and Gas Management Specialist MSc Programmes One year intensive specialist on campus • Climate Change Economics and Policy • Energy Studies with Specialisation in Energy and the Environment • Energy Studies with Specialisation in Energy Economics • Energy Studies with Specialisation in Energy Finance • Energy Studies with Specialisation in Energy Policy • Energy Studies with Specialisation in Oil and Gas Economics Specialist Distance Learning Research Degrees PhD and LLM • Energy Studies without specialisation Training for 2013 Contact Us: All applications to attend the short courses should be addressed to CEPMLP who will be dealing with all registrations and monies. Delegates can sign up at www.cepmlp.org/online Any informal enquiries to: Hugh Gunn Centre for Energy, Petroleum and Mineral Law and Policy University of Dundee Carnegie Building University of Dundee Dundee DD1 4HN T +44 (0)1382 384300 F +44 (0)1382 385854 E h.j.b.gunn@dundee.ac.uk Brian Ntambirweki Africa Institute for Minerals Petroluem and Energy Resources 5th Floor, The Guardian, Plot 67, Spring Road, Bugolobi, Kampala P.O Box 16361, Kampala,Uganda T +256 (0)782 300455 E bmntambirweki@gmail.com CEPMLP in collaboration with AIMPER Centre for Energy, Petroleum and Mineral Law and Policy Graduate School of Natural Resources Law, Policy and Management University of Dundee Carnegie Building Dundee, Scotland, UK t: +44 (0) 1382 384300 f: +44 (0) 1382 385854 www.cepmlp.org