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CMS Advises GAZ-System on Supplier Selection and FSRU Agreement with White Eagle Energy

CMS Advises GAZ-System on Supplier Selection and FSRU Agreement with White Eagle Energy

Poland
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CMS has advised gas transmission system operator GAZ-System in the process of selecting a supplier and executing a floating regasification unit chartering agreement with White Eagle Energy. Reportedly, Mayer Brown advised Mitsui.

White Eagle Energy is a part of the Mitsui O.S.K. Lines group.

According to CMS, "the project involves the construction of a floating terminal in the Gulf of Gdansk that will allow the unloading, in-process storage, and regasification of LNG. This will create a second LNG terminal in Poland, which is another important step towards the diversification of energy sources and the energy transformation of the Polish economy. The contract was executed for 15 years with the possibility of further extension and a guarantee of the right for GAZ-System to buy the FSRU."

The CMS team included Partner Marcin Bejm, Senior Associates Karol Jaworecki, Jakub Kot, Magdalena Czenko, and Pawel Ura, and Lawyers Dominika Markowicz and Laura Pytlinska.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

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