
AELEX
Lawyers

Olusina Sipasi
- Email[email protected]
- Social
Work Department
Energy, Environment, Corporate Commercial and Banking & Finance
Position
PARTNER
Career
Sina is a Partner in the firm’s Energy, Environment, and Corporate/Commercial Practice Groups. He has advised on structuring joint venture arrangements for oil exploration and acquisition of upstream assets. He has also advised, drafted and negotiated various upstream agreements including drilling contracts, oil terminal agreements and crude lifting agreements.
He has been involved in advising governments, multinational oil companies and project developers on diverse contractual regulatory and policy issues. He was involved in the design of a HSE regulatory compendium for major oil companies. He has advised several clients on gas sales and transportation issues, establishment of gas processing facilities and on environmental obligations associated with project development. He has drafted and negotiated engineering, procurement & construction contracts for the design and construction and installation of gas processing facilities.
He was involved in the development of the National Gas Supply and Pricing Policy and the subsequent Regulations developed to implement the Policy. Sina played a key role in developing and drafting the template gas supply and gas transportation agreements which underpin domestic supply of gas in Nigeria and detail the commercial arrangements and risk allocation among suppliers, purchasers, transporters and shippers of gas. He has trained senior executives of power generation companies on gas utilization, offtake and transportation contracts. He advised a syndicate of lenders on an $800 million refinancing of an oil mining lease and a multi-national mobile network operator in respect of its proposed $200 million financing for the purchase of network infrastructure. He has also advised a lender on a $50.6 million ECA loan for on-lending to sponsors of a real estate development project in Lagos, and a gas processor on its gas purchase, processing and supply project.
Languages
English
Memberships
Nigerian Bar Association
International Bar Association
Education
BL, Nigerian Law School.
LL.B, Lagos State University.