Owain T. Davies

Owain’s experience includes advising:

• Dhamra LNG Import Terminal, India: Advising the project company on the project refinancing of an existing LNG terminal in India
• Chlor Alkali (Caustic Soda) and Ethylene Dichloride Plant, Indonesia: Advising PT Chandra Asri Petrochemicals, the largest petrochemical producer in Indonesia, on EPC contracting arrangements for the development of a chlor alkali (caustic soda) and ethylene dichloride plant in Indonesia by its affiliate, PT Chandra Asri Alkali
• Papua LNG Project, Papua New Guinea — the ECAs and lenders on the project financing of the proposed Papua LNG Project in Papua New Guinea
• Ichthys LNG Project, Australia — the lenders on the US$20 billion project financing of the Ichthys LNG project, the largest project financing ever taken to market globally
• LNG Import Terminal Project, Philippines — the project owner on the development of an LNG import terminal in the Philippines
• LNG-to-Power Project, Philippines — the project owner on the development of a new-build LNG-to-power project
• Coal-to-Methanol Project, Indonesia — Air Products, as project owner, on the proposed development of a US$2 billion coal-to-methanol production facility in Indonesia, as the initial phase of a proposed US$15 billion investment in coal gasification to develop a green economy by cleanly converting Indonesian coal into high-value products with low emissions
• Sarulla, Muara Laboh, and Rantau Dedap Geothermal Power Projects, Indonesia — JBIC, ADB, and other lenders on the development and financing of the Sarulla, Muara Laboh, and Rantau Dedap geothermal power projects in Sumatra, Indonesia 
• Mong Duong II Power Project, Vietnam — the lenders on the development and financing of the 1,240 MW Mong Duong II power project — the largest independent power project ever undertaken in the country, and the first financing for an independent power project in Vietnam since 2003
• Roy Hill Iron Ore Project, Australia — Roy Hill Holdings on the project financing for the Roy Hill 1 iron ore project in Pilbara, Western Australia — one of the largest integrated mining projects in the world, consisting of the development of a very large high-grade iron ore deposit and the construction of the supporting port and rail infrastructure 
• Uch II Power Project, Pakistan — International Power and the project company as sponsor/borrower in the US$390 million development and financing of the Uch II power project — the first IPP facility put together under the new power policy introduced by the Pakistan government in 2002, and involving a shari’ah-compliant financing and mixed conventional/Islamic financing
• Rabigh Refinery Expansion and Petrochemicals Project, Saudi Arabia — Sumitomo Chemical on the US$9.8billion development and financing of an integrated oil refinery and petrochemicals complex in Saudi Arabia (a joint venture with Saudi Aramco). This project was named 2006 “Middle East Project Finance Deal of the Year” by International Financial Law Review*