Trade & Sanctions Compliance for the Oil and Gas Industry

The oil & gas industry is facing new and uncertain tariff, export controls and economic sanctions compliance challenges as the Trump 2.0 era begins. Whether some restrictions are loosened or not, all change means more compliance work to be done-from evolving your program, updating policies, processes, rethinking cost and efficiencies- and beyond. Plus, the big question of how to approach business with partially sanctioned countries will remain at the forefront. Determining your organization’s comfort level and risk tolerance will continue to be one of the key, high stakes decisions affecting your business.

Three months into Trump 2.0, our panel of oil & gas trade and sanctions compliance experts will provide a special update on the Administration’s emerging policies and the industry-specific issues to flag now. Topics will include:

• The present and future of tariff, export controls and economic sanctions policies-and the industry-specific questions to address in the short-term
• China:
• Adapting oil & gas supply chains to comply with rapidly evolving trade controls, including possible tariffs
• Impact of an intensifying trade war with China, including greater complexity and cost to global oil & gas supply chains
• Russia: Will we see a thawing of Russia sanctions and a resumption of oil & gas trade, or will the administration strengthen sanctions to boost domestic production?
• Venezuela: Will a Trump White House return to its “maximum pressure” campaign and strengthen sanctions?
• Impact on the feasibility and profitability of energy projects in key markets