Yaroslav Petrov

Partner

practice areas

industry sectors

Yaroslav focuses on energy law projects (oil & gas, electricity, renewable energy, and energy efficiency) as well as dispute resolution (international arbitration, and commercial litigation).

Recognition:

a highly regarded lawyer in Energy and Infrastructure, IFLR1000 2020
a recommended lawyer (Band 2) for Energy and Natural Recourses in Ukraine, Chambers Europe 2020
named a next generation partner in Energy, The Legal 500: EMEA 2020
a recommended lawyer in International Arbitration, Arbitration and Mediation, Best Lawyers 2020
listed among the leading lawyers in Energy and Natural Resources and as a notable practitioner for International Arbitration, Ukrainian Law Firms 2020. A Handbook for Foreign Clients

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Education:

Stockholm University (Sweden), LL.M in International Arbitration, 2007
Donetsk National University, LL.M in Commercial Law, 2006
University of Nebraska at Omaha (USA), International Business and Management, 2004
Admitted to the bar in 2009

Languages:

English, Ukrainian, Russian

Membership and activities:

International Bar Association
The Ukrainian Arbitration Association, Board Member, Secretary General (2013-2017)
The Ukrainian Bar Association, member of the Council of the ADR Committee
LCIA Young International Arbitration Group, Regional representative for Ukraine
ICDR Young & International, member
The European Business Association, Co-chair of the Fuel & Energy Committee
The Kiev Energy Research Institute, member
The Ukrainian Bioenergy Association, member
The Ukrainian Wind Energy Association, member
The American Chamber of Commerce, member of the Energy Committee
National reporter on behalf of Ukraine for KluwerArbitration.com and World Arbitration Reporter, published in Juris Publications
The Energy Community, member of the roster of experts

Arbitrator's listing:

Vienna International Arbitration Center (VIAC)
Vilnius Court of Commercial Arbitration (VCCA)
Lithuanian Arbitration Court
Georgian International Arbitration Centre
Kazakhstan International Arbitration
Court of Arbitration at the Confederation of Lewiatan (Poland)

Representative experience:

advised Eustream, a.s. (Slovak Gas TSO) on Ukrainian law matters related to the reverse gas supply to Ukraine from the Slovak Republic and the subsequent preparation of transactional documents executed by Eustream, a.s. with PJSC Ukrtransgaz, and NAK Naftogaz Ukrayni;
advised Nadra Yuzivs'ka LLC in regards to the negotiation and execution of the Production Sharing Agreement between Ukraine, Shell, and Nadra Yuzivs'ka LLC for hydrocarbons to be produced at Yuzivs'ka;
advised Nadra Oles'ka LLC in regards to the negotiation of the Production Sharing Agreement between Ukraine, Chevron, and Nadra Oles'ka LLC for hydrocarbons to be produced at Oles'ka;

advised Eustream, a.s. (Slovak Gas TSO) on Ukrainian law matters related to the reverse gas supply to Ukraine from the Slovak Republic and the subsequent preparation of transactional documents executed by Eustream, a.s. with PJSC Ukrtransgaz, and NAK Naftogaz Ukrayni;
advised Nadra Yuzivs'ka LLC in regards to the negotiation and execution of the Production Sharing Agreement between Ukraine, Shell, and Nadra Yuzivs'ka LLC for hydrocarbons to be produced at Yuzivs'ka;
advised Nadra Oles'ka LLC in regards to the negotiation of the Production Sharing Agreement between Ukraine, Chevron, and Nadra Oles'ka LLC for hydrocarbons to be produced at Oles'ka;
advised NAK Nadra Ukrayny in regards to the negotiation of the Production Sharing Agreement between Ukraine, ExxonMobil, Shell, OMV Petrom, and NAK Nadra Ukrayny for hydrocarbons to be produced at Skifs'ka;
advised international traders on the import and export of electricity;
advised international traders on the import of natural gas, the establishment of business in Ukraine, and licensing;
advised on the application of EFET contracts for the supply of gas to Ukraine;
performed the due diligence of oil and gas companies;
advised foreign and Ukrainian investors with respect to the legal regime for the exploration and production of oil and gas in Ukraine, including licensing, taxing, pricing, and options for investment (JAAs, PSAs);
advised investors on the implementation of renewable energy, including obtaining "green" tariffs (feed-in tariffs), energy efficiency, and waste-to-energy projects in Ukraine;
conducted the due diligence of companies in the renewable energy sector;
advised clients on various matters related to international arbitration, including the drafting of arbitration agreements, as well as the analysis of arbitration agreements’ validity;
represented clients in arbitration proceedings under the Rules of the Arbitration Institute of the Stockholm Chamber of Commerce, the American Arbitration Association (AAA), the Vienna International Arbitration Center (VIAC), and the International Commercial Arbitration Court of the Ukrainian Chamber of Commerce and Industry;
advised clients with respect to a global dispute resolution strategy purporting to protect its investments in Ukraine under the Product Sharing Agreement using international commercial, investment arbitration, and arbitration under the procedures provided by the Energy Charter Treaty;
represented clients in investment arbitration under ICSID Rules.