EFET Workshop on Master Trading and Collateral Agreements*

This workshop provides in depth coverage of the form Master Trading Agreements for both Power and Natural Gas, as well as addressing the EFET Form Credit Support Annex and various Appendices to the Master Agreements.

This Workshop is designed as an intensive, across-the-board training seminar for delegates now using or desiring to become familiar for the first time with the EFET Master Trading Agreements for Power (Version 2.1(a)) and Gas (Version 2.0(a)) currently the industry standard documents used to buy and sell electric power and natural gas throughout Europe. The Workshop will also cover the EFET Form Credit Support Annex (Version 1.0(a)) commonly used to secure trading exposures under individual Master Trading Agreements via the collection and return of collateral. And finally, the Workshop will examine each of the country and Hub-specific Appendices to the EFET Power and Gas Master Agreements:

• TTF Appendix and Guidelines (Dutch Gas)

• PEG Appendix (French Gas)

• ZBT Appendix (Zeebrugge Gas)

• NBP Appendix (English Gas)

• Gaspool Appendix (German Gas)

• EFET/AIGET PSV Appendix, Version 1.0 (Italy Gas)

• EFET/AIGET/ASSOELETTRICA Italian Electricity Appendix (Italy Power)

• ITAB/CEGH Appendix (Baumgarten Gas)

• GTMA Appendix (English Power)

• Emissions Allowance Appendices (Carbon and other Greenhouse Gas Emission Rights)

• EFET Coal Credit Annex (to the SCOTA published by GlobalCoal®)

The Workshop will provide a comprehensive introduction for those new to the industry or EFET’s form documents. And for those already using the EFET Master Trading and Collateral Agreements, the Workshop will provide a chance to:

• learn the history of the development of these documents,

• clarify specific issues with the industry expert on these agreements,

• examine in detail each of the key country and hub-specific Appendices developed by EFET to supplement the terms of its Master Agreements,

• understand why and how certain provisions came to be drafted the way they were,

• and brush up on the nuts and bolts of each of the EFET form Master Trading and Collateral agreements, as well as all related supplemental Appendices.

The Workshop is targeted at and will greatly benefit energy trading lawyers (both in-house and in private practice), contracts negotiators and administration managers, risk and credit managers and related personnel and all others who negotiate contracts and document trades in the European energy markets.

Chairman: John Varholy, London based Partner in the Energy Trade and Commodities Group of Reed Smith and long time Outside General Counsel to EFET.

*For this workshop separate registration is needed. Please go to the registration page to sign up for the workshop.