The new edition of a popular and highly regarded text, "Project Finance" examines the legal issues involved in the tendering, negotiation, financial structuring and management of infrastructure and energy projects. It provides detailed guidance on the specific parts of the many branches of law that are brought into play in a typical project financing, from large cross-border upstream oil and gas projects to small- to medium- sized PPP projects. It is not solely a legal work as it also gives advice on a multitude of commercial and financial issues and explains current market practice. It draws together a disparate subject into one reference source. It supplies clear, practice-focused advice on how the law works in commercial situations. It contains separate sections on the many different commercial sectors where project financings take place. It advises on a range of commercial and financial issues in addition to strictly legal topics. It features entirely new chapters on running competitions, how to structure a bid, LNG projects and projects in trouble. It includes expanded and updated coverage of finance documentation, public-private partnerships, risk allocation in power projects, cover ratios, and export credit agencies. It provides authoritative guidance - from the head of Allen & Overy's Projects Group.