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Katan Hirachand
Managing Director, Energy Project Finance
Societe Generale, United Kingdom
Mr. Katan Hirachand joined Societe Generale in December 2005 having spent the previous four and a half years at BG Group. He spent 18 months in the dedicated LNG Shipping team, which involved in a number of advisory and arranging roles that totalled debt levels of more than $10 billion in jurisdictions such as Nigeria, Indonesia and Angola. He joined SG’s Energy Project Finance team in mid-2007, where his remit stretches across oil & gas and includes LNG, refineries, pipelines and upstream transactions. Mr. Hirachand recently led the advisory on ERC the fuel oil upgrading, the largest energy project financing in Africa totaling USD 2.6 billion with a wide-range of investors including EIB, IFC, AfDB, JBIC, KEXIM, NEXI and others. The deal had a number of “firsts” including no pre-completion guarantees, domestic offtake and the principal sponsor being private equity.
Mr. Hirachand’s main specialization is LNG in light of his industry experience with BG, and accordingly, he also leads a number of LNG advisory deals including Brass LNG in Nigeria (for a strategic investor), and Persian LNG in Iran. He has also worked on the Bonny Gas Transport refinancing as an MLA and has advised on Nigeria LNG (trains 6 & 7) and Angola LNG (shipping). In addition, he is also leading a current upstream acquisition mandate in West Africa. Although a Chemist by background, his roles in BG were all commercial positions. His experience ranges right across the LNG chain and includes downstream markets. Prior to his roles in LNG, he was based in Brazil and Tunisia where he worked on Transmission & Distribution and Power, respectively.
Mr. Hirachand is a regular industry speaker and has spoken (and published papers) at Gastech and LNG 15 amongst others. He is often a plenary speaker and has a number of publications to his name. He holds a Ph.D. in Chemistry from King’s College London and is holder of the Tadion-Rideal prize for contribution to Molecular Science.
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