DETAILS

Overview

Tom Holmberg is a partner in the Global Projects Group at Baker Botts. He assists clients with energy projects and transactions around the world. He focuses on the development of liquefied natural gas (LNG), hydrogen, carbon capture, use, and storage (CCUS), and natural gas pipeline projects and transactions. He works with clients at all stages of such projects in areas that include project structuring, governmental approvals, and the negotiation of commercial agreements. He is the co-chair of the LNG, hydrogen and CCUS practice group.

Mr. Holmberg advises clients on an array of regulatory issues, including contract and tariff matters before the Federal Energy Regulatory Commission (FERC). He also represents clients before the Department of Energy (DOE) for authorizations to export and import natural gas under the Natural Gas Act.

Admission & Affiliations

District of Columbia Bar
Maryland State Bar
Association of International Petroleum Negotiators (AIPN)
Energy Bar Association
Washington Waldorf School, Trustees Council

J.D., Georgetown University Law Center 2000
Managing Editor, Law and Policy in International Business
B.A., Economics, University of Arizona 1993

Experience

Hydrogen, Carbon Capture, Use and Storage (CCUS), and Energy Transition

Major International Infrastructure Company – advise on joint venture and project development for a blue ammonia project in the U.S. Gulf of Mexico region
U.S. Midstream Company – advise on the development of a multi-state, cross-border low carbon ammonia export project, including regarding joint development agreement with potential joint venturers, advising on issues relating to carbon capture, and long-term ammonia offtake agreements
Global Food Corporation – advise on legal and commercial issues relating to the potential development of a carbon capture project in the U.S. Midwest
Sustainable Aviation Fuel Producer – advise on agreements for the sale of sustainable aviation fuel and associated environmental attributes to major domestic carrier
Pure-Play Green Hydrogen Developer – advise on the development of renewable-sourced hydrogen projects, including offtake arrangements, site lease arrangements, and power supply agreements and associated issues
Regulated Utility – advise on RFP process for the development of pilot hydrogen project
Regulated Utility – advise on build-transfer agreement for hydrogen electrolyzer to be used for fuel blending
Major International Infrastructure Company – advise on potential acquisition of major hydrogen production, storage and hydrogen-fueled power generation facility in the United States
One of the Largest Refiners in the United States – advise on commercial and regulatory considerations in respect of CCUS and low-carbon hydrogen production
Carbon storage developer – advise on a transaction for the sale of CO2 produced by the production of ammonia and related operation and maintenance arrangements
Major Automotive Manufacturer – advise on the drafting and negotiation of a hydrogen supply agreement for FCEV refueling facilities
Interstate Pipeline Company – drafting and negotiating an agreement for sale and purchase of emission reduction credits produced by methane reduction project
Renewable Diesel Producer – advise on agreement for sale and purchase of emission reduction credits in Louisiana
Land-owner – advise on regulatory and contractual considerations regarding the lease of property for purposes of developing permanent carbon sequestration project
Biodiesel Project Developer – advise on development of midwestern biodiesel project, including early investment and project structuring and development issues
Independent Power Producer – advise and draft project documents relating to wind power project
Clipper Wind Power – provide regulatory advice on the development of a wind project in Maryland

Liquefied Natural Gas (LNG)

Caribbean Utility – advise on agreement for sale of regasified LNG as part of fuel-switching project
International EPC Contractor and Offshore Infrastructure Provider – advising on LNG floating storage and regasification unit (FSRU) time charter
State-Owned Oil Company – advise on and negotiate LNG sale and purchase agreement for offtake from an LNG project in western Canada
Sempra LNG – project development counsel to Sempra LNG in respect of the Port Arthur LNG liquefaction project and project counsel to Sempra LNG marketing in respect of LNG sales and gas supplies for its North American LNG liquefaction projects currently under construction and development
Owner and Operator of Floating Storage and Regasification Units (FSRUs) and Other LNG Infrastructure Assets – advise on and draft a lease and maintenance agreement for a vessel, including terms for operation as an LNG carrier and an FSRU
European Utility – negotiating and drafting LNG sales and purchase agreements (with LNG vessel time charter) for export of LNG from U.S. LNG liquefaction project; advice on long-term and short-term LNG marketing arrangements; advice on gas supply arrangement
U.S. Utility – assistance with LNG-based fuel supply agreement, including LNG sales agreement and logistics agreement for the transportation and distribution of ISO containers of LNG to generation facilities
Cheniere Energy – negotiate long-term LNG sale and purchase agreements from the Sabine Pass LNG export facility; advise on LNG tolling arrangements and related agreements
Global Energy Company – advise, negotiate and draft precedent agreement and LNG sale and purchase agreement to support LNG supply for bid in South American power auction
Global Power Company – negotiation of LNG sales arrangement for delivery to LNG-to-power project in Panama
Project Sponsor – advise on regulatory aspects of pipeline transportation to supply gas to a greenfield LNG export facility in Canada
Various Energy Project Developers – represent and advise on siting, structuring and operation of LNG import and export terminals in North America and drafting of LNG customer agreements and shipping agreements
Various International Energy Marketers – advise on LNG terminal capacity and off-take arrangements around the world
Distrigas of Massachusetts LLC – advise on FERC regulatory matters
Petrobras – liquefied natural gas (LNG) sale and purchase agreement for the purchase of LNG into Brazil; advise on master LNG sale and purchase agreements for LNG transactions in various markets
Peru LNG – sale and purchase agreement for LNG from the Peru LNG project and the agreement for pipeline transportation of natural gas from Camisea fields to the LNG project
BP – sales and purchase agreement for LNG from Tangguh, Indonesia to Sempra Energy for delivery to Baja California, Mexico
Consortium of Energy Companies – representation regarding the development of natural gas resources in Venezuela for export as LNG
International Energy Company – assistance with the commercial structure of a small-scale, floating LNG export project in Colombia, including a gas sales agreement and time charter
Consortium of LNG Project Sponsors –advise on procurement of a fleet of up to five LNG carriers under long-term time charter, including structuring and assisting with the administration of the tender and bid evaluation process
Excelerate Energy – advise on authorization before the FERC and Department of Energy Office of Fossil Energy
Jordan Cove LNG – advise, negotiate and draft project documents, including Terminal Services Agreement and Common Facilities Agreement for LNG export facility
Various Financial Institutions – development of LNG trading models
Marathon – provide assistance with respect to arrangements for the sale of LNG from the Equatorial Guinea LNG project
LNG Investor and Offtaker – advise and negotiate contracts relating to development of LNG export project in British Columbia, Canada
Stream – develop LNG Master Sales Agreement for short-term sales of LNG
ConocoPhillips – advise on purchase of LNG from QatarGas
Asian Utility – negotiation and drafting of LNG sales contract for U.S.-sourced LNG
Global Power Company – advise on long-term LNG sales agreement in Dominican Republic
Citigroup – advise, draft, and negotiate LNG MSAs
Sempra – develop LNG Master Sales Agreement for spot and short-term LNG purchases and sales

Petroleum

Project Sponsors – advise of the BTC oil pipeline project from Azerbaijan to Turkey
Encore Acquisition Company – advise on oil and gas sale and purchase agreements
European Trading Company – advise on short-term LNG agreement
International Oil Company – project and risk evaluation of deepwater Gulf of Mexico acquisition and joint venture
Independent E&P company – advise and draft Master Services Agreement

Natural Gas and Natural Gas Liquids

Madison Gas and Electric Company – advise on FERC pipeline regulatory matters and advise on gas sale and purchase agreements
Integrated midstream pipeline operator – representation before FERC regarding various pipeline issues
Global power company – representation of a pipeline sponsor in a certificate proceeding before FERC, including related state issues
Project sponsor – development of a cross-border gas pipeline project in the Caribbean
Millennium Pipeline – advise on FERC tariff and contracting matters
Global Power Company – advise project sponsor on a proposed subsea pipeline for the transport of natural gas from the Bahamas to Florida
Manufacturing company – advise and comment on North American Energy Standards board (NAESB) gas sales agreement
U.S. Utility – advise on development of energy management agreement
U.S.-based LNG importer – advise and draft short-term NAESB gas sales agreement and special provisions and long-term bespoke gas supply agreements
Pipeline company – advise and draft precedent agreement for pipeline transportation agreement and gas storage agreement
Pipeline shipper – representation before FERC on dispute related to pipeline transportation agreement
U.S. Utility – advise and draft ISDA and gas supply agreement
International Oil and Gas Company – advise on regulatory and commercial matters associated with natural gas sales contracts in Alaska
Energy Infrastructure Developer – regulatory advice on gas storage project
U.S.-based LNG Importer – advise, draft and negotiate precedent agreements for capacity on proposed interstate natural gas pipeline

Energy Transition

Advising automotive manufacturer in the drafting and negotiation of a hydrogen supply agreement for FCEV refueling facilities
Advising major refiner regarding commercial and regulatory considerations in respect of low-carbon hydrogen production
Advising land-owner in respect of regulatory and contractual considerations regarding the lease of property for purposes of developing permanent carbon sequestration project
Advising project developer in all aspects of the development of a waste-to-energy project
Advising a carbon storage developer on a transaction for the sale of CO2 produced by the production of ammonia and related operation and maintenance arrangements
Interstate Pipeline Company – draft and negotiate agreement for sale and purchase of emission reduction credits produced by methane reduction project
Renewable Diesel Producer – advise on agreement for sale and purchase of emission reduction credits in Louisiana
Merchant Generation Company – regulatory and appellate proceedings relating to energy markets in the western United States
Clipper Wind Power – provide regulatory advise on the development of the Criterion wind project in Maryland
Independent Power Producer – advise and draft project documents relating to wind power project
Carbon Storage Developer – advise on a transaction for the sale of CO2 produced by the production of ammonia and related operation and maintenance arrangements
Biodiesel Project Developer – advise on development of midwestern biodiesel project, including early investment and project structuring and development issues

News

See More News

January 2024 News Release Carbon Capture and Green Hydrogen: The Renewables Expansion Continues

04 January 2024 News Coverage 3 questions will shape Biden’s hydrogen plan

15 November 2023 News Coverage DOE’s $8B Hydrogen Hub May Kickstart Venture Capital, Corporate Investments

22 March 2023 News Release Baker Botts Represents Sempra Infrastructure on Port Arthur LNG Phase 1 Project LNG Tanker

23 November 2022 News Release Baker Botts Represents Sempra Infrastructure in Strategic Partnership with ConocoPhillips for Port Arthur LNG LNG Tanker

22 August 2022 News Release Baker Botts Recognized as a "Recommended Firm" by Latin Lawyer

17 February 2022 News Release Baker Botts Earns Seven 'Band 1' Practice Rankings and a 20% Increase in Individual Lawyer Rankings in Chambers Global 2022

08 December 2021 News Coverage The hydrogen economy: instrumental to achieving clean energy targets

21 September 2021 News Coverage Biden Has Wielded Executive Actions to Propel Oil and Gas Agenda

02 September 2021 News Coverage Sustainability needs global common standards; fossil fuels part of carbon neutral future

11 June 2021 News Release Baker Botts Expands Top Rankings Across Entire Spectrum of the Energy Sector

20 May 2021 News Release Baker Botts’ Practices and Lawyers Take More Top Spots in Chambers USA 2021

January 2024 News Release Carbon Capture and Green Hydrogen: The Renewables Expansion Continues

04 January 2024 News Coverage 3 questions will shape Biden’s hydrogen plan

15 November 2023 News Coverage DOE’s $8B Hydrogen Hub May Kickstart Venture Capital, Corporate Investments

Thought Leadership

See More Thought Leadership

09 August 2024 Blog Post Japan tightens low-carbon ammonia standards to align with the U.S. and Europe

08 March 2024 Blog Post Proposed 45V Credit Rules Get Pushback

01 March 2024 Blog Post Twelve and IAG Sign Sustainable Aviation Fuel Agreement

15 February 2024 Blog Post Is the proposed 45V guidance too restrictive?

26 December 2023 Client Updates Section 45V Clean Hydrogen Production Tax Credit - IRS Releases Proposed Regulations

18 December 2023 Client Updates Section 40B Guidance: A Flexible Sustainable Aviation Fuel Tax Credit or an Exclusionary Standard?

17 October 2023 Client Updates DOE Selects Nation's First Hydrogen Hubs

10 July 2023 Speeches & Presentations Using Environmental Attributes and Blockchain to Promote Transparency and Liquidity in the Gas Trade

01 June 2023 Podcast Environmental Evolutions: Carbon Markets Creating Value Today and in the Future

26 April 2023 Client Updates DOE Reaffirms 7 Year Deadline for Natural Gas Exports to Non-FTA Countries - Requires Two Part Showing for Any Extensions

07 September 2022 Speeches & Presentations Carbon-Neutral LNG: Emissions Intensity (Session 2)

22 August 2022 Client Updates Clean Hydrogen and Fuel Cell Incentives in the Inflation Reduction Act of 2022

09 August 2024 Blog Post Japan tightens low-carbon ammonia standards to align with the U.S. and Europe

08 March 2024 Blog Post Proposed 45V Credit Rules Get Pushback

01 March 2024 Blog Post Twelve and IAG Sign Sustainable Aviation Fuel Agreement

Awards and Community

Recognized by Chambers USA, 2021, 2022 & 2023

Recognized in Who's Who Legal Energy (Law Business Research Ltd), 2014-2016

Sectors

Practices/Industries

People

Overview

Admission & Affiliations

Experience

Awards and Community

People

By Last Name

Services

Sectors

Practices / Industries

Experience

Practices / Industries

Regions

Info Hubs

News

Thought Leadership

Events

Geographies