B.A. Hons Law & Philosophy; LL.M; ACIArb.
Fellow of the International Bar Association.
Associate Member of the Chartered Institute of Arbitrators of England and Wales.
Member of The Honourable Society of Lincoln’s Inn London.
Member International Association Contracts and Commercial Management.
Member Chatham House
Mob: +971 50 457 2212
Parmi’s experience over 30 years, 25 of which were with Shell International, in the international market covers legal, contractual, commercial, dispute resolution and stakeholder relationship advice in negotiations with host governments and oil and gas companies for, and during execution of, production sharing contracts, concession agreements, Buy-Back agreements, LNG agreements, Gas Sales and Purchase agreements, technical services agreements and other agreement formats. He also has experience in Islamic Financing.
He has also developed in-house training programmes in Contracts Management and conducted training for Shell’s contracting staff in the South East Asian Region. He currently conducts training for Senior Management personnel in “soft skills” training and for lawyers.
He has extensive experience in sanctions legislation (US and EU), export controls compliance and has developed and implemented a robust compliance programme, focusing on Iran and Syria.
Parmi has in depth knowledge of working practices and contractual constructs in a variety of jurisdictions including Malaysia, India, Pakistan, Egypt, Saudi Arabia and the Middle East & North Africa (MENA) region.
In addition to the above core expertise, Parmi has extensive knowledge and practical experience of arbitration, both from the prospective of lead legal advisor advising a Respondent and also as an arbitrator appointed by a Claimant. In all cases, Parmi adopts a conciliatory approach, urging parties towards the settlement of disputes, ideally through mediation. Where settlement is not possible, Parmi has the skills, aptitude and energy to drive a process forward and to decisions, based on facts presenting his findings clearly and succinctly.
Parmi’s arbitration experience is varied and he has been a lead legal advisor for arbitrations under the auspices of the Kuala Lumpur Regional Centre for Arbitration and the Cairo Regional Centre of Arbitration and in Oman employing UNICITRAL and ICC Rules. These disputes concerned major construction and contractual claims valued between US$ 200 mln to US$300 mln. He has also been involved in the drafting of arbitration awards.
Parmi has also acted as arbitrator as part of a three man panel in a case involving an Agency Agreement involving an international joint venture in a contractual claim of approximately US$60 mln.
He established KPLC in 2010, after retiring from Shell, and provides advice and consultancy to IOC, NOCs, independent small and medium oil companies and Service companies in the oil & gas industry.
In addition to the above, Parmi currently advises several IOCs, NOCs and SOEs on their strategy for entering and re-entering Iran in light of the JCPOA. His advice covers strategy, compliance, governance, legal, contractual and commercial aspects. Specifically his advise has covered the following issues:
Timing of Iranian barrels?
Sense of when production increases or does it?
How easy or difficult it is to restart production?
Infrastructure – where will the oil be exported?
What barriers exist if any once US sanctions are lifted?
Where does Iran oil growth go from here?
Local partner requirements
Local content requirements
The process of approval for foreign companies to come back into the country
Any other regulatory requirements
In addition he has expert knowledge and first hand insight into the current Iranian Buy Back contract and the review of the same currently being undertaken towards development of the Iranian Petroleum Contract.