Supasit Boonsanong

Partner, Corporate & Commercial

Qualifications

  • LLM, Center for Petroleum Law and Mineral Studies, University of Dundee
  • LLB, Chulalongkorn University

Supasit Boonsanong is a partner in Tilleke & Gibbins’ corporate and commercial department and head of the firm’s regional energy industry team. He specialises in complex cross-border energy industry transactions, including project finance and mergers and acquisitions, and oil, gas, and petrochemical industry operations. He regularly advises leading energy and natural resource companies on projects, joint ventures, licensing, supply, construction, and financing agreements. He also specializes in negotiating engineering, procurement and construction contracts (EPCs) for process plants, conventional power plants, tank farms, and renewable energy installations (solar, wind, biomass, and waste conversion).

Supasit is chief of the legal team advising Thai government authorities on legislative amendments to the country’s petroleum laws, including drafting regulations, models of petroleum production sharing contracts, and risk service contracts under the Petroleum Act. He is widely recognised for his expertise in energy law and has been ranked by Chambers Asia-Pacific for Projects & Energy and IFLR1000 for Project Development and Corporate/M&A. He also teaches petroleum law and investment law at the Faculty of Law, Chulalongkorn University.

Supasit has over two decades of experience at respected international law firms in Bangkok, and over 15 years as general counsel to Thailand’s National Petrochemical Company.

  • Advised a Thai storage tank services company on bidding preparation and negotiation of project documents for two EEC megaprojects for ports. The projects were valued at THB 30 billion each.
  • Advised a SET-listed electricity distribution company in connection with its proposed investment in a rooftop solar company.
  • Advised a publicly listed Thai printing company in connection with its acquisition of the printing business of one of Thailand’s largest media companies.
  • Advised a SET-listed industrial park company, as the borrower, in connection with a THB 1.625 billion loan arrangement from a Singaporean bank.
  • Acted as legal advisor for drafting the Department of Mineral Fuels’ regulations and model agreements on product-sharing agreements and risk service contracts, and assisted with decommissioning a national oil company.
  • Advised project shareholders from Thailand and Korea on cross-border project development and project financing for design, development, construction, operation and maintenance of a major “greenfield” 65 MW hydroelectric plant in Laos.

Chambers Asia-Pacific
Projects and Energy 2023 – Band 4

  • “Supasit's understanding of Thai government matters is a real asset to navigating transaction considerations.”

IFLR1000
Project Development 2024 – Highly Regarded
Corporate/M&A 2024 – Highly Regarded