LNG / Gas Contracts Analyst

About the role

Repsol is looking for an LNG / Gas Contracts Analyst for its Wholesale Gas and LNG team in Madrid, working in a hybrid setting. The analyst coordinates and manages contractual agreements such as Master Sales and Purchase Agreements, EFETs, Spanish Gas Market Framework Agreements, ISDAs, Services Agreements and LNG Confirmation Notices, identifying risks and proposing mitigating alternatives for the Wholesale Gas Trading business.

Key responsibilities

• Analyse proposed transactions in the pre-deal phase and advise Front Office stakeholders on contractual structure, risk allocation, obligations and protections.
• Draft, review and negotiate agreements including Master Sales and Purchase Agreements, EFETs, Framework Agreements, ISDAs, Services Agreements and LNG Confirmation Notices.
• Identify contractual, commercial, credit, operational, compliance and execution risks and coordinate reviews with subject-matter experts.
• Act as liaison between counterparties and internal stakeholders (commercial, legal, credit, compliance, tax, operations) and as main contact for assigned counterparties, coordinating with General Counsel on formal legal advice.
• Take part in the onboarding of new counterparties (KYC) and answer Front Office and Back Office queries on contract terms.
• Maintain records of negotiations, approvals, deviations and executed documents, and contribute to improving contract templates, clause libraries, policies and contract management systems.
• Escalate matters beyond delegated authority or needing specialist legal, tax, compliance, credit or regulatory review.

Required profile

• Bachelor's degree or higher; law degree preferred.
• 3+ years of experience in a similar position in a gas/LNG trading business or other commodities.
• Ability to apply legal training to commercial contract drafting, negotiation, risk identification and transaction execution.
• Proven ability to work across organisations and disciplines, managing conflicts and resolving them.
• Excellent English and Spanish, with strong verbal and written communication and negotiation skills.

Required skills

• Demonstrated knowledge of contract law principles, interpretation, remedies, liability, allocation, credit protections, governing law, dispute resolution and cross-border commercial contracting.
• Ability to draft, assess and negotiate LNG/Natural Gas contracts.
• Deadline-oriented management of multiple negotiations and priorities.

What we offer

• Permanent contract.
• Bonus according to objectives.
• Medical insurance and contribution to a pension plan.
• Digital disconnection, conciliation measures and legal advice.
• Employee support services.