Unlocking LNG Economics: Trade Insights and Risk Strategies
Liquefied Natural Gas (LNG) is natural gas that has been cooled to -160°C for easy storage, transportation, and distribution. As the world’s energy needs continue to rise, LNG is becoming a vital source of energy, with its potential expected to grow significantly in the future. LNG currently accounts for 22% of the global energy supply and is considered the most energy-efficient fossil fuel, offering substantial energy-saving benefits compared to oil or coal. Moreover, it serves as a key source of hydrocarbons for petrochemical feedstock and elemental sulfur.
This 5-day interactive LNG Supply, Demand, & Pricing Industry training course is designed to equip managers and professionals with in-depth knowledge of the entire LNG value chain. The course will provide comprehensive insights into LNG production, storage, transportation, distribution, and pricing, with a focus on LNG economics, risk management, and commercial operations. Participants will gain essential skills in understanding the dynamics of LNG markets, including commercial property management, and enhance their ability to make informed business decisions in this fast-growing sector.
Upon completion of this training, participants will:
Introduction to LNG Industry
Overview of LNG as a vital part of the global energy mix and its growing role in addressing future energy needs.
Exploration, Development, and LNG Production
The steps involved in LNG production, from exploration to the operational aspects of the facility.
Cost and Value Drivers
Understanding shareholder expectations and cost drivers in LNG projects.
LNG Value Chain
Detailed look at the LNG value chain from wellhead to burner tip, and the key players involved: governments, NOCs, IOCs, banks, and insurers.
Natural Gas Value Chain
Exploration and production, processing, sales gas transmission, underground storage, and distribution.
Global LNG Markets
Where and who are the producers and users of LNG, and the key LNG projects currently under development.
Gas Conditioning Processes
Techniques for removing excess water and contaminants, as well as NGL separation.
Nitrogen Rejection Processes
Overview of cryogenic processes, absorption processes, and membrane separation for efficient LNG logistics.
LNG Transportation Logistics
Systems for transporting LNG, including vapor recovery systems, sampling, and LACT units.
Pipeline Components and Operations
Key infrastructure required for natural gas transportation, such as compressors, valves, and control stations.
Transportation of LNG
Insight into major LNG exporting and importing nations, and their roles in the global LNG market.
LNG Pricing Structures and Price Dynamics
Exploration of regional pricing disparities and LNG pricing benchmarks used in global trade.
Oil-Linked LNG Pricing
How oil prices impact LNG pricing and global market dynamics.
Key Project Risks
Identification of commercial drivers for project success, risk management strategies, reserves definitions, and cost overruns.
Maximizing Profitability of Gas Plant Assets
Techniques for evaluating gas plant assets, including return on investment analysis and profitability analysis.
Business Evaluation and Portfolio Management
Strategic approaches to managing LNG projects and portfolios to maximize returns and minimize risks.
Incorporating LNG in Power Generation
Understand the technical and operational aspects of using LNG as a fuel source for large-scale power plants.
Environmental and Economic Benefits
Evaluate the sustainability and financial advantages of LNG in power plant operations.
LNG Project Financing and Management
Key considerations for financing LNG projects, including capital markets, structured recourse financing, and risk management.
Project Management Process
The stages of LNG project management, including quality controls, dispute prevention, and arbitration.
LNG Agreements
Overview of LNG supply purchase agreements (SPA), upstream agreements, EPC contracts, and shipping arrangements.
Regulations and Market Impacts
The role of regulations in the LNG industry, including environmental impact assessments and fiscal regimes worldwide.
Future LNG Trends
Analysis of current and future trends in LNG markets, the impact of shale gas, and the rise of mid and small-scale LNG.
Floating LNG Business
The benefits of floating LNG systems and the integration of LNG in maritime and land transport fuel markets.
Comprehensive LNG Understanding: Attendees will gain a solid grasp of the LNG value chain, from production to distribution, and its commercial impact.
Informed Decision-Making: Learn how to navigate LNG pricing structures and understand the key drivers of LNG economics, ensuring better business decisions.
Risk Mitigation: The course will equip participants with strategies to identify and manage risks associated with LNG projects, including LNG risk management and project financing.
Enhanced Commercial Property and Facilities Management Knowledge: Learn about commercial property management in the LNG industry, helping you to manage both physical assets and business operations effectively.
Future-Proof Knowledge: Understanding future LNG trends and how to leverage emerging technologies and markets to stay ahead of industry shifts.
This LNG Supply, Demand & Pricing training course will provide participants with a detailed understanding of LNG's critical role in the global energy landscape. By covering everything from production and logistics to pricing and risk management, participants will be equipped to make informed decisions in LNG projects, enhance their understanding of commercial contracts management, and drive profitability in their organizations. Whether you're an LNG commercial manager, project financier, or business strategist, this course will prepare you for success in the ever-evolving LNG market.
