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Gas and LNG Industry Overview

Who should attend: 
  • Personnel in the oil and gas industry who are seeking an in-depth understanding and knowledge of the modern natural gas and LNG industry.
  • As well as those who are concerned about natural gas and work in other sectors such as banking or government where they need an understanding of the industry.
4 days
Course aims: 
To provide participants with an overview of the structure and function of the natural gas and LNG industries; the fundamentals of how the natural gas retail, wholesale and transportation markets operate; and insights to where the new opportunities lie in today’s dynamic natural gas and LNG marketplace.
Course outline: 
  • Components and properties natural gas
  • Origin of natural gas. Different types of natural gas.
  • Key Consumption Sectors and Gas Uses
  • Critical Gas Supply and Demand Issues
  • LNG markets and supplies,
  • Production and Gathering Systems
  • Gas and Liquids Processing
  • Downstream Supply and Delivery Infrastructures
  • Pipeline (Transmission) Infrastructures and Operations
  • Natural Gas Storage and Operations
  • LNG Import Facilities and Operations
  • Distribution Infrastructures and Operations
  • Primer on Economics, Costs, and Rates
  • Regulators, Market Impact and LNG
  • Fundamentals of LNG Operations
  • Physical Properties and Sourcing Issues
  • Transportation, Storage, Safety and Security
  • Market Area and Supply Area Terminals
  • Impacts on pipeline capacity for new LNG terminal projects
  • Fundamentals of LNG Markets and Pricing
  • New "Internationalization" Dynamics of LNG Markets
  • Global Infrastructure and Economic Issues
  • Markets and Trading Infrastructures
  • Market Participants and Market Value Chains
  • Overview of Current Gas Market
  • Fundamentals of Gas Transportation and Pipeline Capacity
  • Market Pricing and Drivers,
  • Risk Management Basics and Risk Assessment
  • Overview of NYMEX Gas Commodity Pricing, and Hedging Tools
  • Retail Marketing and Gas Procurement
  • Critical Negotiating Issues and Tactics
  • Contracts, Responsibilities and Accountability