Mastering Global LNG

A masterclass in understanding the rapidly growing global LNG industry.

Course Highlights

Attend this highly interactive three-day course and gain a solid practical understanding of:

The drivers and changes in the LNG chain
Where Atlantic Basin LNG supply is coming from and when
The linkages between Asian and Atlantic Basin LNG markets
LNG in context of key European markets
LNG pricing effects
The developments in LNG trading, arbitrage and cargo diversions
The global issues and current challenges in the LNG arena

For details of the course trainer, please download the course brochure

Booking Information

Dates	Prices	Book This Course	Discount
27 - 29 Oct 2010	£ 2199		-
09 - 11 Mar 2011	£ 2199		-

Course Programme

DAY 1

LNG ESSENTIALS

What are Natural Gas & LNG?

Composition
Units and measurement
Safety & hazards

The LNG Supply & Value Chain

Conventional & unconventional upstream gas
LNG Chain
Contract complexity & how they fit together
Changes in LNG business model

Sales and Purchase Agreement (SPA) Contract Overview

Essentials & importance
Key issues & clauses
Firm vs. flexible supply

Gas Liquefaction: Process & Plant

Key plant items
Capital costs & scale effects
Issues for offshore development

Case Study: Equatorial Guinea LNG

LNG Export Financing

Types
Issues
Trends

LNG Project Risks

Knowing the risks
Understanding implications

Exercise: Export Project Risks - Delegates will be supplied with a brief from which they will assess risks and risk profile of an export project.

DAY 2

TERMINALS AND SHIPPING

Terminals: Business Pverview

Business model
Regulation & financing
Utilisation

Terminals: Technical Overview

On-shore plant
Off-shore & floating LNG developments

Terminals: Ship Arrival and Scheduling

Berthing & Mooring
Ship scheduling issues

Terminals: Loading and Unloading

Arms
Custody transfer
Boil off gas

Terminals: Storage Tanks

Why needed?
Types
Sizing issues

Regasification: Process & Plant Overview

Vaporisation
Gas send-out

LNG Shipping Fleet

Vessels & containment
FOB vs DES delivery
New developments

LNG Shipping Costs

New build
Voyage costs
Netback

Exercise: Voyage and Netback - Delegates will be supplied with a brief from which they will calculate relevant voyage costs, shipping rates & netbacks and discuss the key factors effecting LNG shipping economics.

DAY 3

SUPPLY, DEMAND AND TRADING

LNG Sources

Asian exporters
Atlantic exporters
Middle East exporters
Future issues and timing

Markets: Traditional Asia

Japan, Korea & Taiwan
Changing patterns

Markets: Emerging Asia

Growing powers – China and India
Regional others

Markets: Atlantic Europe

Current importers
New & planned importers
Security of supply issues

Markets: Atlantic North America

Existing terminals
New & planned terminals
Interaction with gas market

Markets: South Americas

Developing markets
Brazil, Chile and Argentina

LNG Market Dynamics & Pricing

Firm vs flexible markets
Sellers vs buyers market
Asian vs Atlantic pricing
Market price sensitivities
Quality issues

LNG Trades

Commodity & capacity trading
Short-term/Spot market
Diversions, swaps & arbitrage
Reloaded cargoes

Exercise: Trading and Diversions - Delegates will be supplied with a brief from which they will discuss key factors effecting LNG trading scenarios.