Petroknowledge

An Interactive 5 - Day Online Training Course

Mini MBA: Understanding the
Dynamics of the LNG Industry

Masterclass LNG Industry

Print this Course

Code Date Time Fee($)
OL102 15 - 19 Aug 2021 11:00 to 16:00 Dubai [GMT +4] 2,350

*All fees are exclusive of VAT


Why Choose this Online Training Course?

LNG is natural gas (predominantly methane) that has been converted to liquid form for ease of storage or transport. It takes up about 1/600th the volume of natural gas in the gaseous state. It is odorless, colorless, toxic and non-corrosive.  LNG is the most energy efficient fossil fuel— it offers important energy saving benefits when it is used instead of oil or coal. It is also a source of hydrocarbons for petrochemical feedstock and a major source of elemental sulphur. Its popularity as an energy source is expected to grow substantially in the future because LNG can help achieve two important energy goals for the twenty-first century— providing the sustainable energy supplies and services needed for social and economic development and reducing adverse impacts on global climate and the environment in general.

The LNG processing and transportation in refrigerated compressed tanks are highly capital intensive and dynamic. To achieve maximum effectiveness, managers and professionals must continually expand their business knowledge and sharpen their skills.

This 5-day Petroknowledge Understanding the Dynamics of the LNG Industry online training course will highlight the added value of Liquefied Natural Gas (LNG) business from Wellhead to the burner tip.

This online training course will feature:


Training Objectives

What are the Goals?

By the end of this Petroknowledge online training course, participants will be able to:

  • Gain better understanding of the dynamics of the entire LNG value chain
  • Understand LNG production, storage, transportation and distribution
  • Understand the LNG terminology
  • Distinguish various sales, marketing terms and conditions
  • Understand the various terms in LPG sales and purchase agreements
  • Learn economic evaluation benchmarks and determine return on investments 

Target Audience

Who is this Online Training Course for?

This online training course is suitable to a wide range of professionals but will greatly benefit:

  • Business Development Managers
  • Corporate Planning Professionals
  • Geoscience & Engineering Professionals
  • Supply Planners & Scheduling Professionals
  • Government Regulators
  • Law Professionals
  • Tax & Finance Advisors
  • Auditing Personnel  
  • Compliance Officers
  • Equity Analyst and Bankers
  • Joint Venture Officers
  • Negotiators and Contracting Professionals
  • Trading Professionals

Training Methods

How will this Online Training Course be Presented?

This online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice

Organisational Impact

By sending their employees to this Petroknowledge Understanding the Dynamics of the LNG Industry online training course, the organization will gain a wider range of sills that participants gain and henceforth apply in theirs workspace that will directly benefits their respective companies.

  • Offers a wider management perspective of global petrochemical business and highlights the success factors in each category of several business models
  • Defines how innovations in energy and petrochemicals are helping to drive economic growth and improve living standards around the world
  • Clarifies how we can achieve these goals while delivering value to shareholders
  • Inculcates the corporate culture of effectively dealing with the core issues, tactics and essential concepts of successfully running the petrochemical business

Daily Agenda

Day One

  • Introduction to the LNG Industry
    • Exploration, Development and LNG Production, Shipping, Importation
    • Cost and Value Drivers: Shareholder Expectations
    • The Value Chain: From Wellhead to Burner Tip
    • Players: Governments, NOCs, IOCs, Banks and Insurers, etc.
  • Natural Gas Value Chain
    • Exploration and Production
    • Processing and Production
    • Sales Gas Transmission
    • Underground Storage
    • Distribution
    • Sales Gas and Product Specifications
  • Global Production
    • Where and Who are the Producers of LNG
    • Projects Currently under Development
  • Global Markets
    • Where and Who are the Users of LNG
    • Projects currently under Development
  • Gas Conditioning Processes
    • Excess Water Removal
    • Contaminants Removal
    • LNG Separation

Day Two: Essential Logistics of LNG 

  • Nitrogen Rejection Processes
    • Cryogenic Process
    • Absorption Process (using lean oil or solvent) Membrane Separation
    • Adsorption Process (activated carbon) Storage System
  • Storage Tanks
    • Vapour Recovery System LACT Unit
    • Sampling
    • Natural Gas Transportation
    • Pipeline Components
    • Compressor Stations
    • Metering Stations
    • Valves
    • Control Stations
  • Pipeline Operations
    • Basics of Gas Pipeline
    • Gas Flow Measurement
  • Liquefied Natural Gas (LNG)
    • Why LNG a growth industry?
    • Compression & Refrigeration
    • Transportation of LNG
    • Major LNG Exporting Nations
    • Major Importing Nations 

Day Three: LNG Sales, Marketing and Project Risks 

  • LNG Sales, Marketing and Trade
    • Price Disparity in Different Regions
    • LNG Benchmarks
    • Major Changes in LNG Business
  • Business Sector
    • Industry and Market Structure
    • Natural Gas Demand
    • Natural Gas Supply
    • Economics of the Natural Gas Plants
  • Global Markets
    • Where and Who are the Users of LNG
    • Projects currently under Development
  • Key Project Risk and Value Identification
    • Understanding the Fundamental Commercial Drivers for Project Success
    • Identification of Key Project Risks (from a commercial perspective) and Mitigation Strategies
    • Reserves Definitions and Reserves Certification
    • Completion and Cost Overrun Risks
    • Cost Linkages to Oil and Gas Prices

Day Four: LNG Project Financing and Project Management  

  • Gas Plant Project Management
    • Project Management Overview
    • Industry Perspective
    • The Project Management Process
    • Project Controls & Quality Controls
    • Quality Assurance
    • Commissioning and Start-up
  • Dispute Prevention & Arbitration
    • Disputes
    • Arbitration and Expert Determination
  • Commercial Structures
    • Alternative Commercial Structures
    • Complexity of Integrating Requirements
    • FOB vs. DES Sales
  • LNG Project Financing Essentials
    • Financial Structures in LNG
    • Investment Decision-making
    • The Key Value Drivers in LNG Financing
  • Overview of LNG Financing Options
    • Balance Financing
    • ECA and Multilateral Agency Funding
    • Capital Markets
    • Asset based Financing
    • Project Financing and Structured Recourse Financing

Day Five: LNG Agreements, Regulations and Future Trends 

  • LNG Agreements
    • Overview of the Contractual Terminology
    • Stakeholder Analysis and Drivers
    • Upstream Agreements
    • LNG Supply Purchase Agreements SPA
    • EPC Contracts
    • LNG Shipping Arrangements / Agreements
    • LNG Regasification Terminal Agreements
    • Fiscal and Legal Regimes Worldwide
    • Production Sharing Arrangements
  • Regulations
    • The History of Regulations
    • The Market under Regulation
    • The Environmental Impact
  • The Future Trends in Natural Gas Trends
    • Trends in LNG Markets
    • Latest Changes and Movements in LNG Trading
    • The Impact of Shale Gas
    • Hubs vs. oil for price setting
    • Market Shifts in Importation and Liquefaction
    • Mid and Small Scale LNG
    • Floating and Niche LNG Concepts
  • Wrap-up and Summary

 

Certificates

  • On successful completion of this online training course, PetroKnowledge E-Certificate will be awarded to the delegates

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Home » Courses » International Petroleum Business » Mini MBA: Understanding the Dynamics of the LNG Industry
PetroKnowledge Training


Mini MBA: Understanding the
Dynamics of the LNG Industry

Masterclass LNG Industry


Code Date Venue Fees
OL102 15 - 19 Aug 2021 N/A $2,350



Why Choose this Online Training Course?

LNG is natural gas (predominantly methane) that has been converted to liquid form for ease of storage or transport. It takes up about 1/600th the volume of natural gas in the gaseous state. It is odorless, colorless, toxic and non-corrosive.  LNG is the most energy efficient fossil fuel— it offers important energy saving benefits when it is used instead of oil or coal. It is also a source of hydrocarbons for petrochemical feedstock and a major source of elemental sulphur. Its popularity as an energy source is expected to grow substantially in the future because LNG can help achieve two important energy goals for the twenty-first century— providing the sustainable energy supplies and services needed for social and economic development and reducing adverse impacts on global climate and the environment in general.

The LNG processing and transportation in refrigerated compressed tanks are highly capital intensive and dynamic. To achieve maximum effectiveness, managers and professionals must continually expand their business knowledge and sharpen their skills.

This 5-day Petroknowledge Understanding the Dynamics of the LNG Industry online training course will highlight the added value of Liquefied Natural Gas (LNG) business from Wellhead to the burner tip.

This online training course will feature:


Training Objectives

What are the Goals?

By the end of this Petroknowledge online training course, participants will be able to:

Target Audience

Who is this Online Training Course for?

This online training course is suitable to a wide range of professionals but will greatly benefit:

Training Methods

How will this Online Training Course be Presented?

This online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice

Organisational Impact

By sending their employees to this Petroknowledge Understanding the Dynamics of the LNG Industry online training course, the organization will gain a wider range of sills that participants gain and henceforth apply in theirs workspace that will directly benefits their respective companies.

Daily Agenda

Day One

Day Two: Essential Logistics of LNG 

Day Three: LNG Sales, Marketing and Project Risks 

Day Four: LNG Project Financing and Project Management  

Day Five: LNG Agreements, Regulations and Future Trends 

 

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© 2021. Material published by Petroknowledge shown here is copyrighted.

All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.


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