An Intensive 5-day Training Course
Natural Gas Development:
Contract & Legal Consideration
Negotiating Profitably and Risk Allocation
Scheduled Dates
Classroom
| 21 - 25 Jul 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 22 - 26 Dec 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 20 - 24 Jul 2026 | London - UK | $5,950 | RESERVE A SEAT |
| 21 - 25 Dec 2026 | London - UK | $5,950 | RESERVE A SEAT |
Would an alternative date be more suitable?
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
Why Choose this Training Course?
Natural Gas Development: Contract & Legal Consideration training course will help participants to increase rapidly their understanding of the key contractual clauses relevant to gas transactions. The training course will enable participants to develop a holistic understanding of the key industry players within the traditional petroleum cycle, common contractual pitfalls, liability and insurance issues, and also to understand the arts of negotiating contracts profitably.
This training course is designed to offer an insight into commercial realities of the industry in terms of customs and practice, in addition to the contractual parameters. Disputes can and do occur, this is why the training course will offer a comprehensive understanding of the main methods of dispute resolutions used in gas contracts and how you can develop an effective clause to manage future disputes.
This PetroKnowledge Natural Gas Development training course will highlight:
- Formation of contracts, remedies, and termination
- Holistic understanding of the major industry players and the types of key contracts used in the industry
- Commercial realities of the industry- i.e. customs and practice, in addition to the contract principles
- Capping contractual liability including liquated damages, insurance, consequential loss etc
- Examining international standard contract models
- Sales agreements, such as long-term gas sales agreements
- Dispute resolutions in gas contracts
What are the Goals?
Natural Gas Development training course aims to provide a good understanding of the structure of industry, the formations of legal contracts and applicable interpretation principles, an overview of gas contracts and its application in practice so that we can develop a good ground to enable you negotiate profitably key gas contracts with clarity on managing and mitigating overall risks, and to understand the importance and methods of dispute resolutions relevant to gas contracts.
At the end of this Natural Gas Development training course, the participants will learn to:
- Formation of relevant contracts, remedies, and terminations
- Key industry players and the commercial realities of the business, including contractual parameters
- A practitioner’s insight into common contractual pitfalls in key gas contracts
- Negotiate gas contracts profitably, with a clear understanding of insurance provisions, liability, and indemnity clauses
- Enhance the ability to draft and negotiate force majeure clauses
- Draft and apply effective dispute resolution clause in gas contracts
Who is this Training Course for?
Natural Gas Development: Contract & Legal Consideration Masterclass training course is specifically designed for professionals actively involved or likely to be involved in contract negotiations and all those who need an understanding of the principles of gas contracts, including issues such as price terms and the allocation of risk.
This Natural Gas Development training course is suitable for a wide range of professionals but will greatly benefit:
- Senior and Middle-Level Commercial Managers
- Commercial Lawyers
- Risk Managers
- Energy Purchasing Managers
- Strategy Managers
- Pipeline Marketing Managers
- Operations Managers
- Project Managers
- Senior Government Officials and Regulators
How will this Training Course be Presented?
This Natural Gas Development training course will provide the participants a perfect opportunity to advance and sharpen their skill sets in planning, negotiating and drafting oil and gas contracts through an interactive session with role-playing, case studies, group discussions, and scenarios building and the high-point of the training course being a simulation exercise of oil and gas contracts negotiation involving interactive role play by the participants. The objective of the interactive role-play is to enable participants to apply the knowledge and understanding gained at the workshop to negotiate a more effective oil and gas contract. This will help the participants to gain practical insights into managing the risks and enhancing their rewards.
Organisational Impact
This training course offers a unique opportunity to rapidly increase your understanding of the gas contracts and improve your negotiation techniques, and skills in drafting a variety of related contracts for professionals involved nationally and internationally in the oil and gas industry.
The organisation will benefit from this training course through:
- Gaining expertise and improving knowledge and skill sets of personnel dealing with areas of legal risks in handling gas contracts
- Various workshops and exercises the ability to appreciate and understand the current international practices in gas contracts
- How to mitigate risks in gas contracts
- Enhancing the contract personnel negotiation skills
- Understanding the importance of Alternative Dispute Resolution (ADR) clause
Personal Impact
The participants will gain knowledge by attending this Natural Gas Development training course, as a result:
- A unique opportunity to rapidly increase your understanding of the international practices relevant to gas contracts
- Improving the negotiation techniques and skills in drafting a variety of related gas contracts
- Managing and mitigating legal risks associated with gas contracts
- Choosing the most appropriate form of dispute resolution and how to draft a suitable Alternative Dispute Resolution (ADR) clause
- Enhancing your ability to negotiate and manage claims and disputes with confidence
Daily Agenda
Day One: Dynamics of Gas Business and English Contracts
- Introduction to Gas (Petroleum) Contracts
- Key Terms and Definitions
- Downstream
- Midstream
- Upstream
- General principles of oil and gas contract law
- Key players in the international oil and gas industry
- Understanding Contracts
- Contracts Formation & Interpretation of Contract Terms
- Contracts Workshop
Day Two: Contracting and Commercial Realities of the Gas Business
- Remedies for Breach of Contract
- Contract termination internationally and in English law
- Principal standard form contracts used in the industry
- LOGIC / CRINE
- BIMCO
- AIEN
- The key legal contractual risk management issues
- Contracts for downstream activities
- The Contractual Process
- Commercial Realities of Gas Contracts
- Drafts and Drafting Tips
- LNG Sales Contracts
Day Three: Essentials of Negotiating Gas Contracts
- Enforcement of Gas Contracts
- Fundamental Legal Principles of Gas Contracts
- Cultural and Language Issues
- Global gas market
- Structuring an LNG Project and Government Role
- Capacity Building and Local Content
- LNG Development Environment
- PSC v. Licenses
- Workshop: How to negotiate petroleum contracts profitably?
Day Four: Gas Sales and Purchase Agreements: Liabilities and Legal Principles
- Domestic Gas Sales Agreement
- LNG Sale and Purchase Agreement
- Risk Management and LNG Business: Types of Risks and Steps to Mitigate?
- Transportation and Processing Agreement (TPA)
- International Practices and Model Contracts
- Liability Clauses
- Contractual Indemnity
- Insurance Provisions
- Force Majeure in Gas Sales Contracts
- Termination and Tax
Day Five: Dispute Resolutions of Gas Contracts
- Tiered Dispute Resolution Mechanisms
- Formal Dispute Resolution in Gas Contracts
- Preventing costly litigation through effective use of ADR option
- Types of dispute resolution vehicles
- Assessing Litigation vs. Arbitration Options
- Mediation Considerations
- Considerations for selecting effective mediators and Arbitrators
- Selecting arbitration and mediation rules of procedure
- Drafting effective dispute resolution clause
- Contract Review, Evaluation, and Lesson Learned
- Overview and Conclusion
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
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Frequently Asked Questions
Why PetroKnowledge?
PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.
Who are these training courses designed for?
Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.
Are the courses delivered online or in person?
PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule
Can I get a customized training course for my team?
Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.
Are there any prerequisites for attending a course?
Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.
How can I enroll in a course?
Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.
You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]
When should I expect to receive confirmation of registration?
Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.
Will I receive a certificate after completing the course?
Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.
When and how do I arrange payments?
We offer two convenient payment options:
- Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
- Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.
What is the refund or cancellation policy?
Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.
Is there a discount for more than one registrant/course?
For corporate fees and group registration, please send your query to [email protected].
