An Intensive 5-day Training Course
Gas & LNG Contracts Negotiation
Strategies and Negotiation Techniques
Scheduled Dates
Classroom
| 10 - 14 Nov 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 22 - 26 Dec 2025 | London - UK | $5,950 | RESERVE A SEAT |
| 23 - 27 Mar 2026 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 11 - 15 May 2026 | London - UK | $5,950 | RESERVE A SEAT |
| 18 - 22 May 2026 | Singapore | $5,950 | RESERVE A SEAT |
| 13 - 17 Jul 2026 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 28 Sep - 02 Oct 2026 | Dubai - UAE | $5,950 | RESERVE A SEAT |
| 19 - 23 Oct 2026 | London - UK | $5,950 | RESERVE A SEAT |
| 09 - 13 Nov 2026 | London - UK | $5,950 | RESERVE A SEAT |
| 21 - 25 Dec 2026 | London - UK | $5,950 | RESERVE A SEAT |
Online
| 22 - 26 Dec 2025 | Online | $3,950 | RESERVE A SEAT |
| 13 - 17 Jul 2026 | Online | $3,950 | RESERVE A SEAT |
| 21 - 25 Dec 2026 | Online | $3,950 | 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?
The oil and gas industry is global in nature and it involves trading Pipeline Gas and LNG in Africa, Europe, Middle east, Asia and North America. These markets have grown rapidly as result of demand and deregulation, bringing tremendous business opportunities for all the stakeholders including government entities, producers, sellers, transporters and buyers etc. High contract value, complicated commercial terms, volatile prices, cultural differences and many other unpredicted risks have made contract negotiating, dispute resolution and risk management more and more challenging.
Effective training in these areas becomes an urgent need for relevant executives in both public and private sectors. In response to such industry dynamics, this advanced PetroKnowledge training course will provide effective training in the critical considerations and conditions for successfully concluding Gas and LNG Sales Agreements. The training course will enable participants to gain an insight into the way in which Buyers and Sellers view and negotiate Gas and LNG Sales Agreements, and will give participants a detailed understanding of the terms that are important in these transactions.
This PetroKnowledge training course will highlight:
- Dynamic of downstream, midstream, and upstream activities
- Essentials of contract principles
- Gas Sales and LNG Contracts with reference to international model contracts
- Transportation Agreements with reference to international model contracts
- Gas sales and Purchase Agreements
- Contractual risk management issues, insurance, indemnities, liabilities, and force majeure
- Negotiation arts and strategies relevant to LNG contracts
What are the Goals?
This PetroKnowledge training course aims to provide an overview of the LNG contracts and its context within the oil and gas industry, to understand how to negotiate profitably key LNG contracts, to asses and manage pricing and overall risks, and to understand the application of ADR (Alternative Dispute Resolution) relevant to LNG contracts.
This PetroKnowledge training course aims to achieve following:
- Understanding common contractual pitfalls in LNG contracts
- Negotiate profitably LNG contracts, with clear understanding of insurance provisions, liability and indemnity clauses
- Enhance your ability to draft and negotiate LNG force majeure clauses
- Asses and manage risks as relevant to LNG contracts
- Grasp and apply dispute resolution methods to LNG contracts
Who is this Training Course for?
The 5-Day PetroKnowledge 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.
Therefore, the audience for this training course will be:
- Senior and Middle Level Commercial Managers
- Commercial Lawyers
- Contracts Managers
- Compliance Personnel
- 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 interactive PetroKnowledge training course will provide the participants an ideal opportunity to improve and sharpen their skill sets in planning, negotiating and drafting LNG Contracts through interactive session with role playing, case studies, discussion groups and scenario 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 more effective LNG contracts. This will help participants gain practical insights into managing the risks and enhancing their rewards.
Organisational Impact
For professionals involved nationally and internationally in the oil and gas industry, this course offers a unique opportunity to rapidly increase your understanding of the LNG contracts and to improve your negotiation techniques and skills in drafting a variety of related contracts. Therefore, your organisation will benefit from this training course by:
- Gaining expertise and improving knowledge and skill sets of personnel dealing with areas of legal risks in handling LNG contracts.
- Through various workshops and exercises ability to appreciate and understand the current international practices in LNG contracts
- How mitigate risks in LNG contracts
- Enhancing contract personnel negotiation skills
Personal Impact
Attendees will gain by participation in this training seminar as a result of:
- A unique opportunity to rapidly increase your understanding of the international practices relevant to LNG contracts
- Improving your negotiation techniques and skills in drafting a variety of related LNG contracts
- Managing and mitigating legal risks associated with LNG contracts
- Choosing most appropriate form of dispute resolution and how to draft a suitable ADR clause
- Enhancing your ability to negotiate and manage claims and disputes with confidence
Daily Agenda
Day One: Dynamic of Downstream, Midstream, Upstream & Contract Law
- Introduction to LNG & Sales Contracts
- Training objectives
- key terms and definition
- The main international industry players
- Introduction to specific LNG and Sales agreements
- Legal System and Contract Law
- Mandatory elements of a legally enforceable contract
- Contract Law: Contract formation
- Contract Law: Contract terms
- Contract Law: Interpretation of contract terms
- Contract Law: Remedies for breach of contract
- Assessing available remedies for breach of contract
- Rescission
- Compensatory damages
- Consequential and incidental damages
- Liquidated damages
- Specific performance
- Injunctive Relief
Day Two: : The Essence of the LNG Sales Contracts
- Characteristics of LNG sales contracts
- The contractual process
- Commercial realities
- Drafts and drafting
- Enforcement
- Fundamental legal principles
- Cultural and language issues
- Fundamental Legal Principles
- LNG Sales Contracts
- What is LNG?
- The LNG Industry
- LNG Value Chain
- LNG Sales, and LNG sale and Purchase Agreements
- Financing of LNG Projects
- Current Issues in LNG
- Transportation Agreements
- The contractual arrangements put in place for getting petroleum from the wellhead to the market place
- Off taking and transporting Oil & Gas (pipeline or ship)
- Typical terms of a Gas Pipeline Transportation and Processing Agreement (TPA)
- Transportation (or Transhipment) of crude oil and Liquefied Natural Gas (LNG) or Gas to Liquids (GTL)
- International practices and model contracts
Day Three: Gas Sale & Purchase Agreements
- Types of Gas Sales Agreements
- Parties
- Term and Effectiveness: Duration and delayed start date provisions
- Sale, Purchase and Delivery
- Gas Reserves
- How to express gas quantities in pipeline gas contracts
- Take-or-pay, Carry Forward and Make Up
- Current practice on shortfall penalties
- Quality
- Price
- Nominations, Undertake, and Overtake
- Measurement and Testing
- Invoicing and Payment
- Force-Majeure in gas sales contracts; the differences between pipeline gas and LNG
- Termination
- Tax
Day Four: Force Majeure Clauses
- Understand the purpose and risks this clause is intended to mitigate
- Avoiding common Force Majeure pitfalls
- Protect yourself from abuse and misuse of this clause
- Mechanics of exercising Force Majeure rights
- Practical Exercise: Case studies
- Insurance Provisions
- Overview of coverage types
- Understanding typical insurance exclusions
- Assessing the quality of your insurance carrier
- Evaluating deductibles and coverage limits
- Insurance subordination issues
- Effective claims management
- Contract Management
- Operational issues
- Gas delivery procedures and coordination between suppliers, terminal operator, transporters and users
- Types of dispute resolution vehicles
- Importance of the dispute resolution clause
Day Five: : Contract Claims & Dispute Resolutions
- Types and Assessment of Claims
- Tiered Dispute Resolution Mechanisms
- Formal Dispute Resolution
- 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
- Practical Exercise: Mock arbitration exercise
- Contract Close Out
- Contract Review, Evaluation, Lessons Learned
- Seminar Overview – Learning Outcomes
Certificate
- On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.
In Association With
Frequently Asked Questions
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.
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.
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
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.
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.
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]
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.
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.
Pre-Course Cancellation
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.
Refund Policy Disclaimer
All course bookings made through PetroKnowledge are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.
PetroKnowledge reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.
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.
For corporate fees and group registration, please send your query to [email protected].
