DAY 1
Setting the Introductory LNG Scene in Energy Industry
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 2
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 3
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 4
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 5
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