FOR IMMEDIATE RELEASE

CONTACT: Kristi Ruskuski
kruskuski@oxfordprinceton.com
The Oxford Princeton Programme
116 Village Blvd.
Suite 230
Princeton, NJ 08540
609.524.1122

PRINCETON, NJ - July 2008: The Oxford Princeton Programme, the world's leading provider of education and training solutions to the energy, commodity and derivatives markets, is pleased to announce six courses to be offered in the Middle East region (one in the second half of 2008 and five in the first half of 2009) as it looks to address professionals' most immediate commercial learning requirements.

"Growing demand for our world-class oil, gas, LNG, bunkering and petrochemical courses in this vital region of the world is unprecedented," says Jobert E. Abueva, Global Marketing Director, The Oxford Princeton Programme. "We are committed to providing our Middle East-based clients and neighboring regions with the most comprehensive curriculum available anywhere."

All courses are led by expert educators exclusive to The Oxford Princeton Programme who bring a wealth of knowledge into each seminar workshop. Courses consist of lectures, case studies and in most cases, unique simulation exercises as well. A certificate is awarded upon successful completion of each course and is held in convenient central venues.

Discounts are available for early bookings of 30 and 60 days or more. Please contact an account representative for further details (info@oxfordprinceton.com).

International Gas Contracts - Commercial Factors and Negotiations (NG5)

2-6 November 2008 - Manama, Bahrain

The outcome of negotiation can be spectacular. This five-day course will show you that there are few areas in which time and effort can yield immediate and profitable returns. Using the Bolonia© case study, participants practice different negotiation strategies, whilst learning the key elements of natural gas sale and purchase contracts and the legal framework which underpins them.

LNG Shipping - A Voyage of Discovery (TDLNG)

28-31 January 2009 - Manama, Bahrain

LNG transportation accounts for 10% to 30% of total LNG supply chain costs from upstream gas production through to terminalling and regasification on the import side. It is central, both figuratively and physically, to the LNG supply chain and the safe, efficient execution of LNG supply contracts. The LNG shipping sector has also been evolving rapidly in recent years in response to accelerated growth in the international gas markets and - as in other parts of the LNG supply chain - technological innovation is seen as the means of optimising costs and increasing cargo outturn. New players have entered the LNG shipping business and the LNG industry is increasingly looking for more flexible shipping arrangements. Larger ships, innovative ship designs, new containment and propulsion systems have been developed while safety and environmental factors remain foremost considerations in the construction and operation of these vessels.

Global Drivers of Price and Quality in Residual/Bunker Fuel Markets: Investigating the Value Chain and Structural Changes (MFM0)

2-4 February 2009 - Manama, Bahrain

This course is designed to provide delegates with a comprehensive understanding of the production and the drivers of price and quality of fuel oil. Using this knowledge, the course then investigates the day-to-day aspects of the bunker industry and describes the supply chain and factors that influence it. In addition the course examines concerns of buyers and sellers of marine bunker fuels and the economic effects of anticipated changes to supply. Candidates will gain an understanding of why bunker prices and quality vary, and the effects of such volatility and how it can be mitigated. On completion of the course all participants will have a thorough understanding of the day-to-day mechanics of the bunker industry and in addition an understanding of the factors influencing the global fuel market.

The Olefins Business - Markets and Economics (CH6)

2-4 March 2009 - Manama, Bahrain

The course covers the technology, economics and markets for the olefins business. It will explore the economics of different feedstocks and the balance of supply and demand. There will be a full discussion about the importance of integration downstream to derivatives.

Principles of International Oil Trading (TR0)

10-12 March 2009 - Dubai, UAE

This course covers the basic principles of international oil trading and the allied fields of supply, transportation and refining. Through the medium of a case study, delegates will address day-to-day problems and will understand the relevant commercial driving forces in this area. Much of the work will be carried out in syndicate groups where teams will simulate real in-company practice, working with other delegates drawn from a wide background of disciplines in the industry. Delegates are introduced to the key elements affecting the international market of oil trading. Crude valuation, ocean tanker transport and freight are explored together with a basic overview of terminals and pipelines.

Technical, Commercial and Operational Aspects of Oil Refining (TRT)

15-18 March 2009 - Dubai, UAE

This intermediate course is designed to provide delegates with a thorough understanding of the technical, commercial and operational aspects of oil refining. Through a combination of presentations and case studies, delegates will learn the principles of refinery operations and planning, the commercial aspects affecting crude selection and operation of the refinery. Throughout the course delegates participate in a refinery simulation whereby they select and purchase optimal crude cargoes, schedule the cargoes into inventory as they simultaneously generate the refinery operations schedule and nominate finished product sales. The refineries are also exposed to the vagaries of the international oil market and are given the opportunity to manage these risks.

For all inquires on this or The Oxford Princeton Programme's wide array of training options, please contact Kristi Ruskuski at +1 (609) 524-1122 or via email kruskuski@oxfordprinceton.com.