Course Summary

This newly updated, premier "master-class" course is delivered by an established team of top professionals in the international LNG scene. Delegates attending "Global LNG - the Complete Supply Chain" gain comprehensive awareness and understanding of the complete LNG chain from commercial, technical and market perspectives, and of proposed future global developments.

Liquefied Natural Gas (LNG) is now without doubt a global business and supply and demand is changing rapidly causing all market participants to tackle many new challenges. Large traditional Asian markets, such as Japan, Korea and Taiwan, and the newer markets like China and India already show visible effects of these recent demand changes which are also very important for the Atlantic Basin, Europe and the United States, where a "new" LNG trading market is developing. In addition, gas producers in Australia, Middle East, Russia, West Africa and South America increasingly look towards the liquefaction method to supply global gas demand, while seeking a better understanding of their place in this new LNG marketplace. Source gas is increasingly becoming an issue for many projects across the world. We also take a review of alternative gas usage and a strategic look at these upstream process choices facing producers and marketers in this changing global gas environment.

What You Will Learn

• The LNG business in a global gas context from both a technical and commercial perspective
• Upstream gas process choices
• The strategic decisions surrounding choosing an LNG route
• The terminology associated with the LNG business
• Appreciation of global and national gas supply and demand drivers
• Understanding of both the existing and new LNG markets worldwide
• The essentials of liquefaction, shipping, regasification and storage
• Invaluable insight into LNG contracts and short-term trading

Who Should Attend?

Delegates encouraged to attend include individuals and companies new to the LNG sector, sales and marketing professionals within the electricity and gas industries, planners and analysts within the electricity and gas industries, professionals working within the LNG sector who require a broader perspective, natural gas traders and shippers, consultants and IT providers wishing to understand LNG better, equipment and service providers to the industry and regulators, bankers and lawyers working with LNG companies are encourged to attend.

Course Contents

This essential course provides participants with a stimulating mix of classroom instruction, real-life case studies, discussion with practising top international LNG experts and interactive syndicate exercises and business game supplying:

In-depth coverage of the key technical areas of the whole LNG supply and value chain

• LNG overview - what is it
• Gas processing and quality issues
• Liquefaction - processes, equipment and developments
• Terminals - onshore, offshore and floating for export and import
• LNG shipping - vessels, project requirements, costs, shipping rate and netback calculation, future issues and key developments
• Regasification - processes, equipment and examples
• LNG storage – tanks, process equipment and developments

Analysis of the strategic choices that lead to an LNG project decision

• Upstream production overview
• Pipeline, GTL, LNG, CNG and others - processes and monetisation options
• The strategic choice - how to make it
• Gas monetisation project - syndicate exercise
• Project sensitivities

Clear insight to capitalise on current developments in the global LNG markets

• LNG market fundamentals
• The Atlantic Basin - North America and Europe
• Asia Pacific region - the old, emerging and the new
• Southern cone and South Africa
• LNG pricing and market pricing sensitivities
• Long term and "spot" market discussions

Analysis of the critical supply-side issues

• LNG export plants and projects - Asia, Europe and South America
• New project timing issues
• Australian LNG developments
• Russian LNG for the future

Understanding of the commercial concepts in LNG contracts and trading

• LNG contracts - interdependence
• The SPA - key terms and developments
• Shipping contracts - types and issues
• Advantages of FOB, CIF and DES shipping arrangements
• Terminal user agreements
• Disputes
• Arbitrage and cargo swaps
• Short-term trading - what's new