Advanced European Natural Gas (AENG)
Now that you have a satisfactory understanding of the gas industry in Europe,
find out about the latest developments and trends. This two day workshop will
give you a comprehensive understanding of the emerging European natural gas
market. Regulation and competition of natural gas in Europe is the prevalent
issue. Discuss in detail how different countries are implementing the EU Natural
Gas Directive, or responding to it. Types of competition and alternative
industry structures will be discussed as well as challenges for competitive gas
markets in Europe. Participants will also learn about drivers for natural gas
pricing. Potential trading hubs will be compared through interactive activities
and OTC gas contracting will be explained.
Who Should Attend
Anybody who has a physical or financial interest in the energy industry will
benefit from the insight this course offers. Whether you are involved in
accounting, trading, investment management or banking the emergence of European
Natural Gas markets will affect you, and this course will help you understand
these new markets, and how they interact.
Prerequisites:
Delegates entering this course should already have successfully completed
Introduction to the European Natural Gas Industry
or have equivalent experience.
Pre-classroom Study
As part of our blended learning package,
this workshop has a specific web-based course which is recommended as
pre-classroom study. Upon registering for the workshop delegates will receive
details of how to access the web-based course. Access to the web-based course
is included in the price of the classroom course.
To optimize your classroom experience, it is recommended you take the
appropriate online study as close to the classroom date as possible.
The recommended pre-classroom study for this workshop is:
Gas Markets and Deregulation
What You Will Learn
- Essential requirements for a competitive gas market
- Regulation and competition in European gas markets
- What the EU Gas directive requires and how it is being implemented
- Options for gas industry structure
- Balancing of strategic national objectives and value of security of supply
- Pipeline access in different countries
- How is transmission being charged in different countries
- Where you can buy and sell gas in wholesale markets
- How is natural gas priced in Europe, and pricing trends
- Major border points for gas markets and analysis of relative merits of trading hubs
- Understanding what is necessary for a natural gas contract in Europe
- Difference between beach contract and hub contract
- What different market participants want out of a competitive natural gas market