PROGRAM SCHEDULE
Ref No: OG 118 Program Name: Dynamics of LNG Industry
PROGRAM DETAILS
Introduction
The Liquefied Natural Gas (LNG) industry has evolved into one of the most dynamic and influential sectors within the global energy market. As the world transitions towards cleaner energy sources, LNG has emerged as a crucial component of the energy mix, offering a flexible and relatively lower-carbon alternative to traditional fossil fuels. The increasing demand for LNG, driven by rapid industrialization, energy security concerns, and decarbonization initiatives, has led to significant advancements in LNG technology, project development, trading mechanisms, and regulatory frameworks.
This comprehensive 5-day training program is designed to provide participants with in-depth knowledge of the LNG value chain, industry trends, emerging best practices, regulatory frameworks, and commercial considerations shaping the sector. Participants will gain insights into the latest technological innovations in LNG liquefaction, storage, transportation, and regasification. The program will also address key commercial and financial aspects, such as LNG trading strategies, pricing models, contract structuring, and risk management approaches.
With a strong emphasis on global best practices and real-world case studies, this program will equip energy professionals with the strategic and operational understanding required to navigate the complexities of the LNG sector successfully. Participants will explore cutting-edge developments such as floating LNG (FLNG), small-scale LNG solutions, and digital transformation in LNG operations. Additionally, the program will discuss the geopolitical factors shaping LNG markets, the evolving role of LNG in energy transition policies, and the financial mechanisms supporting LNG infrastructure investments.
By attending this program, participants will gain a competitive edge in understanding the LNG industry’s evolving landscape, enabling them to make informed decisions and optimize their LNG-related operations and investments
Learning Objectives
By the end of this program, participants will be able to:
- Gain a comprehensive understanding of the LNG value chain, from upstream production to downstream consumption.
- Analyze emerging trends and best practices in LNG project development, trading, and commercial structuring.
- Understand the latest technological innovations in LNG liquefaction, storage, and regasification.
- Evaluate market dynamics, pricing mechanisms, and risk management strategies in LNG trading.
- Navigate the complexities of LNG contracts, regulatory frameworks, and geopolitical influences.
- Explore the role of LNG in the energy transition and decarbonization strategies.
Training Methodology
This program will be delivered using a combination of:
- Expert-led presentations and case studies.
- Interactive group discussions and knowledge-sharing sessions.
- Real-world simulation exercises on LNG trading and risk management.
- Hands-on analysis of global LNG projects and contract structures.
- Industry guest speakers sharing insights on best practices
Target Audience
This program is designed for:
- Senior executives and decision-makers in the LNG and energy sectors.
- LNG project developers, traders, and commercial managers.
- Government and regulatory officials overseeing LNG policies.
- Investment analysts and financial professionals involved in LNG financing.
- Engineers and technical professionals seeking strategic insights into LNG operations.
- Legal and contract specialists handling LNG agreements.
Program Contents
Day 1
Introduction to the LNG Industry
- Exploration, development and LNG production, shipping, importation
- The value chain: from wellhead to burner tip
- Players: governments, NOCs, IOCs, banks and insurers etc
- Cost and value drivers; shareholder expectations
Natural Gas Value Chain
- Exploration and production
- Processing and Production
- Sales gas transmission
- Underground storage
- Distribution
- Sales gas and product specifications
Global Production
- Global producers of LNG
- Projects currently under development
Global Markets
- Global users of LNG
- Projects currently under development
Gas Conditioning Processes
- Excess water removal
- Contaminants removal
- NGL separation
Day 2
Logistics Lifecycle of LNG
Nitrogen Rejection Processes
- Cryogenic process
- Absorption process (using lean oil or solvent) Membrane separation
- Adsorption process (activated carbon) Storage System
Pipeline Operations
- Basics of gas pipeline
- Gas flow measurement
Storage tanks
- Vapour recovery system LACT unit
- Sampling
- Natural Gas Transportation
- Pipeline components
- Compressor stations
- Metering stations
- Valves
- Control stations
Liquefied Natural Gas (LNG)
- Why LNG a growth industry
- Compression & Refrigeration
- Transportation of LNG
- Major LNG Exporting nations
- Major Importing nations
Day 3
LNG Economics (Sales, Marketing & 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
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 versus 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