LNG is natural gas that has been converted to liquid form by cooling -160C for ease of storage, transportation, and distribution. Natural gas currently accounts for 22% of the aggregate global energy supply. LNG is the most energy-efficient fossil fuel— it offers important energy-saving benefits when it is used instead of oil or coal. It is also a source of hydrocarbons for petrochemical feedstock and a major source of elemental sulfur. Its popularity as an energy source is expected to grow substantially in the future because LNG can help achieve two important energy goals for the twenty-first century— providing the sustainable energy supplies and services needed for social and economic development and reducing adverse impacts on global climate and the environment in general. This interactive, applications-driven 3-day IEMA LNG Supply, Demand & Pricing training course will highlight the wide array of LNG business features from beginning to end. This IEMA Oil & Gas Technology training course is designed to help managers and professionals to expand their business knowledge and stay on top of LNG business dynamics.

This IEMA training course will feature:

▪ The fundamentals of LNG, production, transportation, pricing, and its business economics
▪ Global supply-demand, global production, global market dynamics
▪ Analysis of technical, commercial, and contractual business transactions
▪ Understanding LNG Supply, Sales, and Purchase agreements
▪ Understanding LNG Regional Price Disparities, and Pricing Issuing
▪ LNG Pricing structures key to the future of LNG exports
▪ LNG Sales, Marketing, and Trading
▪ Technical and economic success factors in business to support strategic initiatives; mitigate risk and direct operational decision making
What are the Goals?
By the end of this IEMA training course, participants will be able to:

▪ Gain a better understanding of the dynamics of the entire LNG value chain
▪ Understand LNG production, storage, transportation, and distribution
▪ Understand the LNG Pricing Issues, Structures, for exports
▪ Distinguish various sales, marketing terms, and conditions
▪ Understand the various terms in LPG sales and purchase agreements
▪ Learn economic evaluation benchmarks and determine the return on investments
Who is this Training Course for?
This IEMA training course is suitable for a wide range of professionals but will greatly benefit:

▪ Business Development Managers
▪ Corporate Planning Professionals
▪ Geoscience & Engineering Professionals
▪ Supply Planners & Scheduling Professionals
▪ Government Regulators
▪ Law Professionals
▪ Tax & Finance Advisors
▪ Auditing Personnel
▪ Compliance Officers
▪ Equity Analysts and Bankers
▪ Joint Venture Officers
▪ Negotiators and Contracting Professionals
▪ Trading Professionals
How will this Training Course be Presented?

This IEMA LNG Supply, Demand & Pricing training course will utilize a variety of proven management learning techniques to ensure maximum understanding, comprehension, and retention of the business tools, techniques, and best practices presented. The daily workshops will be highly interactive and participative. Participants will learn by active participation throughout the program through the use of program materials, case study exercises, quizzes, training videos, and discussion of business case issues in their organizations.

Daily Agenda

DAY ONE: 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 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
▪ NGL Separation
DAY TWO: Essential Logistics of LNG

▪ Nitrogen Rejection Processes
▪ Cryogenic Process
▪ Absorption Process (using lean oil or solvent) Membrane Separation
▪ Adsorption Process (activated carbon) Storage System
▪ LNG Transportation Logistics
▪ 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 THREE: LNG Pricing Structures for Exports, Marketing, and Project Risks

▪ LNG Sales, Marketing, and Trade
▪ Price Disparity in Different Regions
▪ LNG Benchmarks
▪ Major Changes in LNG Business
▪ LNG Pricing Structures and Price Dynamics
▪ Natural Gas Prices
▪ Regional Pricing Disparity
▪ Pricing Structures Key To the Future Of LNG Exports
▪ Oil Linked LNG Pricing
▪ Business Sector
▪ Industry and Market Structure
▪ Natural Gas Demand
▪ Natural Gas Supply
▪ Economics of the Natural Gas Plants
▪ LNG Expanding Market
▪ LNG as Land Transport Fuel
▪ LNG as Marine Transport Fuel
▪ 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
▪ Maximizing Profitability of Gas Plant Assets
▪ Business Evaluation and Profitability Analysis
▪ Return on Investment Analysis
▪ Selection Criteria of Best Return on Investment
▪ Portfolio Management
▪ The Performance Strategy— Integrated Gas Plant
▪ The Successful Information Strategy
▪ Operations Strategy