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Liquefied Natural Gas Economics

4 days ENE/LGE
Level
Foundation
Audience
  • This training is beneficial to professionals from the oil, gas or power industries or from the banking, insurance, and consulting sectors who need to understand LNG activities and their economic stakes.
Purpose
  • This training provides an overview of the economic and contractual aspects of the LNG (Liquefied Natural Gas) value chain.
Learning Objectives
  • Upon completion of the course, participants will be able to:
  • evaluate the economics of each part of the LNG value chain,
  • analyze the basic structure of LNG contracts,
  • identify the main LNG markets and their evolution,
  • evaluate the profitability of investments in the LNG industry.
Prerequisite
  • No prerequisites for this course.
Ways and means
  • Quizzes.
  • Videos.
  • Examples of contracts.
  • Exercises on LNG contracts.

GLOBAL GAS SCENE & LNG MARKETS 1 day
  • Natural Gas uses, reserves, supply and demand.
  • New outlets for LNG (retail LNG).
  • International gas trades and importance of the LNG.
  • Evolution of the LNG trading and pricing.
  • Main LNG markets: America, Europe and Asia (Mature markets: Japan and South Korea & emerging markets: China, India, …).
  • Risks for the different LNG actors: liquefaction, shipping, portfolio players, buyers, …
  • Unconventional gas and its impact on LNG markets.
TECHNICAL ASPECTS OF THE LNG CHAIN 1.5 days
  • LNG: properties and specifications.
  • Design of the different parts of the LNG chain.
  • Liquefaction plants, LNG tankers, regasification terminals.
  • Main projects of LNG terminals in the world and their exploitation.
  • Capital expenditures and operating costs.
  • Economic evaluation of a LNG project.
  • New trends in the LNG industry: FLNG, FSRU, small scale LNG.
LNG CONTRACTS 1.5 days
  • Main features and important articles in LNG contracts.
  • LNG pricing: price formulae, indexation and net-back value.
  • Tolling agreements.
  • Impact of gas markets liberalization and third-party access to regasification terminals.
  • Coexistence between long-term contracts and short-term contracts.
2017 course calendar
Language Dates Location Tuition Register
Jun 20 - 23 Rueil €3,200 Online
Sep 19 - 22 Rueil €3,200 Online