Gas & LNG Economics Certification

GER/GCEGGB

Who should attend?

  • The certifying training is part of a professional career move to a post that requires in-depth knowledge of the economic and contractual stakes of the Gas & LNG chain.

Level : Foundation

Course Content

  • Module 1: NATURAL GAS: TYPES, SPECIFICATIONS & PROCESSING TECHNOLOGIES

      • Fundamentals of natural gas composition, characteristics, production and field processing.
      • Technical issues and specific constraints of natural gas transport and storage.
      • Review of the various end-user markets available for valorizing natural gas.
      • Key natural gas chain economic issues.
  • Module 2: UPSTREAM ECONOMICS & MANAGEMENT

      • Key issues and constraints in the contractual negotiations between host countries, NOCs and IOCs.
      • Overview and analysis of the different tax systems and contractual frameworks in existence.
      • Main contractual and fiscal clauses of E&P contracts.
  • Module 3: GAS & LNG CHAIN ECONOMICS

      • Natural gas in the world energy balance, and the strategies of the main industry actors.
      • Outlets of natural gas and the new trends in gas and LNG industry.
      • Main technical, economic and contractual features of the natural gas value chain, from the production well to the final consumer.
      • Gas and LNG markets and their evolution (prices, hedging…).
  • Module 4: CONTRACTUAL FRAMEWORK OF GAS & LNG MARKETING

      • Main articles of long-term natural gas and LNG agreements.
      • Key points of the commercial clauses.
      • The principles of natural gas pricing and transportation.
      • The technics of negotiation of Master Sale and Purchase Agreements.
  • Module 5: SHIPPING: GENERAL FEATURES, CHARTERING CONTRACTS & OPERATIONS

      • Legal framework.
      • Contractual and fiscal framework.
      • Main clauses of petroleum contracts.
      • Nautical capacity and technical criteria of a ship in particular for the transport of hydrocarbons.
      • Risks associated with maritime activities (boating, environmental, policy…), as well as the regulations and related procedures.
      • Operational and strategic constraints that apply to the ship-owner or the carrier.
      • Negotiation in the best possible of conditions contract litigations deriving from oil products marine operations.
      • The tanker chartering market.
  • Module 6: INVESTMENT PROFITABILITY STUDIES IN THE GAS INDUSTRY

      • Development of advanced computer models for the economic evaluation Gas projects.
      • Incorporation of specific financing plan through equity profitability analysis.
      • Analysis of the economic results and carry out sensitivity analysis.
      • Incorporation of the risk and uncertainty in the economic evaluation of Gas projects.
  • Module 7: OPERATIONAL MANAGEMENT OF GAS TRADING

      • Description of the activities of each actor from Front to Back (stakes and technics used).
      • Evaluation of the associated risks to each phase of the gas trading.
      • Understanding of the tools to hedge the risks on the financial markets and evaluation of their efficiency as well as their limits.
      • Means of detection, measurement, and control of the risks thanks to a trading organization.

Learning Objectives

  • Upon completion of the course, participants will be able to:
  • be aware of the components of the global gas scene,
  • specify the charcateristics of natural gas and detail the natural gas chain,
  • be aware of the technical, operational and commercial conditions concerning shipping,
  • make investment profitability analysis in the gas sector,
  • identify the main clauses of gas and LNG agreements,
  • understand the operational responsibilities of the actors from the chain Front-to-Back.

Ways & Means

  • Quiz.
  • Case studies simulated on computers.
  • Exercises on contracts and simulation of negotiation.

Certification

  • An international recognition of your competencies.
  • A Graduate Certificate is delivered.
  • An expertise confirmed in Gas & LNG Economics .
  • Ready-to-use skills.