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Gas & LNG Economics Certification

Gas & LNG Economics Certification

35 days
GER/GCEGGB
Sessions
This course is not scheduled.
Who should attend?

Level

  • Foundation
  • 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.
  • The assessment system is made up of two (02) elements:
  • an initial assessment and a final assessment, both identical and covering all the topics included in the training course,
  • in order to sanction the certification, at the end of each module from 1 to 7, participants must pass written exams, lasting one hour.
Learning Objectives
  • Upon completion of the course, participants will be able to:
  • be aware of the components of the global gas scene, the actual and on-going projects worldwide, as well as the gas market present and future trends,
  • specify the technical requirements, the possible process solutions and the development alternatives for bringing a given underground gas to market sales specifications,
  • be aware of the technical, operational and commercial conditions concerning the LNG transport, and to know about the legal and financial aspects of shipping,
  • practice the tools used for investment profitability analysis in gas field development, as well as those used for gas liquefaction, transport and commercialization,
  • be aware of the legal, contractual and financial framework of gas production, transportation, sales and purchase agreements and know the fundamental features and structures of such agreements,
  • understand the operational responsibilities of the actors from the chain Front-to-Back, and be aware of the dependencies between these different trading activities.
Course Content

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

5 days

  • 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

5 days

  • 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

5 days

  • 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

5 days

  • 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

5 days

  • 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

5 days

  • 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

5 days

  • 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.
You might be interested by these trainings
Ways & Means
  • Quiz.
  • Case studies simulated on computers.
  • Exercises on contracts and simulation of negotiation.
  • Videos.
Certification
  • An international recognition of your competencies.
  • A Graduate Certificate is obtained.
  • An expertise confirmed in Gas & LNG Economics Certification.
  • Ready-to-use skills.