Gas chain economics and energy transition - IFP Training Certificate
Graduate Certificate
GCEG-EN-P
Who should attend?
The natural gas market, including LNG (liquefied natural gas) in particular, has experienced strong development. This sector is impacted by the energy transition and the development of competing energies.
The IFP Training Certificate program in gas chain economics in this context of the energy transition provides knowledge and know-how to professionals in key disciplines solicited in upstream to downstream gas marketing development projects. It offers professionals the opportunity to acquire high-level skills in the fields of gas project economics as well as an in-depth understanding of the industrial dynamics observed in this natural gas sector.
Public :
This training is aimed at all key players engineers, market analysts, project managers, managers, professionally evolving towards a position requiring in-depth knowledge of the economic and contractual issues of the Gas & LNG chain in this context of energy transition.
Level :Knowledge
Prerequisite :
Are admitted to follow this training course candidates holding at least:
a Master's degree or equivalent in engineering, economics, finance or legal with at least 2 years of professional experience.
a bachelor's degree with a minimum of 5 years of professional experience.
Applicants must provide proof validating these prerequisites, e.g. (copy of engineering degree, master’s degree, bachelor's degree or equivalent).
Course Content
Module 1: Energy issues and impact on the gas market IN THE 21st CENTURY
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Duration : 3 Days
Climate commitments.
Energy needs and climate change.
Energy transition and geopolitics.
Oil and gas vs electricity.
Oil and gas company strategies.
Module 2: Saving the gas chain and LNG
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Duration : 4 Days
Natural gas in the global energy balance and the strategies of the main players in the industry.
Natural gas opportunities and emerging trends in the gas and LNG industry.
Main technical, economic and contractual characteristics of the natural gas value chain, from the production well to the final consumer.
Gas and LNG markets and their evolution (price, hedging, etc.).
Module 5: Economics and management of upstream gas
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Duration : 4 Days
Key issues and constraints in contract negotiations (government, national and international companies).
Overview and analysis of the different tax systems and contractual frameworks that exist.
Main contractual and tax clauses of E&P contracts.
Module 6: Contractual framework for the marketing of gas and LNG
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Duration : 4 Days
Main articles of long-term agreements on natural gas and LNG.
Key points of the commercial clauses.
Natural gas pricing and transportation principles.
Techniques for negotiating master sales and purchase contracts.
Module 7: Profitability studies of investments in the gas industry
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Duration : 5 Days
Development of advanced computer models for the economic evaluation of gas projects.
Incorporation of a specific financing plan through the analysis of the return on equity.
Analysis of economic results and conducting sensitivity analyses.
Taking into account risk and uncertainty in the economic evaluation of gas projects.
Government Policies and Support Programs / Investment Incentives and Barriers.
Module 8: Underground Carbon Capture and Storage (CCUS) and its economic impact on the gas chain
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Duration : 5 Days
CCUS technologies: Where do we stand? Synergies with natural gas?
Integration of a CCUS project upstream of a gas project and development cost.
CCUS price vs carbon credit.
Profitability and financing of carbon capture and storage.
Economic impact of CCUS and carbon credits on the profitability of gas projects.
Module 9: Investment and Project Management Throughout of the gas chain
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Duration : 5 Days
Preliminary studies, conceptual studies, EPC phase and project implementation plan.
Local content and sustainable development.
Phases of a gas project. Detailed engineering of an LNG project and associated activities.
Technical contracts. Project organization, governance, interface and communication management.
HSE management, quality and risks. Project management: costs and planning.
Case studies.
Module 10: Downstream gas market in emerging countries and convergence Gas & electricity
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Duration : 5 Days
Modern natural gas markets: segmentation and regulation in emerging countries.
Operation of the downstream natural gas market.
Natural gas trading: physical market and financial market.
The role of LNG in the globalization of transactions.
Gas / Electricity: competition and convergence.
Module 11: Focus on natural gas and energy transition
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Duration : 5 Days
Future of fossil fuels: Another important role for natural gas.
Natural gas value chain and carbon neutrality.
Sustainable development for gas and LNG.
Gas and LNG saving vs carbon storage.
Natural gas resource for electricity generation.
FINAL PROJECT
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Duration : 5 Days
End-of-study project on a theme specific to the economics of energy transition.
Learning Objectives
Upon completion of the course, participants will be able to:
Be aware of the components of the global gas scene,
Specify the characteristics 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
Highly interactive training with industry expert speakers.
Computer-simulated case studies based on gas projects.
Quizzes, videos and application exercises.
Scenario, negotiation role plays.
Learning assessment
The assessment system is made up of two (02) elements:
an entrance assessment, dealing with all the topics covered during the training,
at the end of each MCQ teaching unit and problems of application of prior learning.
More
Coordinator :Permanent and contracted IFP Training trainers having expertise in technical and economic aspects of the gas and LNG chain.
To French entities : IFP Training is referenced to DataDock ; you may contact your OPCO about potential funding. Please contact our disabled persons referent to check the accessibility of this training program : referent.handicap@ifptraining.com
IFPT Account
