Gas chain economics and energy transition - IFP Training Certificate

Graduate Certificate

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 - 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 - 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 3: Natural Gas: Types, Specifications & Processing Technologies - Duration : 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 different end-user markets available for natural gas upgrading.
      • Main economic issues of the natural gas chain.
  • Module 4: LNG: Risks, TECHNOLOGIES, and Operations - Duration : 5 Days

      • The LNG chain: liquefaction, transport, storage, regasification.
      • Specific properties of LNG - cryogenics.
      • Liquefaction and revaporization processes.
      • Vessel specifications, operation and operations.
      • Regasification terminals: storage, loading/unloading, regasification.
      • Operation of LNG facilities.
  • Module 5: Economics and management of upstream gas - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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.


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 :