LNG Commercial Management

Introduction

LNG is natural gas that has been converted to liquid form by cooling -160C for the ease of storage, transportation and distribution. Natural gas currently accounts for 22% of aggregate global energy supply. LNG is the most energy efficient fossil fuel— it offers important energy saving benefits when it is used instead of oil or coal. It is also a source of hydrocarbons for petrochemical feedstock and a major source of elemental sulphur. Its popularity as an energy source is expected to grow substantially in the future because LNG can help achieve two important energy goals for the twenty-first century— providing the sustainable energy supplies and services needed for social and economic development and reducing adverse impacts on global climate and the environment in general.

This interactive, applications-driven 5-day LNG Commercial Management training course will highlight the wide array of LNG business features from beginning to the end. This LNG Commercial Management training course is designed to help managers and professionals to expand their business knowledge and stay top of LNG business dynamics.

This LNG Commercial Management training course will feature:

• The fundamentals of LNG, production, transportation, pricing and its business economics
• Global supply-demand, global production, global market dynamics
• Analysis of technical, commercial, contractual business transactions
• Understanding LNG Supply, Sales and Purchase agreements
• Understanding LNG Regional Price Disparities, and Pricing Issuing  
• LNG Pricing structures key to future of LNG exports
• LNG Sales, Marketing and Trading
• Technical and economic success factors in business to support strategic initiatives, to mitigate risk, and to direct operational decision making

Objectives

By the end of this LNG Commercial Management training course, participants will be able to:

• Gain better understanding of the dynamics of the entire LNG value chain
• Understand LNG production, storage, transportation and distribution
• Understand the LNG Pricing Issues, Structures, for exports
• Distinguish various sales, marketing terms and conditions
• Understand the various terms in LPG sales and purchase agreements
• Learn economic evaluation benchmarks and determine return on investments 

Training Methodology

This LNG Commercial Management training course will utilise a variety of proven management learning techniques to ensure maximum understanding, comprehension and retention of the business tools, techniques and best practices presented. The daily workshops will be highly interactive and participative. Participants will learn by active participation throughout the programme through the use of programme materials, case study exercises, quizzes, training videos and discussion of business cases issues in their organizations.