LNG Fundamentals
Details
The course contrasts the technical and commercial differences between LNG and natural gas to point out benefits and constraints that arise from the LNG option. A description is given of the elements in the “gas chain” which apply to LNG and of drivers that would lead to optimisation of design and commercial operation. The range and role of relevant parties to a successful LNG project are described. Regulatory authorities are also concerned with LNG safety, which is covered in detail. Ways and means by which a new entrant to a proposed LNG project may ensure an investment that meets expectations.
Actual case histories will be used frequently to demonstrate learning points. Case histories and exercises will deal with examples taken from international and local experience.
An introduction to terminology and practical “rules of thumb” should further enhance the participant’s ability to immediately contribute to a successful gas project – and to ask the right questions to test and improve the viability of a proposed project.
To find out more, follow the link below:
https://www.petroedgeasia.net/course/PD215-PD190-LNG-Fundamentals
Outline
Listen to the fundamental technical and economic factors that have driven and will drive the successful development of natural gas reserves by means of an integrated liquefied natural gas (LNG) project. The current exponential growth in the use of natural gas through international trade in LNG is explored.
LNG project development executives are drawn from both technical (E&P geoscience and engineering) and non-technical (commercial, finance and legal) backgrounds. Participants who have recently joined an LNG market development team, perhaps with expertise in one area of gas development, will benefit from the course by obtaining a good grounding of all other areas.
You will meet the following professionals from the LNG industry:
- Sales & Marketing
- Economist
- Risk Management
- Finance & Accounting
- Project Financiers
- Investment Analyst
- Energy Lawyers
- Strategic Planners
- Gas Engineers
- Asset Managers
On completion, you will be able to:
- Understand the special characteristics of LNG which both broaden and yet constrain the commercial and technical links in the “gas chain”
- Generate options for market development proposals
- Understand risks and their mitigation
- Negotiate more effectively the terms of LNG sales agreements
- Understand the perspectives of the investor, the operator, the customer and government towards the LNG project
- Recognise political and diplomatic implications of international trade in LNG
Speaker/s
Michael Williams is an energy professional with worldwide experience particularly in gas and LNG, most recently in China and Taiwan. As Managing Director (Gas & Power) for Shell in China, was acknowledged as a major influence in the change of China’s energy
policy to import LNG and to utilise gas. He has expertise in all phases of the gas and LNG business, and is acknowledged by industry experts, Governments and Government Expert Committees. Now a consultant and Board Member. Has consulted worldwide on all aspects
of gas and LNG. Member of the Western Australia Gas Panel of Experts.
Richard Harrison
Richard Harrison is a private consultant in the field of natural gas market development and is interested also in the integration of commercial and environmental opportunities offered by the use of natural gas. Mr Harrison was formerly with
the Shell Group of Companies for 30 years. His final post was General Manager, Natural Gas and Project Development Manager for Shell in China from 1997 to 2001. His main responsibility was to develop a liquefied natural gas (LNG) import project, as well as
sales and marketing of natural gas, in China.
Special Offer
Normal fee: SGD 5,100.00
Early Bird Promo: SGD 4,900.00
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