International Gas Business

What are the Goals?

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

• Understand how natural gas is found in nature and how gas wells are developed
• Gain better understanding of the dynamics of the entire natural gas value chain addition from wellhead to the burner tip
• Recognize the major and common processes of the natural gas plants, and understand technical process drawings
• Determine various methods used to purify natural gas
• Understand the oil and gas facilities terminology
• Recognize how gas processing fits into the value chain for hydrocarbon products and identify the key issues at the plants
• Distinguish the difference between various gas conditioning and processing technologies, and decide which technique should be used based on the process
• Understand the principles of gas measurement and common measurement devices Discuss the market’s needs for NGL, LPG, ethane, propane and butane
• Understand the pipeline transfer
• Learn economic evaluation benchmarks and determine return on investments

Who is this Training Course for?

This training course is suitable to a wide range of professionals but will greatly benefit:

• Business Development managers
• Corporate Planning professionals
• Geoscience & Engineering professionals
• Supply Planners & Scheduling professionals
• Government regulators
• Law professionals
• Tax & Finance advisors
• Auditing personnel  
• Compliance officers
• Equity analyst and Bankers
• Joint Venture officers
• Negotiators and Contracting professionals
• Trading professionals

Daily Agenda

Day One: Setting the Natural Gas Scene in Energy Industry

• Natural Gas Fundamentals
• Introduction
• History
• Natural gas origin and sources
• Natural gas composition & classification
• Natural gas resources
• Natural Gas from Wellhead to the Market
• Exploration and production
• Processing and Production
• Sales gas transmission
• Underground storage
• Distribution
• Natural Gas Fundamentals
• Characteristics of natural gas
• Chemistry of oil and gas
• Raw gas contaminants
• Sales gas and product specifications
• Vapor/liquid separation principals
• Terminology
• Gas Traditional Processes
• Excess water removal
• Acid gas removal
• Dehydration
• Mercury removal
• Nitrogen removal
• NGL separation
• Gas sweetening and sulfur recovery
• Acid gas re­injection
• Natural gas liquids and dew point control

Day Two: Essential Logistics in Natural Gas Business

• Nitrogen Rejection Processes
• Cryogenic process
• Absorption process (using lean oil or solvent) Membrane separation
• Adsorption process (activated carbon) Storage System
• Storage tanks
• Vapour recovery system LACT unit
• Sampling
• Natural Gas Transportation
• Pipeline components
• Compressor stations
• Metering stations
• Valves
• Control stations
• Liquefied Natural Gas (LNG)
• Why LNG a growth industry
• Compression & Refrigeration
• Transportation of LNG
• Major LNG Exporting nations
• Major Importing nations
• Pipeline Operations
• Basics of gas pipeline
• Gas flow measurement

Day Three: Introduction to the LNG Industry

• LNG Sales, Marketing and Trade
• Price disparity in different regions
• LNG Benchmarks
• Major changes in LNG business
• Business Sector
• Industry and market Structure
• Natural gas demand
• Natural gas supply
• Economics of the natural gas plants
• Global Markets
• Where and who are the users of LNG
• Projects currently under development
• Key Project Risk and Value Identification
• Understanding the fundamental commercial drivers for project success
• Identification of key project risks (from a commercial perspective) and mitigation strategies
• Reserves definitions and reserves certification
• Completion and cost overrun risks
• Cost linkages to oil and gas prices

Day Four: Risk Management and Dispute Prevention

• Handling Risks
• Risk management techniques
• The Risk Matrix
• Disputes
• Causes of disputes
• Dispute resolution
• Arbitration and expert determination
• LNG Project Financing Essentials
• Financial structures in LNG
• Investment decision making
• The key value drivers in LNG financing
• Overview of LNG Financing Options
• Balance financing
• ECA and multilateral agency funding
• Capital markets
• Asset based financing
• Project financing and structured recourse financing

Day Five: License Agreements, Regulations, Future Trends

• Upstream Fiscal & License Agreements
• Fiscal and legal regimes worldwide
• Production sharing arrangements
• Regulations
• The history of regulations
• The market under regulation
• The environmental impact
• The Future Trends in Natural Gas Trends
• Trends in LNG markets
• Latest changes and movements in LNG trading
• The impact of shale gas
• Hubs vs. oil for price setting
• Market shifts in importation and liquefaction
• Mid and small scale LNG
• Floating and niche LNG concepts
• Wrap-up and Summary