The LNG Value Chain & Operational Risk Management

What are the Goals?

At the end of this training course, you will learn to: 

• Understand the role LNG plays in future energy security and how LNG trade is revolutionizing the gas industry
• Be able to determine the key points influencing global LNG trade
• Comprehend the technology and developments
• Understand end to end operations and commercial considerations that form the LNG value chain
• Recognize the environmental advantages of LNG as an alternative fuel, including road, industrial and marine uses

Who is this Training Course for?

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

• Managers, supervisors, and engineers within the LNG industry
• Professionals within energy trading and operations/asset management
• Interested parties within the energy industry and technology
• Interested parties within risk management and insurance
• Professionals within retail and road transport fuels
• interested parties within bunkering developments
• Other Engineers who would like a further understanding of the LNG industry and processes

Daily Agenda

Day One: Introduction to LNG and projects

• What is LNG
• Energy mix and strategy
• Security of supply
• Export terminals 
• Import terminals 
• Current trends

Day Two: Global LNG trade and Stock Management  

• Trade Considerations
• Trade routes
• Value chain and losses
• LNG and gas interchangeability
• Quality considerations

Day Three: LNG Shipping and Custody Transfer

• Containment technology
• Shipping developments
• View of current tonnage
• Custody transfer
• Export fiscal measurement
• Stock reconciliation

Day Four: Technological Developments  

• Arctic LNG
• Reload and trans-shipment operations
• Floating Storage and Regasification Units (FSRU)
• Floating LNG (FLNG)
• Small scale technology
• Road tankers
• Retail LNG
• LNG Bunkering

Day Five: Operational Risk Management

• Operational hazards
• Protection and mitigations 
• Seveso and COMAH regulations
• Industry losses
• Risk quality
• Benchmarking of risk
• Public opinion of LNG operations and safety