LNG FUNDAMENTALS

Master the essential Commercial and Technical Forces driving the Global LNG Value Chain

10 – 12 OCTOBER 2017, KUALA LUMPUR, MALAYSIA

About The Course

The 21st century has been coined the century of gas. The course will address 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.

Course Overview

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.

Learning Outcomes

On completion, participants in the course 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

Who Should Attend

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

Course Faculty - Michael Williams & Richard Harrison

Michael Williams

Michael is a consultant and a board member of the Western Australia Gas Panel of Experts

Michael Williams

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 utilize 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.

 

His influence on the development of energy policy in China and in Taiwan was recognised by the Energy Working Group of APEC and by the associated policy development body, APERC (Asia Pacific Energy Research Centre, based in Tokyo). For the past 4 years, has been invited to recommend energy policies to APERC and to critique energy policies developed by APERC. He has extensive experience of working with Joint Venture partners, including as a senior member of the management of the actual JV team. As Technical and Planning Manager in the Venezuelan LNG Project was responsible for all technical and planning aspects. As LNG Manager in the Sakhalin LNG Project, led all LNG planning for the project. Led the consortium of Shell, Marubeni and Osaka Gas to bid for the Guangdong LNG Project. He was the inaugural manager of the Onshore Treatment Plant of the North West Shelf LNG Project in Karratha. Set up the organisation and managed the start‐up and operation of the plant. He  has  always  maintained  a  keen  interest  and  capability  in  the technology of the gas and LNG business, and is respected by consultants and industry commentators for insight into the technology and its business applications

Richard Harrison

Richard has more than 30 year of experience in the LNG field

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. Mr. Harrison acted as the Shell delegate on the Joint Venture Project Committee of the Australian North West Shelf LNG project between 1993 and 1997. During that period he was also seconded part‐time to COAG Natural Gas Taskforce (to develop a national gas regulatory regime) to coordinate and report on the deliberations of the Upstream Working Group. Prior to that, Mr. Harrison  was  involved in managing the application of onshore and offshore  technologies  for  Shell’s  own  exploration  and  production  programme  ‐  the  successful  development of  gas projects for base and peak load duties in the UK Southern North Sea gas province, gas and oil venture assessments in Russia, Kazakhstan and Turkmenistan, and deep‐water gas and oil discoveries in The Philippines. Before joining Shell in 1972, Mr. Harrison worked for two years as a Field Geophysicist in Central Australia and Papua New Guinea for the Australian Government, Bureau of Mineral Resources (now ‘Geoscience Australia’) and for a further two years as a field party leader in Central Australia for a private exploration contracting company.

Topics Covered

Characteristics of Natural Gas & LNG

Natural Gas Exploration and Pipeline GasDelivery

Gas Liquefaction Processes

LNG Shipping and Terminal Issues

LNG Safety

Business Structure of an LNG project

International Competition for LNG Markets

Integrated LNG Project “Rules of Thumb”

LNG Outlook and Future Trends

This training course has a limited attendance for up to 25 participants only. Sessions commence at 9am on all days, with short intervals at 10.30am and 3.30pm respectively. Refreshments will be provided in the short intervals. Lunch will be provided at 12:30pm for 1 hour. Sessions will end at 5pm on all days.

Unique Features with powerEDGE Training

• Pre-Course Questionnaire to help us focus on your learning objectives
• Detailed Course & Reference Manual for Continuous Learning and Sharing
• Practical Exercises & Case Examples to better understand the principles
• Limited class size to ensure One-to-One Interactivity
• Assessment at the end of the course to help you develop a Personal Action Plan