VIRTUAL INSTRUCTOR LED TRAINING (VILT)

LNG FUNDAMENTALS

19 - 23 OCTOBER 2020

About The Course

Liquefied Natural Gas (LNG) has provided intercontinental mobility to natural gas, which now provides about 25% of the global primary energy. Being the cleanest fossil fuel, natural gas consumption is rapidly increasing.

 

This introductory level Virtual Instructor Led Training (VILT) provides a solid foundation to understand Gas and LNG Businesses by covering the relevant Technical, Commercial, Financial and Contractual aspects.

 

Real-life examples will help to illustrate the main concepts and possibilities.

 

Economics of Liquefaction and Regasification projects are developed and compared with those for Natural Gas and Oil.

 

The entire LNG Value Chain from “produce natural gas – pipeline transport to Liquefaction facility – Liquefaction- Storage – Shipping – Regasification and Distribution” is described step by step and analysed.

 

Project Business models employed are outlined, highlighting the main actors for each segment of the LNG Value Chain, and the relevant Contractual aspects.

 

Recent developments, including Floating LNG, Floating LNG Power, small scale LNG, LNG as an alternative transportation fuel will also be briefly described.

 

Project and Commercial risks at various steps in the LNG value chain will also be discussed, with particular emphasis on pricing formulae used for longer term supply contracts and the changing trends in this area.

 

Finally, the outlook for LNG and its role in the Energy Transition – towards a lower carbon emissions future – will be discussed.

Course Fees

Early bird

SGD 2,799 / RM 8,397

 

Normal fees

SGD 2,999  / RM 8,997

Learning Outcomes

After the completion of this VILT, participants will be able to:

  • Understand the importance of LNG as a hydrocarbon fuel in the world energy balance.
  • Understand how Liquefaction and Regasification facilities are designed and operated.
  • Understand how LNG shipping operates.
  • Appreciate how the entire LNG Value Chain operates internationally.
  • Learn how an LNG project is set up and its economics and success factors.
  • Understand functioning of the LNG markets and the pricing and contract mechanisms applied in the LNG Value Chain.
  • Discuss the business structures required to improve performance and minimise risks.
  • Discuss the Outlook for Natural Gas and LNG, new applications and their role in Energy Transition.

Who Should Attend

LNG professionals are drawn from both technical (project, shipping and production operational) and non-technical (commercial, finance, legal and governance) backgrounds.

 

Participants with expertise in one area of the value chain will benefit from the VILT by obtaining good grounding in all other relevant areas.

 

This VILT is pitched at an introductory level.

 

This VILT is most relevant for the following professionals engaged in the LNG industry:

  • International Oil & Gas majors
  • National Oil & Gas Companies
  • EPC Contractors
  • LNG Exporters / Importers / Traders
  • LNG Project Finance Institutions
  • Law firms
  • Investors
  • Government and Regulatory Agencies
  • Joint Venture Partner Representatives

You will meet the following professionals from Gas, Power, Shipping and LNG industry:

Liquefaction plant/asset technologists and managers * Sales & Marketing Commercial Managers * Economists * Shipping Managers * Schedulers and Planners * Finance and Accounting Staff * Project Financiers * Business Development Managers * JV Board Members / Governors

Expert Course Faculties

Your expert course leader is an Oil & Gas/LNG professional with more than 35 years of international experience (in The Netherlands, France, Thailand, Dominican Republic, Nigeria), majority of which was gained at Shell International Joint Ventures engaged in Oil Refining, Supply/Trading, Gas Supply and LNG businesses. Since 2016, he has been active as an independent consultant. His earlier career had seen him taking on various roles such as Non-Executive Shell Board Member of Nigeria LNG Companies, Integrated Planning and Scheduling Manager at Nigeria LNG, Supply & Technical Director in a Shell-JV Oil Refinery/Import terminal in the Dominican Republic, Refinery Chief Technologist, Technology Assessor and Research Associate at Shell International.

 

He played an active role in the operational management of the Nigeria LNG Ltd (NLNG) since 2004, where he was involved in the start-up and integration of LNG trains 4, 5, and 6 with NLNG becoming the third-largest LNG producer worldwide in 2007. He took part in organisational transformation from a Project based setup to a Production/Commercial based structure and implemented an “Integrated Planning and Scheduling Department” in which he optimised the value chain (Buy-gas – Liquefy – Deliver-Product). Staff competence management was one of his focus areas during this period. He was also an NLNG representative on JV Technical, Shipping and Commercial Committees and interfaced with Governmental Agencies.

 

In 2014, he was appointed as Shell Shareholder representative to Nigeria-LNG and became a Non-Executive Board member to NLNG companies. During this period, he was involved in steering the Shipping Fleet and Plant Rejuvenation projects and a further liquefaction capacity expansion (NLNG Train 7 project achieved FID in December 2019) to increase site capacity to 30 MTPA.

 

Since 2016, he has been active as an independent consultant. He co-authored 2 patents and more than 30 published papers/presentations. He holds a PhD from Delft University of Technology in the Netherlands and BSc, MSc from University of Birmingham, UK, in Chemical Engineering.

TESTIMONIALS FROM PAST PARTICIPANTS

“Excellent lecturers, and very informative. Lecturers are experienced, relaxed and friendly, and they can answer to all the questions provided by participants.”  – Energy Market Authority

“This course is very useful and I can learn much more about the LNG business.”  – PTT PLC

“Educative and an important course for new entrants in the LNG business.”  – Sui Southern Gas Company Ltd

“A comprehensive, detailed and informative course by 2 experienced and humorous trainers with 30 years’ of experience.”  – Hyundai Energy and Resources

“Timely course well conducted and covers the whole LNG chain.”  – TNB Fuel Services

This training course will be conducted as a Virtual Instructor Led Training (VILT). Delegates will receive a confirmation email after successful registration. 
Soft copy course materials & Certification of Completion will be provided to registered participants. 

Unique Features with powerEDGE Training

  • Pre-Course Questionnaire (PCQ) 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