LNG Industry Foundations: Supplies, Market, and Trading (LIF3)
Course Summary
Liquefied natural gas (LNG) is an increasingly important fuel in the global energy marketplace. You will learn about the potential supplies and their characteristics and their uses in the different market sectors. Recent changes in contract terms, pricing, economics, and the availability of spot cargoes; all of these are transforming the industry from what was previously a regional market to what is now a global source of gas supply. The growth of regional trading hubs for gas and LNG has opened up the opportunities for futures and derivatives trading. Additionally, the Russia-Ukraine conflict is having a significant impact on European LNG demand and future energy policy.
This is the third part in the LNG Foundations series and users are advised to take the following courses first, or have equivalent knowledge:
LNG Industry Foundations: Physical Characteristics and Processes (LIF1) and LNG Industry Foundations: Project Structure and Commercial Aspects (LIF2).
Course Content
You will learn to:
- Identify where LNG is produced and the prospects for new supply sources
- Identify where natural gas and LNG is used and the characteristics of the market sectors
- Recognize the characteristics and differences between the regional markets
- Identify how natural gas and LNG prices are established and the various regional price indicators
- Recognize how LNG trading is developing and what is required for an LNG trading portfolio
- Point-out the factors affecting the future development of the LNG business
Practice exercises and self-assessment quizzes are included to help reinforce key topics introduced throughout the course.
A comprehensive final test will be given at the end of the course.
Register For This Course
Buy Course