Fundamentals of Natural Gas Basis Trading - NGBT 

CPE Credits Awarded: 8
Categories: The Natural Gas Industry , Trading, Derivatives, Hedging and Risk Management

Course Date Duration Venue Price Registration Deadline Register
Open date - Not scheduled. Please enquire.


After learning all there is to know about exchange-traded futures and options, traders are always faced with a complex dilemma - Basis. The "B" word can make or break a successful hedging or trading program. This one-day programme includes timely "real world" examples to reinforce the application of basis trading concepts and tools. After completing this course, delegates will have a strong working knowledge of basis trading. This knowledge will be put to the test during an exciting trading simulation.

Includes Online Pre-study Module
This course is accompanied by a preparatory course available online. Delegates will receive a web voucher as part of their joining instructions upon confirmation of registration. By taking advantage of this "blended" learning approach, in-class time and learning are optimized.


A thorough understanding of basic hedging principles with exchange traded instruments, forwards and swaps.


Class delegates include everyone from trade support staff all the way up to senior management — anyone who needs to learn how to analyze and take advantage of proper basis risk/opportunity analysis. The programme deals with many different energy commodities.


Basis fundamental analysis including:

  • Weather
  • Regional supply/demand analysis
  • Current market perception
  • Transportation
  • Displacement analysis
  • Common errors of fundamental analysis

Basis statistical analysis, including:

  • Measurement of historical relationships
  • Seasonal analysis

Common basis-related instruments:

  • Basis swaps
  • Fixed-price swaps
  • NYMEX look-alikes


“Excellent course, well taught, very relevant.” L.H., PWGSC

“I wish I had taken this course several years ago.” D.V.D.B, Direct Energy

UK: (+44) 1865 250521   |   USA: (+1) 713 343 1699   |   Singapore: (+65) 6809 1170


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Mennta Energy Solutions (formerly The Oxford Princeton Programme, Inc.) is not affiliated with Princeton University, Oxford University, or Oxford University Press.