About this Virtual Instructor Led Training (VILT)
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) course 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.
After the completion of this VILT course, 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.
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 course is pitched at an introductory level.
This VILT course 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
- Basic or Foundation
This VILT course will use real-life examples and discussions to complement the lecture material and stimulate deeper analyses.
The VILT will be delivered online in 5 half-day sessions comprising 4 hours per day, with 2 breaks of 10 minutes per day.
Course Duration: 5 half-day sessions, 4 hours per session (20 hours in total).
Your expert course leader is an Oil & Gas/LNG professional with more than 35 years of international experience, majority of which was gained at Shell International Joint Ventures engaged in Oil Refining, Supply / Trading, Gas Supply and LNG Businesses in the Netherlands, France, Thailand, Dominican Republic and Nigeria.
Since 2004, he has had several roles in the management of the LNG Value Chain including the Commercial Operational Management of Nigeria LNG (NLNG). He played an active role in the start-up and integration of LNG trains 4, 5 and 6 with NLNG becoming the 3rd largest LNG producer in the world in 2007. Commercial operations spanned 4 Gas Supply, 11 LNG Sales & Purchase Agreements, ad-hoc LPG and Condensate Sales and LNG Ship Chartering contracts. Under his supervision, more than 2,000 LNG cargoes were exported. He was part of the organizational transformation of the company from a Project-based set-up to a Production / Commercial based structure and implemented an “Integrated Planning and Scheduling Department”” in which he optimized the value chain (Buy-Gas – Liquify Gas to LNG – Sell – Ship LNG). Staff competence management was one of his focus areas during this period. He was also the NLNG representative on JV Technical, Commercial, Shipping Committees where he interfaced with Government & Regulatory authorities.
In 2014, he was appointed as Shell Shareholder representative to NLNG and became a Non-Executive Board member to NLNG companies, including Bonny Gas Transport (BGT) managing 24 LNG Ships. During this period, he was involved in the Economic and Technical steering of the Shipping Fleet and Liquefaction Plant Rejuvenation projects and a further capacity expansion of liquefaction plant which resulted in the achievement of NLNG train 7 project FID in 2019.
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 a MSc and BSc in Chemical Engineering from the University of Birmingham, UK.
To further optimise your learning experience from our courses, we also offer individualized “One to One” coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.
Request for further information about post training coaching support and fees applicable for this.
Learn what past participants have said about PetroEdge training courses
The modules are very comprehensive, covering all LNG value chain
Executive, Tenaga Nasional Berhad
After the training, handling LNG at the terminal will be easier. It helps once we are familiar with the "gentle giant".
Manager, Sabah Ports
The trainer is very experienced in the process of LNG.
Utilities Engineer, Bahru Stainless Sdn Bhd
The course covered wide range of topics.. the contents presented has exceeded my expectations. I have a higher level of knowledge after this course
Business Planner, Malaysia Thailand Joint Authority (MTJA)
I have enjoyed the course as it provides basic yet comprehensive information on LNG. The trainer is very knowledgeable and helpful
New Energy, Single Buyer
Very knowledgeable trainer.
Engineer, Tenaga Nasional Berhad
I gained lots of new knowledge and latest information on LNG, and it was presented at the right level particularly for non-technical participants.
Executive, TNB
Trainer was very experienced in the field and shared his knowledge well in addition to his experience.