About this Training Course
The LNG market is developing from a fully based market on long-term contracts, to a more flexible market based on a portfolio of contracts of different durations. The increase of LNG demand, fuelled by South Korea, Japan and several other emerging economies, are creating a base for a more flexible market, where the LNG spot market will be playing a key role.
Changes in the LNG market can be identified in the following areas: development of terminals and plant sizes, increased integration throughout the supply chain, diversification of supply sources, increased contractual flexibility and increased geographical distance. This is creating the foundation for the development of the LNG spot market right here in Asia today.
This 3-day intensive intermediate level course will give you cutting-edge knowledge needed in today’s complex LNG market. Increase your knowledge and understanding of the LNG market and spot trading aspects by attending this course.
By the end of this course, participants will be able to:
- Leverage on the current and global drivers of the world Natural gas and LNG markets
- Understand regional LNG pricing effects and who the key buyers and new sellers are
- Appreciate the trading structures of LNG and how to structure its risk management
- Understand the workings and future outlook of the Asian LNG Spot market
- Discover and exploit the arbitrage trading opportunities between the different markets
- Learn what LNG derivatives are and how it will become available for hedging and proprietary trading purposes
This course will benefit:
- LNG market development executives are drawn from both technical and non-technical (commercial, finance and legal) backgrounds.
- Participants in 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.
The course is pitched at an intermediate level, although those with a basic knowledge will be able to grasp most of the concepts covered.
Case studies and Exercises
The course will use actual case references throughout its duration in various forms. This will allow the application of the participants’ newly-acquired knowledge. Case studies also stimulate independent thinking and discussion among the participants.
Your course leader is a skilled and accomplished professional with over 25 years of extensive C-level experience in the energy markets worldwide. He has strong expertise in all the aspects of (energy) commodity markets, international sales, marketing of services, derivatives trading, staff training and risk management within dynamic and high-pressure environments.
He received a Master’s degree in Law from the University of Utrecht in 1987. He started his career at the NLKKAS, the Clearing House of the Commodity Futures Exchange in Amsterdam. After working for the NLKKAS for five years, he was appointed as Member of the Management Board of the Agricultural Futures Exchange (ATA) in Amsterdam at the age of 31. While working for the Clearing House and exchange, he became an expert in all the aspects of trading and risk management of commodities.
In 1997, he founded his own specialist-consulting firm that provides strategic advice about (energy) commodity markets, trading and risk management.
He has advised government agencies such as the European Commission, investment banks, major utilities, and commodity trading companies and various energy exchanges and market places in Europe, CEE countries, North America and Asia. Some of the issues he has advised on are the development and implementation of a Risk Management Framework, investment strategies, trading and hedging strategies, initiation of Power Exchanges (APX) and other trading platforms, the set-up of (OTC) Clearing facilities, and feasibility and market studies like for the Oil, LNG and the Carbon Market. The latest additions are (Corporate) PPAs and Artificial Intelligence for energy firms.
He has given numerous seminars, workshops and (in-house) training sessions about both the physical and financial trading and risk management of commodity and carbon products. The courses have been given to companies all over the world, in countries like Japan, Singapore, Thailand, United Kingdom, Germany, Poland, Slovenia, Czech Republic, Malaysia, China, India, Belgium and the Netherlands. He has published several articles in specialist magazines such as Commodities Now and Energy Risk and he is the co-author of a book called A Guide to Emissions Trading: Risk Management and Business Implications published by Risk Books in 2004.
Learn what past participants have said about PetroEdge training courses
This training improves my knowledge and can help to improve my career!
LNG Sales Operation Asst Manager, PT Donggi Senoro LNG
Good opportunity to get familiar aspects of LNG trading, opportunity and related risks
Procurement Analyst, ENI
Excellent material that gives insights into the LNG trading industry.
Marketing Analyst, VICO
This course is important for trading & derivatives marketers.
LNG Trading, PT Pertamina (Persero)
Very enriching and fruitful information for my daily job.