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An Interactive 5-Day Training Course

The 5-Day Mini MBA on Understanding the Dynamics of the LNG Industry

Masterclass LNG Industry

Classroom Dates
Register
09 - 13 Dec 2024
Houston
$6,950
Register
Register
10 - 14 Feb 2025
Dubai
$5,950
Register
Online Dates
Register
10 - 14 Feb 2025
Online
$3,950
Register

LNG is natural gas (predominantly methane) that has been converted to liquid form for ease of storage or transport. It takes up about 1/600th the volume of natural gas in the gaseous state. It is odorless, colorless, toxic and non-corrosive.  LNG is the most energy efficient fossil fuel— it offers important energy saving benefits when it is used instead of oil or coal. It is also a source of hydrocarbons for petrochemical feedstock and a major source of elemental sulphur. Its popularity as an energy source is expected to grow substantially in the future because LNG can help achieve two important energy goals for the twenty-first century— providing the sustainable energy supplies and services needed for social and economic development and reducing adverse impacts on global climate and the environment in general.

The LNG processing and transportation in refrigerated compressed tanks are highly capital intensive and dynamic. To achieve maximum effectiveness, managers and professionals must continually expand their business knowledge and sharpen their skills.

This Mini MBA Understanding the Dynamics of the LNG Industry training course will highlight the added value of Liquefied Natural Gas (LNG) business from Wellhead to the burner tip.

This Energy Training Centre training course will feature:

  • The fundamentals of LNG, production, transportation, pricing and its business economics
  • Global supply-demand, global production, global market dynamics
  • Analysis of technical, commercial, contractual business transactions
  • LNG Sales, Marketing and Trading
  • Understanding Upstream agreements
  • Understanding LNG Sales & Purchase Agreements
  • Understanding LNG Shipping arrangements
  • Understand LNG Project Financing and Project Management    
  • Technical and economic success factors in business to support strategic initiatives; to mitigate risk; and to direct operational decision making

By the end of this Mini MBA on Understanding the Dynamics of the LNG Industry training course, participants will be able to:

  • Gain better understanding of the dynamics of the entire LNG value chain
  • Understand LNG production, storage, transportation and distribution
  • Understand the LNG terminology
  • Distinguish various sales, marketing terms and conditions
  • Understand the various terms in LPG sales and purchase agreements
  • Learn economic evaluation benchmarks and determine return on investments 

This Mini MBA Understanding the Dynamics of the LNG Industry training course will utilise a variety of proven management learning techniques to ensure maximum understanding, comprehension and retention of the business tools, techniques and best practices presented. The daily workshops will be highly interactive and participative. Participants will learn by active participation throughout the training course through the use of training course materials, case study exercises, quizzes, training videos and discussion of business cases issues in their organizations.

This Mini MBA on Understanding the Dynamics of the LNG Industry training course is suitable to a wide range of professionals but will greatly benefit:

  • Business Development Managers
  • Corporate Planning Professionals
  • Geoscience & Engineering Professionals
  • Supply Planners & Scheduling Professionals
  • Government Regulators
  • Law Professionals
  • Tax & Finance Advisors
  • Auditing Personnel  
  • Compliance Officers
  • Equity Analyst and Bankers
  • Joint Venture Officers
  • Negotiators and Contracting Professionals
  • Trading Professionals

Day One: Setting the Introductory LNG Scene in Energy Industry

  • Introduction to the LNG Industry
    • Exploration, Development and LNG Production, Shipping, Importation
    • Cost and Value Drivers: Shareholder Expectations
    • The Value Chain: From Wellhead to Burner Tip
    • Players: Governments, NOCs, IOCs, Banks and Insurers, etc.
  • Natural Gas Value Chain
    • Exploration and Production
    • Processing and Production
    • Sales Gas Transmission
    • Underground Storage
    • Distribution
    • Sales Gas and Product Specifications
  • Global Production
    • Where and Who are the Producers of LNG
    • Projects Currently under Development
  • Global Markets
    • Where and Who are the Users of LNG
    • Projects currently under Development
  • Gas Conditioning Processes
    • Excess Water Removal
    • Contaminants Removal
    • LNG Separation

Day Two: Essential Logistics of LNG 

  • Nitrogen Rejection Processes
    • Cryogenic Process
    • Absorption Process (using lean oil or solvent) Membrane Separation
    • Adsorption Process (activated carbon) Storage System
  • Storage Tanks
    • Vapour Recovery System LACT Unit
    • Sampling
    • Natural Gas Transportation
    • Pipeline Components
    • Compressor Stations
    • Metering Stations
    • Valves
    • Control Stations
  • Pipeline Operations
    • Basics of Gas Pipeline
    • Gas Flow Measurement
  • Liquefied Natural Gas (LNG)
    • Why LNG a growth industry?
    • Compression & Refrigeration
    • Transportation of LNG
    • Major LNG Exporting Nations
    • Major Importing Nations 

Day Three: LNG Sales, Marketing and Project Risks 

  • LNG Sales, Marketing and Trade
    • Price Disparity in Different Regions
    • LNG Benchmarks
    • Major Changes in LNG Business
  • Business Sector
    • Industry and Market Structure
    • Natural Gas Demand
    • Natural Gas Supply
    • Economics of the Natural Gas Plants
  • Global Markets
    • Where and Who are the Users of LNG
    • Projects currently under Development
  • Key Project Risk and Value Identification
    • Understanding the Fundamental Commercial Drivers for Project Success
    • Identification of Key Project Risks (from a commercial perspective) and Mitigation Strategies
    • Reserves Definitions and Reserves Certification
    • Completion and Cost Overrun Risks
    • Cost Linkages to Oil and Gas Prices

Day Four: LNG Project Financing and Project Management  

  • Gas Plant Project Management
    • Project Management Overview
    • Industry Perspective
    • The Project Management Process
    • Project Controls & Quality Controls
    • Quality Assurance
    • Commissioning and Start-up
  • Dispute Prevention & Arbitration
    • Disputes
    • Arbitration and Expert Determination
  • Commercial Structures
    • Alternative Commercial Structures
    • Complexity of Integrating Requirements
    • FOB vs. DES Sales
  • LNG Project Financing Essentials
    • Financial Structures in LNG
    • Investment Decision-making
    • The Key Value Drivers in LNG Financing
  • Overview of LNG Financing Options
    • Balance Financing
    • ECA and Multilateral Agency Funding
    • Capital Markets
    • Asset based Financing
    • Project Financing and Structured Recourse Financing

Day Five: LNG Agreements, Regulations and Future Trends 

  • LNG Agreements
    • Overview of the Contractual Terminology
    • Stakeholder Analysis and Drivers
    • Upstream Agreements
    • LNG Supply Purchase Agreements SPA
    • EPC Contracts
    • LNG Shipping Arrangements / Agreements
    • LNG Regasification Terminal Agreements
    • Fiscal and Legal Regimes Worldwide
    • Production Sharing Arrangements
  • Regulations
    • The History of Regulations
    • The Market under Regulation
    • The Environmental Impact
  • The Future Trends in Natural Gas Trends
    • Trends in LNG Markets
    • Latest Changes and Movements in LNG Trading
    • The Impact of Shale Gas
    • Hubs vs. oil for price setting
    • Market Shifts in Importation and Liquefaction
    • Mid and Small Scale LNG
    • Floating and Niche LNG Concepts

The 5-Day Mini MBA on Understanding the Dynamics of the LNG Industry Training Course FAQ's

WHY ENERGY TRAINING CENTRE?

Industry Leading Expertise
Flexible Learning Options
Trusted & Approved
Best Prices

Our industry leading training courses cover the entire energy ecosystem, from conventional energy, to renewables. Regardless of where you are in the renewable sector, from start-up to NOC – our goal is to provide our clients with future-proof professional training and development to help you lead in navigate the energy transition. We are supporting clients within the conventional energy industry, such as those in oil gas adopt and implement effective strategies and systems to reduce their carbon footprint and emissions. We also deliver training and run bespoke programs for clients who may be making a larger scale transition into the renewable energy market. For those organisations who are growing or are fully established in the renewable energy space we offer professional development training to further their knowledge and skills, and ensure they are up-to-date with industry standards and regulations.

Get all your questions answered here!

If you need more help in answering your questions, feel free to contact us!

Contact us to know more

While we do not provide job placement services after the training course, we are confident that our programme equips you with the necessary tools and knowledge to enhance your career prospects and promote career growth. Our training course are designed to empower you with valuable skills and expertise to excel in your chosen field.

Yes, here are the following options we can offer to assist you:

  • Corporate Discount – We can extend our corporate discount to participants staying at the same hotel, if we have any. Please enquire about the availability of this discount when you register for the training course.
  • Nearby Hotel Suggestions – If you prefer other accommodations, we can provide a list of nearby hotels to suit your needs and budget.

Feel free to go through hotel booking platforms on the internet to find the most cost-effective for you.

Yes, we provide assistance by issuing a Letter of Invitation stating that you are confirmed to attend our training.

We offer multiple international training venues, which can be accessed via the following link: https://energytraining.ae/training-locations
 
Our training courses are conducted at partnered hotels located within the specified training areas. Please note that venue assignments may vary based on availability. For the most current information, do not hesitate to contact us at [email protected].

We value transparency and are happy to provide our instructor’s profiles upon request. If you would like to learn more about our instructor’s’ qualifications, expertise, and experiences, please email us at [email protected].

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at [email protected] to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

We offer two main training formats to cater to different preferences and needs: 

  • Classroom Training Delivery – Our traditional classroom-based training courses provide a face-to-face learning experience with subject matter experts. You’ll benefit form in-person interactions, hands-on exercises, and a structured classroom environment.
  • Online Training Delivery – We also offer convenient live/online training courses that you can access from anywhere with a stable internet connection. These courses provided flexibility and allow you to learn anywhere, making them suitable for busy schedules or remote learning.
Upon successful completion of the training course, you will receive The Energy Training Centre Certificate of Completion with corresponding learning hours.

Certainly, we do provide corporate rates tailored for organizations seeking to enrol multiple employees in our training programs. To facilitate this, we encourage you to make a formal request via email addressed to [email protected]. We’ll be delighted to discuss and offer a suitable arrangement for your corporate needs.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at [email protected]

Classroom
  • Tuition fee for a 5-day training course
  • Provision of a world-class subject matter expert to deliver this training
  • Meeting at a hotel venue corresponding to your chosen session
  • Welcome food and drinks, AM / PM snack, and Lunch
  • Digital course materials (e-Tablet)
  • Course completion certificates
  • Designing and administration of Pre-& Post Course Assessments
  • Preparation of participant’s Performance and Appraisal Report, if required
  • Issuance of Letter of Invitation for delegates needed visa processing, if required
Online
  • Tuition fee for a 5-day online training course
  • Provision of a world-class subject matter expert to deliver this training through live/virtual delivery
  • An electronic copy of the training manual and relevant hand-outs
  • Issuance of The Energy Training Centre e-Certificate of Completion
  • Administration of Pre-& Post Workshop Assessments
  • Link access of online platform acceptable to both parties

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Yes, we do allow registration transfers in the event that you are unable to attend the training course. To initiate a transfer, please send us an official email requesting the change. We’ll guide you through the transfer process and ensure a smooth transition of your registration to another eligible participant.

Upon receiving your registration details, either via email at [email protected] or through our online registration form, we will send you the following by email within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

 

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at [email protected]. Our team will guide you through the registration process and provide assistance you may need.

Our training course sessions are scheduled and posted on our website for your convenience. However, we understand that there may be specific requirement for your group. If you have a preferred venue and specific training dates in mind, please feel free to propose them to us by clicking on the button “Propose you preferred location & date” of your preferred training course.

Our course timings slightly vary between the cities we offer our training courses. Please let us know of your preferred course and session (dates/venue) through email at [email protected]. Alternatively, you may call/WhatsApp us at +971 50 746 0956.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggest a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training programmes are designed to be concise yet comprehensive, focusing on professional development. The duration varies based on the specific course content and objectives – we normally offer programmes between 5 – 10 days. However, our emphasis lies in delivering interactive and engaging sessions that prioritize depth of learning within a condensed timeframe. This approach ensures participants acquire substantial knowledge and skills efficiently.

We have been assessed by TUV Rheinland Middle East FZE and comply with Quality Management System standards – ISO 9001:2015 and ISO 29993:2017, ensuring a commitment to quality and excellence in our operations and services.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, The Energy Training Centre is certified and recognized by several prominent industry standards. Specifically, it holds certifications from ILM, Continuing Professional Development (CPD), and the Project Management Institute (PMI).

  • ILM (ID# 002398B) – This certification indicates that our training programmes meet high standards for leadership and management development, ensuring that they are designed to enhance participants’ skills in these critical areas.

  • Continuing Professional Development (CPD) – Our recognition by CPD reflects our commitment to providing educational opportunities that support ongoing professional growth and skill enhancement. This accreditation ensures that our training courses are relevant and effective for professionals seeking to advance their careers.

  • Project Management Institute (PMI) – Being recognized by PMI signifies that our training programmes align with industry best practices in project management. This certification assures participants that our offerings are in line with the standards required for effective project management and are valuable for those pursuing or maintaining PMI credentials.

These certifications underscore our dedication to providing high-quality, industry-relevant training that fosters professional growth and meets established standards. Additionally, we are actively pursuing further certifications and affiliations to enhance our offerings and ensure we remain at the forefront of industry best practices.

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