The demand growth in global natural-gas liquids shows no sign of slowing. But producers and exporters should be aware of bottlenecks and price disconnects in the logistics chain connecting supply and demand. By 2030, demand for gasoline and other fuels will be on the decline. The petrochemical sector, in contrast, still has room to grow with the population growth, urbanization and improvements in the living standards.
The increasing investments toward petrochemical industry along with the rapid development of residential and commercial establishments will stimulate the market growth. The up surge in consumption of products for cooking, heating, and burning purposes will positively impact the industry outlook.
Accelerating investments toward clean energy sources driven by concerns over diversification of fuel and shifting regulatory mandates toward energy transition will stimulate the natural gas liquid market.
Increasing demand for space heating owing to rapidly changing climatic condition along with rising consumption of plastics and synthetic rubber for various applications will stimulate the global market growth. The emergent and re-emergent growth of the petrochemicals industry, which provided excellent feedstock opportunities for NGLs. In addition, population growth, improved standard of living, rapid industrialization and urbanization across the emerging economies will favor the business outlook.
This Understanding the Natural Gas Liquids and Petrochemical Industry and Markets training course will highlight the following:
- Supply and demand for NGL booming, the prospects for the next decade look bright. But players should watch out for bottlenecks and price disconnects in the logistics chain connecting US production with Asian cracker consumption.
- The ethane natural gas liquid market will onlook growth on account of its increasing use across petrochemical industry.
- The growing demand for polyethylene, synthetic rubber, and polypropylene for manufacturing.
- tires, plastics, and various other products will fuel the industry growth.
By the end of this Understanding the Natural Gas Liquids and Petrochemical Industry and Markets training course, participants will learn to:
- Realize the value chain from the subsurface reservoir to the consumer.
- Understand the trends in the niche Natural Gas Liquids, Petrochemicals Industry, and its Market Dynamics
- Learn the classification of the NGLs—ethane, propane, butane, and natural gasoline—come from
- natural gas wells or from associated gas from oil wells.
- Master the Olefins production
- Understand with confidence the logistics of NGL Markets and Petrochemicals
This Energy Training Centre training course will utilize various proven adult learning techniques that ensure maximum understanding, comprehension, and retention of the information presented. The daily workshops will be highly interactive and participative. This training course combines PowerPoint presentation with interactive practical exercises, supported by videos, group discussion activities, and business case studies.
By sending their employees to this Energy Training Centre training course, the organization will gain a broader range of skills that participants gain and apply in their workspace to benefit their respective companies directly.
- It offers a broader management perspective of the global energy business and highlights the success factors in each category of several NGL with clarity of various technologies and applications.
- Defines how innovations in energy technologies help drive job growth and economic growth and improve living standards worldwide.
- Clarifies how we can achieve these goals while delivering value to shareholders.
- Inculcates the corporate culture of effectively dealing with the core issues, tactics, and essential concepts of successfully running the petrochemicals business.
Each participant will enhance the Energy Industry's technical knowledge and business skills to benefit his/her career growth directly.
- Master the core competencies of the current and future energy technologies that include petrochemicals
- Sharpen the business skills by learning those techniques that improve capital productivity, return on investment, reduced price volatility, and operational excellence.
- Understand the value chain optimization in Energy Industry and apply it at the workplace to enhance shareholders' value.
- Be fully cognizant of success factors of the Energy Industry in transitions – Oil & Gas Companies, Refining & Petrochemical Companies their relative strengths and weaknesses.
This Understanding the Natural Gas Liquids and Petrochemical Industry and Markets training course is suitable for a wide range of professionals but will greatly benefit:
- Geologists, Engineers, Financial Analysts, Accountants, Lawyers, IT technicians, and Managers in the Oil & Gas energy sector
- Business Development Professionals in Energy Industry
- Corporate Planners, Investment Analysts, Oil & Gas Directors
- Senior Oil & Gas Executives
- Project managers, Engineers, Supply Planners & Scheduling Professionals, Traders, and Sales Personnel
- Auditing personnel, Compliance officers, Equity analyst and Bankers, Joint Venture officers, Negotiators, and Contracting professionals
Day One: Introduction Natural Gas Liquids
- The Value Chain
- Markets
- Refineries
- Gas Wells
- Condensate
- Oil Wells
- Gas Plants
- Fractionators
- A Short Story of NGL Business
Day Two: The Science and Engineering of Upstream Energy Industry
- Origins
- The Development of Hydrocarbon Energy
- Reservoir Characteristics
- Shale Oil and Gas
- Earth Scientists
- Drilling
- Sub-surface and Surface Operations
- Chemistry and Physics of NGL
- Takeaways from the Science and Engineering of Upstream Energy Industry
Day Three: Gas Plants, Refineries, and Non-Natural Gas Liquids
- Gas Plants
- Fuel Value of Hydrocarbons – Oil, Petrochemicals, Natural Gas
- Refineries and Non-Natural Gas Liquids
- Refinery Sources and Uses of NGLs
- Distillation, Reforming and Alkylation
- Refinery Gas Plants
- Desulfurization and Blending
- Takeaway from Refineries and Non-Natural Gas Plants
Day Four: Logistics, NGL Markets and Petrochemicals
- Olefins Markets
- Ethylene and Propylene Cost Calculations
- Dehydrogenation
- NGL Markets – Petrochemicals
- Propane
- Butanes and Natural Gasoline
- NGL Markets – Fuels
- Takeaways from NGL Markets – Petrochemicals and Fuels
Day Five: Safety, Operations, and Maintenance
- Safety
- Operations
- Maintenance
- Takeaways from Safety, Operations and Maintenance
- Profiles from Profiles in NGL Enterprise