: [email protected] | Call us today : +44 20 3875 0000 |

Commercial and Legal Aspects of Natural Gas

There are considerable training needs at all levels in the developing national gas markets.  We have therefore put together a programme of trainin

Corporate Training Programme

(Five or Ten Days)

Summary

There are considerable training needs at all levels in the developing national gas markets.  We have therefore put together a programme of training courses in the commercial, regulatory and technical aspects of natural gas, to help participants to drive forward the gas market business effectively and competitively.

A five-day certificated course on the commercial aspects of natural gas. This course is suitable for anyone wishing to learn about gas regulation and commerce.

Course objectives

After completing this course, each student will have an understanding of the basics of the commercial activities of gas enterprises and economic gas regulation.

Who will benefit?

Government and parastatal officials involved in the regulation of energy or gas enterprises, company executives and operational managers involved in the commercial aspects of natural gas activities.

Previous experience

No previous experience is needed.

Curriculum

National gas market

National gas market; National Petroleum and Gas Legislation; Overview of International Gas Markets

1. Global LNG market

2. Legal Framework

Legal Framework; Legal issues; Gas law

3. Contract Design

General principles; Contractual frameworks; Gas purchase and sales agreements; Gas transportation agreements; Take or pay agreements; Structure of long term gas contracts; Gas purchasing; Negotiating upstream and downstream oil and gas contracts; LNG and gas contracts and risks

4.  Regulation

Monopoly markets and development of competition; Alternative types of regulation; International examples of gas regulation; Regulatory framework; Gas laws; Licences; Non economic regulation

5. Gas Trading and Gas Supply

Main concepts; System and congestion management; Third Party Access (TPA); Network Codes; Network code processes; International examples of TPA regimes

6. Gas Pricing

Components of the gas price; Types of price regulation; Cost plus pricing; Incentive pricing; Netback pricing; Tariff design principles; Gas pricing strategies; Cost of service tariff design; Comparison of international gas prices and price regulation

7. Gas and LNG Project Financing

Financial instruments; Risks; Insurance; Legal issues; Project coordination; Syndication processes

Read the Terms and Conditions before booking.