Course Description
This intensive 5-day course provides a comprehensive overview of LNG commercial management, focusing on global market dynamics, contract negotiations, pricing strategies, and risk management. Participants will gain practical insights into the LNG value chain, commercial operations, and emerging trends in the industry.
Learning Objectives
- Understand global LNG market dynamics and trade flows
- Master LNG contract negotiations and pricing mechanisms
- Develop strategies for effective risk management in LNG operations
- Analyze emerging trends and their impact on LNG commercial practices
- Optimize decision-making in LNG project development and operations
Course Modules
Day 1: LNG Industry Overview and Market Dynamics
- Global LNG market trends and projections
- LNG value chain and key stakeholders
- Supply and demand drivers
- Geopolitical factors influencing LNG trade
Day 2: LNG Contracts and Negotiations
- Types of LNG contracts (long-term, short-term, spot)
- Key clauses in LNG Sale and Purchase Agreements (SPAs)
- Negotiation strategies and best practices
- Contract flexibility and optionality
Day 3: LNG Pricing and Economics
- LNG pricing mechanisms and benchmarks
- Price review and re-opener clauses
- LNG project economics and investment decisions
- Financial modeling for LNG projects
Day 4: Risk Management in LNG Operations
- Commercial and operational risks in LNG business
- Hedging strategies and financial instruments
- Credit risk management
- Insurance and liability considerations
Day 5: Emerging Trends and Future Outlook
- Small-scale LNG and new market opportunities
- LNG as a marine fuel and bunkering
- Digitalization and technological advancements in LNG
- Environmental regulations and sustainable LNG practices
Practical Wins for Participants
- Develop a comprehensive LNG market analysis report
- Create a negotiation strategy for an LNG Sale and Purchase Agreement
- Design a risk management framework for an LNG project
- Formulate a commercial strategy for entering new LNG markets
Credits: 5 credit per day
Course Mode: full-time
Provider: Blackbird Training Centre
