COURSE SUMMARY

This course will provide an understanding of the role of pipelines in the natural gas industry and a broad insight to the dynamics that impact the economic decisions facing industry participants. A Canadian edition of this course runs in Calgary.

Includes Online Pre-study Module
This course is accompanied by a preparatory course available online. Delegates will receive an online voucher as part of their joining instructions upon confirmation of registration. By taking advantage of this "blended" learning approach, in-class time and learning are optimized.

WHO SHOULD ATTEND?

All facets of an organisation are likely to attend including: human resources, info systems, back-office personnel, credit department, accountants, legal, quantitative analysts, consultants, programmers, trade support staff, secretarial, marketing/sales, risk managers. This course is also perfect for anyone involved in the physical movement of gas, rate-making and capacity issues, transportation representatives that are involved in the pipeline end, and schedulers who are involved in the marketing side.

COURSE CONTENTS

History

• Industry and market development
• Pre-war
• Post-war: big inch, little inch, take or pay

Regulation

• Natural Gas Act
• FERC: NGPA, Open access

Functional Aspects

• Participants
• Interstate transporters
• Shippers: LDC, industrial, marketers, producers
• Storage operators

Agreements

• Firm
• Interruptible
• No Notice

Tariffs

• Rate design
• Requests for service
• Quality specifications

Pipeline and Storage Management

• Operations
• Capacity offerings
• Transportation zones
• Segmentation
• Pooling

Controls

• MDQ
• OFOs
• Imbalances
• Penalties
• Safety

Transactional

• Capacity management
• Trading hubs
• Storage injections and withdrawals
• Scheduling and nominations
• Balancing

Into the Future

• New projects
• Development
• Authority
• Open season
• Economic impacts
• New customers

TESTIMONIALS

“This class was interesting and covered the basics well.” M.C., Sempra