← Return To Course Library
Register For This Course Buy Course   

Price: $(USD) 229
Course Level
Intermediate
Delivery Method
On-Demand Self-Study Course
Professional Development Credit Hours
2
Pre-requisites
There is no pre-requisite for this course.


Faculty

All on-demand self-study courses are written by members of our Faculty in their areas of expertise.

Accreditations

NASBA: Mennta Energy Solutions is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org

CPD Certification Services: The CPD Certification Service works with Mennta Energy Solutions to ensure valuable knowledge is structured to complement the universal guidelines of Continuing Professional Development. Mennta Energy Solutions courses are approved by CPD at one credit per training hour.

BAC: Mennta Energy Solutions is pleased to be endorsed by the BAC for Independent Further Education as a Short Course Provider. Endorsement covers courses delivered in the UK only.

GARP: Mennta Energy Solutions is registered with GARP as an Approved Provider of Continuing Professional Development (CPD) credits.

LNG Industry Foundations: Project Structure and Commercial Aspects (LIF2)


Course Summary

The commercial arrangements across the LNG value chain provide the structure that links together the stakeholders involved, their roles and responsibilities, the commercial structures and the risk and reward balance. In this course, you will learn what is required to develop an LNG project, including the timescales and the costs involved at the various stages of development. You will be introduced to the contract terms, economics and the pricing formulae used to evaluate the project. You will also learn the importance of financing and the need for long term LNG SPAs to underpin the investment.

This is the second part in the LNG Foundations series and users are advised to take the following course first, or have equivalent knowledge:

LNG Industry Foundations: Physical Characteristics and Processes (LIF1).

Who Should Attend?


Course Content

You will learn to:

  • Point out all of the stakeholders involved in an LNG project in terms of their drivers for being in the project, their influence on how the project might develop and their concerns about the risks involved.
  • Differentiate the commercial structures and how they determine the roles and responsibilities and the risk reward balance.
  • Identify the stages of project development from feasibility study to construction.
  • Identify the range of contracts required and their interdependence across the value chain, recognizing the importance of the LNG Sales and Purchase Agreement (LNG SPA).
  • Recognize the importance of the price formulae in LNG contracts and the regional difference between prices and price formulation.
  • Recognize the importance of financing in developing multi-billion dollar LNG projects including the requirements for long term contracts to underpin the investment.

 

Practice exercises and self-assessment quizzes are included to help reinforce key topics introduced throughout the course.

A comprehensive final test will be given at the end of the course.

Register For This Course
Buy Course   

Learn Energy
In the Classroom or Online

Contact
© Mennta Energy Solutions/Website by Hazel Digital Media
Back to Top