Free Energy Abstract: LNG: New Market Structures, New Opportunities

lng tanker dockedAvailable for FREE 17-20 April 2018! Valued at USD74.99!

Liquefied natural gas (LNG), a cleaner fossil fuel, is playing an increasingly important role in power generation and transportation in a world with growing concerns about carbon emissions.

The global LNG market has been in existence for approximately 60 years. Liquefying natural gas, by chilling it to -160 Celsius condenses it to 1/600th of its original volume and allows it to be transported by specialized vessels from areas with great supply and limited demand to areas with less domestic supply and significant demand.

In 2017, the global LNG trade amounted to approximately 290 million tons. This represents about a 10% increase over 2016 levels. The world’s total liquefaction capacity has been increasing and now stands at 331 million tons, after increasing by 155 million tons over the past 5 years, with Qatar and Australia featured as the two largest exporters. In order to consume this fuel, specialized vessels carrying the material must dock at import/regasification terminals. The world’s LNG regasification capacity is more than twice the current liquefaction capacity at 722.56 million tons per annum which results in an average annual utilization rate of just 45% for these assets.

The Increasing numbers and capacities of global LNG infrastructure, and volumes of trade, has created greater optionality for the sourcing and delivery of cargoes. Changing LNG contract terms and the entrance of new market participants have also enabled the development of a growing trading market for spot LNG cargoes. These structural and operational changes are creating new opportunities in the LNG space.

By the end of this course, you will:

  • Better understand how global LNG markets are transitioning from a long-term contract dominated business to a more dynamic one with greater numbers of market participants and transactions.
  • Be able to evaluate how new sources of U.S. supply and new pricing structures are affecting traditional pricing and international trade patterns.
  • Be better informed regarding LNG infrastructure upgrades and how the next wave of supply will affect the growing global LNG trade.
  • Understand the factors required -- greater price transparency and market liquidity -- to create consistent long-term growth of global LNG trade and increase the market penetration of the fuel.

Want to become an Energy Abstract Insider?  Learn more here.


Receive this complimentary Energy Abstract now!


Required
Required
Required
Required
Required
Required
Required
Required

 

April 2018 - eNewsletters

The latest April 2018 editions of The Energy Education Pipeline eNewsletter are now available.

'April through June has historically been among the busier times of the year for us at Mennta Energy Solutions (formerly known as Mennta Energy Solutions). The exact reason why training comes back into focus this time of the year is up for debate, but I believe everyone is finally coming up for air after a busy quarter 1!

To celebrate the beginning of energy training season, we are pleased to announce these CONFIRMED-TO-RUN courses in your region...'

Read your regional edition now:

April 2018  - North, Central and South American Edition

April 2018  - Europe, Middle East and Africa Edition

April 2018  - Asia Pacific Edition

If you do not get our eNewsletters sent directly to your inbox, you can sign-up here.

Brand New Online Course - Introduction to Lubricants!

lubricantsThis course provides an introduction to lubricants. You’ll learn about different types of lubricants and how they are used. We’ll cover the value chain for the lubricants industry, including major market players, as well as how they are manufactured and classified. We’ll also review the main fundamentals of the lubricants market, including supply and demand trends and key price drivers.

There are no pre-requisites for this course and no advance preparation is required.

You will be able to:

  • Define what lubricants are, and their main uses
  • Describe the value chain for the lubricants industry, including major market players
  • Recognize the key quality considerations for lubricants
  • Describe how lubricants are manufactured
  • Identify the different methods of classifying lubricants
  • Point out the main supply and demand fundamentals of the lubricants market, and key price drivers

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.

Click here to purchase!

CPE Sponsor with the Texas State Board of Public Accountancy Renewed!

Mennta Energy Solutions is pleased to announce renewal as a CPE Sponsor (ID 008896) with the Texas State Board of Public Accountancy (TSBPA).

The TSBPA sponsor review program (SRP), a review program for organizations offering CPE courses, ensures the availability of high-quality continuing professional education (CPE) for Texas CPAs.  The program provides the means by which the Board can evaluate courses and enforce standards.

Mennta Energy Solutions, formerly The  Oxford Princeton Programme, is also listed in the National Registry of CPE Sponsors (ID 108314). This qualifies our courses for the TSBPA sponsor review program.

Approved for Maritime Cluster Fund (MCF) in Singapore

Mennta Energy Solutions is pleased to announce that Overview Of The LNG Value Chain and LNG Contracts Across the Value Chain have been pre-approved under the Maritime Cluster Fund (MCF) scheme in Singapore!

Introduced by the Maritime and Port Authority of Singapore (MPA), the Maritime Cluster Fund (MCF) facilitates the growth of Singapore's maritime cluster by supporting the industry's manpower and business development efforts as well as its drive for productivity improvements.  There are three key components under MCF.  The MCF-Manpower Development co-funds maritime companies in the development of manpower, training initiatives and capabilities.  The MCF-Business Development supports eligible expenses incurred in the initial development of new maritime companies and organisations setting up in Singapore, or existing maritime companies and organisations expanding into new lines of maritime businesses.  The MCF-Productivity supports initiatives by the maritime industry that will lead to productivity gains.  Learn more here.

UK: (+44) 1865 250521   |   USA: (+1) 713 343 1699   |   Singapore: (+65) 6722 3845

 

Email us at info@mennta.com

logos logos bac2 logos logosfacebooklinkedintwitter
 
Mennta Energy Solutions (formerly The Oxford Princeton Programme, Inc.) is not affiliated with Princeton University, Oxford University, or Oxford University Press.

footerimage