International Business House

International Business House is the trusted global provider of business intelligence through conferences and training to the world’s leading OIL & GAS businesses.

 


•  CLASSROOM TRAINING  •

 


•  VIRTUAL COURSES  •



•  IN-HOUSE TRAINING  •


VIRTUAL: LNG CONTRACTS

19-20 October 2022


This intensive 2-day course will take you through all the elements of LNG Sale and Purchase agreements beginning with setting the market context, followed by an in-depth review of the contract components including their linkage with the operations.

Course Overview

Global LNG demand grows every year, leading to an increase in demand for people who are professionally versed in the contractual and operational issues of LNG transactions. To meet that need we have developed a course on LNG sale and purchase contracts.

The outcome of attendance will be to enhance your expertise in LNG contractingexpand your understanding of how the LNG chain operates today and learn how to adapt your business strategies to the changing environment.

After attending the course you will:

  • Develop an understanding of how we have arrived where we are in the LNG market: market structure, flows and pricing.
  • Understand the difference between transacting LNG and transacting oil. Understand what the SPA clauses really mean and how the words in the contract connect with the reality of what is happening with the LNG.
  • Be more confident in understanding where to focus your attentions in the MSPA and CN, both during negotiations and during transactions and operations.
  • Be clear about the risks inherent in the contract and those when transacting between two contracts
  • Work your way through a delivery failure using an actual contract, understand the steps and where the uncertainties lie.
  • Understand the different internal processes, both for transacting but also for physical delivery.
  • Know what the main considerations are surrounding use of regas facilities.

Who is this course for?

  • Newcomers to LNG trading (or sales and purchase)
  • Market participants taking on more responsibility in LNG transactions and contracting
  • Who used to working with the contract terms, but wondering what some of it really means and why it’s there
  • Professionals working in operations and want a greater understanding of the contracts sitting behind your activities
  • Those who want to know how to respond quickly and effectively in the face of problems e.g. off spec’ LNG, LNG not being delivered
  • Professionals working in support functions and want a better understanding of the LNG business

 



Further Questions:

  

 

For further information please contact education department:
International Business House
Tel:+44 (0) 207 183 4507
office@ibhouse.net 
www.ibhouse.net

 

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