North American Natural Gas Transportation and Storage

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.
8CPE creditsawarded for this course .

Suitability:
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 content:
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
    
  • Intrastate 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

• Ne- projects
  
  
  
  • Development
    
  • Authority
    
  • Open season
    
  
  
• Economic impacts
  
• Ne- customers