Course SummaryThis 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
