LNG Trading and Operations

Training

In Singapore (Singapore)

£ 2,616.81 + VAT

*Indicative price

Original amount in USD:

$ 3,300

Description

  • Type

    Training

  • Level

    Intermediate

  • Location

    Singapore (Singapore)

  • Class hours

    24h

  • Duration

    3 Days

  • Start date

    Different dates available

Intensive training course

This intensive 3-Day training course works as a «one-stop-shop», providing a unique opportunity to go through the whole spectrum of LNG Market, Trading, Operations and Contracts.

Day 1 brushes an updated picture of the buoying LNG markets and the trends in LNG trading.
Day 2 drills down into the intricacies of LNG trading and operations. The devil lies in details!
Day 3 helps understand the main clauses of LNG contracts and the logics behind long term deals.

One single course leader will coach you through the three days. With both an engineer’s background and a trading manager’s experience, he will make you feel as if you were embedded in a Trading and Operations team.

Facilities

Location

Start date

Singapore (Singapore)
See map

Start date

Different dates availableEnrolment now open

About this course

Through a combination of insightful lectures and interactive group work, you will expand your existing knowledge of the LNG chain and learn how to be an agile and wise player on the rough seas of LNG trading.

Gas producers & buyers
Project developers
Commercial managers
Business development managers
Trading & pricing analysts
Strategists, planners & analysts
Marketing & sales managers
Legal advisors

For further information please contact education department:
International Business House

Tel:+44 (0) 207 183 4507
Fax: +44 (0) 207 504 8225
office@ibhouse.net

You can register:

online on our website.
by email, please fill the registration form in our brochure and mail it to office@ibhouse.net
by phone, please call us at +44 (0) 207 183 4507

We will send you the confirmation by email within 24 hours after you registration.

Yes. Any of our open professional excellence courses can be run in-house to meet your company’s specific needs.

Questions & Answers

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When this course "LNG Trading & Operations" shall be held in Singapore? and how to register for it?

Hesham T., More than two years

Reply

Reply from Emagister user (More than two years)

It says flexible dates available

Reply from Emagister user (More than two years)

Call them for further information to this phone 2071834507

Reviews

Subjects

  • Trading
  • Contracts
  • LNG Operations
  • LNG
  • Shipping
  • Bunkering
  • Pricing
  • Negotiations
  • LNG Supply Chain
  • LNG Markets

Teachers and trainers (1)

Jean Chtistian

Jean Chtistian

Consultant

Course programme

The LNG Market : Global Overview

  • History
  • Global LNG today : Key Figures & Trends
  • Sellers – Main Exporting countries
  • Buyers – Main markets & their price drivers
  • Portfolio Players
  • Shipping market
  • LNG Bunkering market
  • Case Studies

- Playing the Analyst

Browsing through a selection of recent real-life events and deals in the LNG markets, we will rate each of them: what are their impacts on prices, supply/demand balance, and global market dynamics?

- West African integrated LNG project

A West African country is keen to replace its CAPEX-­‐intensive diesel-­‐fueled power generators by a

Combined Cycle Gas Turbine (CCGT) fed by an LNG FSRU terminal.

In two teams, one bullish and the other bearish, we’ll assess whether this project is going to fly.

- Asian strip of cargos for a private player

An ambitious private consortium is keen to negotiate a strip of cargos into an Asian terminal. They approached a trading house. Is it the deal of the decade, or a beginner’s trap ?

In two teams, we’ll assess the potential sellers, and the limitations posed by Buyer’s conditions

(price, volumes, vessel size etc.)

  • Q&A’s

LNG Trading & Risks

  • Background, Liquidity & Trends
  • Pricing principles : FOB and DES prices, netbacks, indexations
  • Main LNG hubs & reference prices
  • Ways to Trade LNG cargos
  • Risks … and how to manage them
  • Cargo Economics
  • Case Studies

- Tender and Netbacks

A Mediterranean buyer wants to organize a spot cargo tender. Atlantic prices are unusually high, while Asian prices are easing up as spring comes in. What are the chances that the Buyer can attract a cargo, and which sellers will be in a good position to strike a deal ?

In two teams, one working on behalf of the Buyer and the other working as a trader, we’ll assess the best period to sail towards the Med, and whether any ships are likely to cross Suez.

- Incremental Spanish sale on the way to Greece

Buyer purchased from Seller a US cargo to Greece. Due to terminal limitations at delivery point, the vessel had to be shortloaded. One way to improve the economics would be to do a partial discharge in Spain. But are the extra costs worth it, can the partial cargo be hedged, and is the voyage put under too much pressure ?

In two teams, one working for Seller and the other for Buyer, we’ll discuss risks and rewards.

  • Q&A’s

LNG Operations

  • Who Does What ?
  • Ship arrival : ETA, NOA, NOR, Laytime
  • Loading & Unloading of cargo
  • Cargo Documents
  • Measurement & Testing
  • Operational Issues : Examples
  • Case Studies

- Demurrage : the Bill, please !

Our ship was kept longer than expected along the regassification plant’s jetty.

Using the port log, we’ll run the calculations and see how much money we can claim to our Buyer.

- Where to Load ?

One of our ships is back from Japan, currently on her ballast voyage in the Singapore Straits. Next unloading is in China, and base case is to load in Qatar. In our portfolio, we have several optimization opportunities at other loading ports. However, each of them has its own peculiarities. Which loading port seems the best choice ? How to mitigate risks ?

- Measurement & Testing : oops, we forgot something…

It was supposed to be the perfect back to back. But someone didn’t pay attention to the Measurement & testing clauses. Different temperature references, and the concept of vapor return seems absent in one of the contractual legs… Will the margin of the trade be preserved ?

  • Q&A’s

Trading & Shipping Agreements

  • Key agreements along the LNG Chain
  • LNG Master Sale & Purchase Agremeent (MSPA)
  • Charter Party Agreements
  • Credit Support Documents
  • Case Studies

- Negotiating a Force Majeure Clause

The FM clause doesn’t seem to be fair… A big debate takes place between Seller and Buyer. In two teams, we’ll fight for our respective rights and try to end up with a balanced wording.

- Finding Mistakes in a Confirmation Notice

The deal is done, and Seller has suggested a confirmation notice. But it seems that the draft was done a bit too fast before the weekend … Will you find the five omisisons or mistakes ?

  • Q&A’s

Long Term LNG Contracts

  • Principles
  • Key Features & Clauses
  • Pricing : S-­‐Curves, Price Reviews
  • Frequent Issues

LNG Trading and Operations

£ 2,616.81 + VAT

*Indicative price

Original amount in USD:

$ 3,300