LNG Business Fundamentals

The sessions include lectures, discussions, and guided real-world practice. The aim is to develop problem-solvers and effective decision makers rather than merely conveying information.

To succeed in the LNG industry is to create value. The ventures are capital-intensive and have uncertain outcomes. While there are technical complexities, the energy commodity markets supply information about the industry trend and the overall activity of its participants. This leads to insights that support good business decisions. Good project decisions often lead to value creation.

At the end of this training course, you will learn to:

• Understand the challenges of the energy industry and the LNG business.
• Appreciate the business dynamics and value drivers in LNG business.
• Gain insights from market dynamics to support LNG project appraisals.
• Apply the understanding to support technical and economic decisions.

The material in this course will be useful to managers and decision makers in the LNG business. The course is also relevant to analysts, engineers, and consultants that support the process of decision making. Professionals interested in the practice of net-back pricing, uncertainty analysis, and risk management also find this course useful.

This training course is suitable to a wide range of professionals including:

• Managers and decision makers involved in value creation for the energy business.
• Commercial staff who would like to gain in-depth knowledge of the LNG business.
• Decision makers involved in financing and investment.
• Analysts interested in market insights that support project decisions.
• Researchers and practitioners who aim to broaden their knowledge of the business.

Organisational Impact

The main challenge in the LNG business is in prudent managerial decision making. The firms should be able use technical and business insights to find (and invest in) valuable ventures. This course trains individuals that

• Increase organization’s capabilities in analyzing and evaluating LNG ventures.
• Possess knowledge and skills to draw insights from market dynamics and combine them with their technical understanding.
• Are effective in enhancing the LNG value chain.
• Have an overview of the energy business and the appeal of the LNG projects.
• Support the prudent decision-making process.
• Open doors to follow-up opportunities in the energy landscape

Personal Impact

Gaining knowledge about the business fundamentals of LNG (and value creation in general) enhances one’s skills in decision making and further opens one’s perspectives. This is because these skills lead to enhancing the value of the person in an organization. The set of skills and knowledge that this course offers prepares individuals for a more effective role within the process of project appraisals and investment in the energy business. This course

• Increases personal capabilities in analyzing and evaluating LNG ventures.
• Enhances the knowledge and skills in assessing the value creation potentials of opportunities.
• Make the individual effective in enhancing the LNG value chain.
• Trains individuals that can address the challenges and opportunities in LNG market.
• Leads to identification of potential value creating opportunities and increases the value of the individual to the firm.
• Trains individuals to be effective decision makers in LNG business.