Mini MBA: Understanding the Dynamics of the LNG Industry

LNG is natural gas (predominantly methane) that has been converted to liquid form for ease of storage or transport. It takes up about 1/600th the volume of natural gas in the gaseous state. It is odorless, colorless, toxic and non-corrosive.  LNG is the most energy efficient fossil fuel— it offers important energy saving benefits when it is used instead of oil or coal. It is also a source of hydrocarbons for petrochemical feedstock and a major source of elemental sulphur. Its popularity as an energy source is expected to grow substantially in the future because LNG can help achieve two important energy goals for the twenty-first century— providing the sustainable energy supplies and services needed for social and economic development and reducing adverse impacts on global climate and the environment in general. The LNG processing and transportation in refrigerated compressed tanks are highly capital intensive and dynamic. To achieve maximum effectiveness, managers and professionals must continually expand their business knowledge and sharpen their skills. This Mini MBA Understanding the Dynamics of the LNG Industry training course will highlight the added value of Liquefied Natural Gas (LNG) business from Wellhead to the burner tip. This Gulf Rowad training course will feature: The fundamentals of LNG, production, transportation, pricing and its business economics Global supply-demand, global production, global market dynamics Analysis of technical, commercial, contractual business transactions LNG Sales, Marketing and Trading Understanding Upstream agreements Understanding LNG Sales & Purchase Agreements Understanding LNG Shipping arrangements Understand LNG Project Financing and Project Management     Technical and economic success factors in business to support strategic initiatives, to mitigate risk, and to direct operational decision making