LNG: Supply, Demand, Pricing and Trading
Live Online Course Over 5 Sessions x 3.5 hours Commences: 19 August
Book 3 or more participants and save $300 each
Overview
At the beginning of 2020, the LNG business was looking forward to another year of expansion after a successful 2019 during which production increased by 42.5 mt and final investment decisions (FIDs) were taken on 71 mtpa of liquefaction capacity. COVID-19 has radically changed those expectations. LNG production continued to increase rapidly in the first quarter of 2020 as output from LNG trains that started up in 2019 built up to full capacity. However, demand has weakened as lockdowns in many LNG importing countries to control the spread of COVID-19 slow economic activity.
Increased supply and declining demand have led to an over-supplied market, with spot prices for LNG falling to levels not seen before and the cancellation of US LNG cargoes. The construction of new liquefaction trains is being delayed and final investment decisions (FIDs) on new capacity are being deferred. However, the long-term for LNG remains robust as lower prices increase the competitivity of natural gas with coal and oil in the power generation and industrial sectors.
The online course will, over five sessions, provide an overview of the LNG business in 2020 with a commercial focus but technical and shipping will also be covered. It will consider the outlook for the business over the period to 2035 in terms of markets, sources of supply, pricing and trading. It is designed for newcomers to LNG and those who want to refresh their knowledge or have experience in one part of the business or one region and want to widen their knowledge.
Benefits of Attending
- Understand LNG chain technologies, costs, economics and safety - Appreciate how the LNG business is changing and the implications for those working in the business - Gain insights into LNG pricing and how it is evolving - Acquire in depth knowledge of world LNG markets and supply sources - Assess the increasing role of spot and short-term trading
Who Will Benefitæ
Energy professionals including but not limited to:
- Purchasing/Supply Chain - Legal/Contracts Negotiation - Commercial - Finance/Pricing - Marketing - Trading - Sales/Business Development - Project Finance - Corporate Planning
Live Online Course – How It Works
The structure of our virtual learning program is designed to keep the same levels of engagement and networking as our on-site public courses. Course content is delivered through our easy-to-use online learning platform and is supplemented by case studies and practical exercises. Like our classroom-based public courses, you will have live interaction with our course facilitators and other participants. Our live online courses are led by our experienced instructors, who will provide you with easily digestible content, using knowledge learned from many years in the industry, during scheduled times. Delegates will receive copies of the course materials electronically. This course is scheduled to take place over 5 live online sessions using virtual learning technology.
To register/enquire on this course, please contact:
James Soo Infocus International Group Tel: +65 6325 0352 | Email: james[at]infocusinternational.com Website: www.infocusinternational.com/lng-online
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