Training

LNG Shipping: The Centre of Global Gas Supplies Harmonising the Upstream, Downstream and Mid Stream


Learn more Date of Training
23 Jul 2018

he LNG shipping sector has also been evolving rapidly in recent years in response to accelerated growth in the international gas markets and - as in other parts of the LNG supply chain - technological innovation is seen as the means of optimising costs and increasing cargo outturn. New players have entered the LNG shipping business and the LNG industry is increasingly looking for more flexible shipping arrangements. Larger ships, innovative ship designs, new containment and propulsion systems have been developed while safety and environmental factors remain foremost considerations in the construction and operation of these vessels.

This intensive three-day course is designed to take participants through all of the commercial, technical, operating, legislative and legal issues affecting the shipment of LNG from export to import terminal. This is accomplished through a combination of presentations, exercises and case studies under the direction of a team of expert speakers with practical experience of the LNG industry and shipping. The aim is to give participants the ability to assess opportunities and manage operational and commercial risks in LNG shipping.

This course on LNG shipping is presented in the context of the overall LNG supply chain:

  • How commercial shipping arrangements sit among the range of other agreements which exist between LNG producers, liquefaction parties, terminal operators;
  • How the shipping contract overlaps with GSA's, SPA's and import/export agreements;
  • The commercial, technical, regulatory, financial, legal and security risks that extend along the supply chain and which require the harmonization with the shipping sector;
  • Managing and optimising risk along the supply chain.

LNG transportation accounts for 10% to 30% of total LNG supply chain costs from upstream gas production through to terminalling and regasification on the import side. It is central, both figuratively and physically, to the LNG supply chain and the safe, efficient execution of LNG supply contracts.

Please note: a laptop and up-to-date version of Office would be an advantage in order to engage in market data; however it is not essential.

What You Will Learn

  • The key drivers for LNG shipping
  • The development of the LNG carrier fleet, the outlook for the market and key players
  • Vessel operating costs and the determination of freight rates
  • Choices over the design of LNG carriers
  • Calculating vessel requirements
  • The impact of sales agreement terms on shipping
  • Shipping contracts and charter parties
  • LNG marine terminal operation

 

Manager's Return on Investment

Upon completion of this course your employees will be able to:

 

  • Identify and monitor the key drivers in the LNG shipping market
  • Understand the impact of key vessel design parameters on the calculation of shipping requirements for the individual projects
  • Prepare voyage estimates and calculate fright rates for potential business
  • Develop coverage strategies to minimize risks and exploit opportunities in the LNG shipping markets
  • Recognise the key clauses in shipping contract and charter parties and the impact of sales agreements on shipping
  • Understand the key aspects of terminal operations



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Learn More

https://mennta.com/public-courses/public-instructo...


Date of Training

23 Jul 2018

energy trainingoil trainingMenntanatural gasliquid natural gasShippinggas supply

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