TRAINING GAS DEVELOPMENT & COMMERSIALIZATION

OVERVIEW

Gas development and commercial structures are endogenous. Determined by the underlying physical, economic, and institutional. As these conditions change, the structures change to economize. Business structure – who owns assets and how (participation, taxation, venture revenue sharing). Commercial structure – the institutions and conditions of exchange between businesses (regulated rates, contracts, markets). Merchant – trader that adds value with asset services. Three forces are leading to growth in gas field project:

• Demand
• Gas Field Costs
• Markets

OUTLINE COURSE

MODULE 1: NATURAL GAS FUNDAMENTALS & THE VALUE CHAIN

• The Gas Business Overview: Global and regional market trends, drivers, and demand forecasting.
• Technical Basics: Finding gas, reserves estimation, and well completion.
• Gas Processing & Conditioning: Purification, NGL extraction, LPG/condensate handling, and plant processes.

MODULE 2: GAS MONETIZATION OPTIONS

• Pipeline Gas: Transmission systems, load balancing, and distribution networks.
• LNG (Liquefied Natural Gas): LNG fundamentals, liquefaction plants, shipping, and regasification.
• Alternative Monetization: Gas-to-Liquids (GTL), ammonia, methanol, and gas-fired power plants.

MODULE 3: INFRASTRUCTURE DEVELOPMENT & PROJECT ECONOMICS

• Project Lifecycle: Feasibility studies, Front-End Engineering Design (FEED), and EPC (Engineering, Procurement, and Construction) contracting strategies.
• Gas Field Design: Surface facilities, pipeline systems, and terminal operations management.
• Economics & Finance: Capital and operational expenditure (CAPEX/OPEX), investment appraisal, financial modeling, and funding sources.

MODULE 4: COMMERCIAL STRATEGIES & PRICING

• Pricing Mechanisms: Netback pricing, market-indexed pricing, and parity with alternative fuels.
• Contract Types: Long-term (SPA), short-term, spot, and Master Sales Agreements (MSA).
• Portfolio & Trading: Risk management, volume flexibility, and supply/demand balancing.

MODULE 5: LEGAL FRAMEWORK, CONTRACTS & NEGOTIATION

• Regulatory Environment: Host Government Agreements (HGA), Production Sharing Contracts (PSCs), and third-party access regulations.
• Key Contractual Clauses: Take-or-Pay, Delivery Point, Force Majeure, Price Review, and Quality Specifications.
• Negotiation Strategy: Commercial negotiations, dispute resolution, and stakeholder management.

RECOMMENDED AUDIENCE

• Upstream & Midstream Technical Staff
• Commercial & Business Development Teams
• Legal, Regulatory & Compliance Professionals
• Financial & Investment Analysts
• Government & State Energy Stakeholders