Introduction to the Natural Gas Industry, Infrastructure and Regulations
January 24, 2022 | Online :: Central Time
“Tom was great! I haven’t had such a knowledgeable teacher in a long time with organizational training.” –Natural Resource Specialist, Division of Energy and Mineral Development
“Mr. Russo is an amazingly knowledgeable speaker. This is one of the most comprehensive conferences/courses/webinars I have ever attended.” –Analyst, Northwest Energy Efficiency Alliance
This course will present an overview of the natural gas industry and related natural gas liquids (NGLs) and shale oil infrastructure so attendees can gain a comprehensive understanding of the gas industry and markets. We will discuss natural gas terminology, measurements, and conversions and review the basics of natural gas production, gathering, operations, and markets. This program will provide an in-depth understanding of natural gas processing plants, pipelines, storage, LNG peak shaving plants, LNG Import and Export terminals, and local distribution companies (LDCs). It will also address important components of natural gas transportation, including regional costs of firm and interruptible pipeline transportation, nominations, balancing, and section 4 and 5 ratemaking proceedings on natural gas pipeline transportation.
The intent is that participants will be able to apply the information learned the first day they return to their jobs. Hands-on activities will be included throughout the day.
- Explain the natural gas value chain: upstream, midstream, and downstream
- Discuss natural gas terminology, measurements, and conversions
- Review the basics of natural gas production, gathering, operations, and markets
- Describe the types of shale plays and address natural gas processing plants
- Review elements of natural gas producer economics
- Explain fungibility and gas interchangeability in U.S., Asia, and Europe
- Describe natural gas pipelines, including their parts, how they operate, and their role in a changing market
- Evaluate natural gas storage types, operations, and storage issues
- Discuss liquefied natural gas (LNG) and Local Distribution Companies (LDCs)
- State the process of natural gas infrastructure siting
- Discuss that natural gas plays in integrating wind and solar energy into the electric grid and Clean Power Plan
- Describe how FERC policy, major orders, and regulations have evolved into today’s “Open Access” environment
- Relate an overview of regulated rate components and rate design and new rate policies on the horizon
- Address important components of transportation, including: Pooling, nominations, confirmations, scheduling, receipt, and balancing
- Explain PDAs, OBAs, OFOs, allocations, and curtailments
Monday, January 24, 2022 : Central Time
8:45 – 9:00 a.m.
Log In & Welcome
12:30 – 1:15 p.m.
9:00 a.m. – 5:00 p.m.
- Natural gas composition
- Industry standard
Natural Gas Industry History & Overview
- What’s still regulated
Supply, Demand, and Prices
- Primary sources and uses
- Other demand sectors
The Natural Gas Value Chain Overview
- How the natural gas industry operates across the value chain
- Major natural gas shale plays in U.S. and Canada
- Kinds of shale plays
- Dry, wet, and associated gas (from oil wells)
- NGLs and their economic importance of NGLs
- Conventional and Unconventional Drilling
- Drilling and fracking shales
- Hydraulic fracking
- Costs of drilling and fracking
- Gas gathering
- Gas treatment
- Gas processing
- Frac spread and gas processing
Underground Natural Gas Storage
- Different types
- Storage development
- Regulatory issues
Other Gas Storage Options
- Liquefied natural gas (LNG) basics
- Import/export terminals and Vessels
- Peak shaving plants
- Who uses them and why they are important
- Compressed natural gas (CNG)
Natural Gas Pipelines
- Types of pipelines
- Key parts
- How pipelines operate
- Who are the pipeline players?
- How pipelines are planned
- Role of shippers
- Differences between gas pipeline companies & electric power companies
- Construction costs
- Environmental reviews of pipelines and the NEPA process
- Federal and State regulators—who really determines if they are built
FERC Gas and Electric Coordination
- FERC NAESB changes to nomination schedule
- Ratable vs Non-ratable shaped flow hourly service
Re-plumbing the Pipelines—Challenges
- FERC’S 1999 Pipeline Policy Statement
- Landowner opposition and eminent domain
- Opposition by the States
- Opposition by environmental groups
- Recent court challenges
Local Distribution Companies (LDCs)—Gas Utilities
- What an LDC does
- City gates
- What happens at an LDC’s city gate?
- Distribution line characteristics and pressure
- How they work
- Safety and economic trends
- Rates and regulatory oversight
- Choosing your gas supplier
- Overview of gas transportation
- Force Majeure
- Operational Balancing Agreement (OBA)
- Operational Flow Order (OFO)
FERC Rate Making on Pipeline Transportation
- Section 4 ratemaking
- Section 5 ratemaking
LDCs and Asset Managers
- How pipeline transportation costs can be reduced
- Procuring and managing gas supplies
Natural Gas Industry Challenges
- Climate change
- Presidential election and ban on fracking
- Keep it in the ground and the new green deal
- Environmental regulation and reforms
Tom Russo, Principal, Russo on Energy LLC
Tom Russo is an Energy and Environmental expert with unique FERC regulatory skills in siting hydropower, natural gas and liquefied natural gas infrastructure, NEPA environmental impact assessment and in how energy markets, prices and physical/cybersecurity affect infrastructure investments.
Prior to founding Russo on Energy LLC in May 2015, Mr. Russo worked for over 30 years as a Manager and Sr. Energy Industry Analyst at the Federal Energy Regulatory Commission (FERC). During that time, he amassed experience in hydropower licensing, NEPA environmental impact assessment of energy projects, business process reengineering, and natural gas and crude oil market oversight. Mr. Russo thoroughly understands the Natural Gas Act, Natural Gas Policy Act, Federal Power Act and Energy Policy Act as they apply to natural gas and hydroelectric projects.
He is very active in hydropower and natural gas matters and writes an Energy and Environmental column for the Natural Gas and Electricity Journal. He also co-authored for the R Street Institute entitled “Ebbing the flow of hydropower red tape.”
Mr. Russo is a native of Brooklyn, New York. He earned a credential as a Certified Information Systems Security Professional (CISSP) in 2010. He also graduated with a MBA in Finance from the George Washington University and a MS in Biology from the University of Alabama.
We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.
- IMPORTANT NOTE: After November 30 you will not be able to join a Teams meeting using Internet Explorer 11. Microsoft recommends downloading and installing the Teams app if possible. You may also use the Edge browser or Chrome.
- You will receive a meeting invitation will include a link to join the meeting.
- Separate meeting invitations will be sent for the morning and afternoon sessions of the course.
- You will need to join the appropriate meeting at the appropriate time.
- If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
- The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.
REGISTER NOW FOR THIS EVENT:
Introduction to the Natural Gas Industry, Infrastructure and Regulations
January 24, 2022 | Online
|Individual attendee(s) - $ 895.00 each|
|- OR - I choose to attend remotely|
|Individual remote connections(s) - $ 895.00 each|
Volume pricing also available
Individual attendee tickets can be mixed with ticket packs for complete flexibility
|Pack of 5 connections - $ 3,580.00 (20% discount)|
|Pack of 10 connections - $ 6,265.00 (30% discount)|
|Pack of 20 connections - $ 10,740.00 (40% discount)|
Buy 4 seats and only pay for 3! For this event every fourth attendee is free!
Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before December 17, 2021 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800
EUCI is accredited by the International Accreditors for Continuing Education and Training (IACET) and offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard. IACET is recognized internationally as a standard development organization and accrediting body that promotes quality of continuing education and training.
EUCI is authorized by IACET to offer 0.7 CEUs for this event.
Requirements for Successful Completion of Program
Participants must log in and be in attendance for the entirety of the course to be eligible for continuing education credit.
Case studies, PowerPoint presentations, classroom exercises