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Introduction to the Natural Gas Industry, Infrastructure and Regulations

July 20, 2026 Online :: Central Time

“This course is very helpful to obtain a broad understanding of the natural gas industry.”

Enbridge Gas

“I now have better understanding of NG industry as a whole from Regulations, nominations, transportation, storage, to industry challenges.”

Mechanical Engineering Associate 1, LADWP

“While I have worked in energy for the past couple years, this course provided a great foundation in the natural gas industry and helped me better understand the context in which I work. The content was up-to-date, and the trends portion at the end was especially interesting. Tom was super knowledgeable and helpfully answered any questions I had. Looking forward to the next course with him!”

Energy Programs Director, The Energy Co-op
Read more testimonials

“This is a very informative program.”

Senior Counsel, Energy Transfer

“A must attend!”

Market Operation Analyst, Lansing Board of Water & Light

For those new to the Natural Gas industry or those wanting a comprehensive refresher on the ins and outs of the gas industry and markets, this course will present a comprehensive overview of the natural gas industry, related natural gas liquids (NGLs) and shale oil infrastructure.

Attend this highly rated course to learn and review:

  • Natural gas terminology
  • Measurements and conversions
  • The basics of natural gas production, gathering, operations, and markets
  • An in-depth explanation of:
    • Natural gas processing plants
    • Pipelines
    • Storage
    • LNG peak shaving plants
    • LNG Import and Export terminals
    • Local distribution companies (LDCs)
  • Important components of natural gas transportation, including:
    • Regional costs of firm and interruptible pipeline transportation
    • Nominations
    • Balancing
    • Section 4 and 5 ratemaking proceedings on natural gas pipeline transportation

Learning Outcomes

  • Explain the natural gas value chain, terminology, measurements, and conversions
  • Review the basics of natural gas production, gathering, operations, and markets
  • Discuss the types of shale plays and address natural gas processing plants
  • 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)
  • Review the process of natural gas infrastructure siting
  • Identify important components of transportation, including nominations, confirmations, scheduling, receipt, and balancing

Register

Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ

If you are unable to attend at the scheduled date and time, we make recordings available to all attendees for 7 days after the event

REGISTER NOW FOR THIS EVENT:

Individual attendee(s)$ 995.00 each(early bird rate)
(price after July 10, 2026 is $ 1,095.00)
Volume pricing also available

Individual attendee tickets can be mixed with ticket packs for complete flexibility

Pack of 5 attendees$ 4,230.00 (15% discount)(early bird rate)
(price after July 10, 2026 is $ 4,655.00)
Pack of 10 attendees$ 7,960.00 (20% discount)(early bird rate)
(price after July 10, 2026 is $ 8,760.00)
Pack of 20 attendees$ 14,925.00 (25% discount)(early bird rate)
(price after July 10, 2026 is $ 16,425.00)

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 June 19, 2026 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

Agenda

Monday, July 20, 2026
Central Time

Online

Log In and Welcome

8:45

Lunch Break

12:30 - 1:15 PM

Adjourn for the day

5:00 PM

8:45 - 9:00 AM

Log In and Welcome

12:30 - 1:15 PM

Lunch Break

9:00 AM - 5:00 PM

Course Timing

Fundamentals

  • Natural gas composition
  • Benefits
  • Methane
  • Industry standard
  • Terminology
  • Measurements
  • Conversions

Natural Gas Industry History & Overview

  • Regulation
  • Deregulation
  • What’s still regulated

Supply, Demand, and Prices

  • Primary sources and uses
  • Other demand sectors

The Natural Gas Value Chain Overview

  • Upstream
  • Midstream
  • Downstream
  • How the natural gas industry operates across the value chain

Upstream Activities

  • 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
  • Conventional and Unconventional Drilling
  • Drilling and fracking shales
  • Hydraulic fracking
  • Costs of drilling and fracking

Midstream Activities

  • Gas gathering
  • Gas treatment
  • Gas processing
  • Frac spread and gas processing

Underground Natural Gas Storage

  • Different types
  • Operations
  • 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
  • Locations

Natural Gas Pipelines

  • Overview
  • 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  

  • 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

Pipeline Transportation

  • Overview of gas transportation
  • Nominations and Scheduling
  • Force Majeure
  • Operational Balancing Agreement (OBA)
  • Operational Flow Order (OFO)
  • Curtailments

FERC Ratemaking on Pipeline Transportation

  • Natural Gas Act Section 4 ratemaking
  • Natural Gas Act Section 5 ratemaking

Pipeline Capacity Releases

  • How pipeline transportation costs can be reduced
  • How Capacity Releases are structured

Natural Gas Industry Trends

  • Methane Reduction
  • Responsibly Source Gas
  • Renewable Natural Gas
  • Hydrogen and Hydrogen Blending

Instructor

Tom Russo

President

Russo on Energy, LLC

Tom Russo is an Energy and Environmental expert with unique FERC regulatory skills in oil, 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 the natural gas and crude oil markets and its regulation by the FERC. Mr. Russo thoroughly understands the Natural Gas Act, Natural Gas Policy Act, and Interstate Commerce Act which are applicable to natural gas and oil pipeline transportation.  

Mr. Russo is also an adjunct professor at the George Washington University’s Elliott School of International Affairs. He teaches Global Energy Trading, Pricing & Risk Management and Global Energy Security to undergraduate and graduate students. He actively conducts independent research on oil, natural gas, and power matters and writes an Energy and Environmental column for the Climate & Energy Journal.

Continuing Education Credits

IACET

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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

Verify our IACET accreditation

Who recognizes IACET Credits?

CPE

Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.

Course CPE Credits: 8.0
There is no prerequisite for this Course.
Program field of study: Specialized Knowledge
Program Level: Basic
Delivery Method: Group Internet Based
Advanced Preparation: None

CpeEUCI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

CLE

Only registered attendees can request CLE credits for an EUCI course/event.  Please email [email protected] prior to the course start date and list the state where you are licensed and your bar# as well as the name and date of your course/event in your request, and someone will be in contact.

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.

Instructional Methods

Case studies, PowerPoint presentations, classroom exercises

Who Should Attend

Individuals working in the following areas will benefit from attending this event:

  • New job entrants
  • Mid-level positions
  • Anyone who requires analysis of market and trade situations, including those with roles and functions in:
    • Trading
    • Market analysis
    • Infrastructure operators
    • Government and agencies
    • Upstream production
    • Commercial strategy and procurement
  • Anyone needing a refresher course to the industry