Introduction to the Liquefied Natural Gas (LNG) Industry
Infrastructure, Regulation and Markets
May 14-15, 2020 | Online :: Central Time (CT)
This is an Online Course. For the health and safety of our speakers and attendees, we have decided to move many of our events to Online Courses.
If this event is of interest you may also be interested in these related events
Natural Gas Physical & Financial Markets, May 13, 2020
This 1.5-day course will present an overview of Liquefied Natural Gas (LNG). Attendees ill receive a comprehensive understanding of the supply chain, types of infrastructure, costs, siting and safety regulations, and LNG markets. The instructor will also discuss how an LNG plant operates (import, storage, and vaporization) and types of vessels used to transport LNG. Attendees will have a better understanding of the relationship between U.S. shale gas and LNG, and the latter’s role as a fuel for the 21st century.
Attendees will also learn about inland and offshore LNG import and export terminals, and LNG peak shaving plants used to mitigate temporary natural gas supply and price risks. The course will address the roles played by the Department of Energy, FERC and USCG in siting and safely operating U.S. LNG projects. Attendees will learn about LNG pricing mechanisms, sales purchase agreements, how LNG is priced for domestic use, and natural gas and LNG futures contracts used to hedge risk.
- Describe the basic LNG fundamentals
- Discuss the traditional LNG supply chain
- Evaluate LNG transportation
- Assess LNG Receiving terminals
- Discuss the offshore LNG supply chain
- Review LNG environmental aspects
- Evaluate LNG project costs
- Analyze LNG contracts and project development
- Discuss LNG trade markets
- Review examples and mechanisms of U.S. LNG exports
- Discuss purchasing strategies of LNG for use in the U.S.
EUCI has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET). In obtaining this accreditation, EUCI has demonstrated that it complies with the ANSI/IACET Standard which is recognized internationally as a standard of good practice. As a result of their Authorized Provider status, EUCI is authorized to offer IACET CEUs for its programs that qualify under the ANSI/IACET Standard.
EUCI is authorized by IACET to offer 1.1 CEUs for this event.
Requirements for Successful Completion of Program
You must be logged in for the entire presentation and send in the evaluation after the online course is completed.
Case studies and PowerPoint presentations will be used in this program.
Thursday, May 14, 2020
9:00 – 9:15 a.m. :: Login and Welcome
9:15 a.m. – 4:30 p.m. :: Course Timing
12:30 – 1:15 p.m. :: Lunch Break
- LNG Characteristics
- Units and Conversion Factors
Traditional LNG Supply Chain
- LNG Production Plant
- Feed Gas Conditioning
- LNG Recovery
- Liquefaction Plant Types
- LNG Train Size
- LNG Loading
- By Ship
- By Truck
- By Rail
LNG Receiving Terminals
- Onshore LNG Terminals
- Offshore LNG Terminals
- LNG Storage
Offshore LNG Supply Chain
- Floating Production Storage Offloading (FPSO) and Floating LNG
- Offshore LNG Regasification
- Floating Storage & Regasification Units (FSRU)
LNG Environmental Aspects
- Pros and Cons
- Public Health and Climate Change
- CO2 Emissions
- FERC & USCG NEPA Environmental Reviews
Friday, May 15, 2020
9:00 – 9:15 a.m. :: Continental Breakfast
9:15 a.m. – 12:30 p.m. :: Course Timing
LNG Project Costs
- Cost Allocation of LNG Project
- Liquefaction Plant Costs
- Buyers and Sellers in the LNG Supply Chain
LNG Contracts and Project Development
- Integrated LNG Supply Chain
- Less Integrated LNG Supply Chains
- Project Finance
- Project Management
- Pre-Front End Engineering and Design (FEED)
- EPC Contracts
LNG Trade and Markets
- Global LNG Market Growth
- LNG Import and Export Markets
- Global LNG Mega Projects and Players
- New Players and Players
U.S. LNG Exports
- Key U.S. LNG Stakeholders
- LNG Pricing Mechanisms
- Examples of LNG Pricing Mechanisms
Purchasing LNG for Use in the U.S.
- Key Suppliers
- Typical Contracts
- Pricing Mechanisms
- Retail LNG Prices vs Other Fuels
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
Our courses are designed to be the best possible use of your valuable time – get the information you need to improve your position in the market in an interactive, dynamic format.
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.
- 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.