Introduction to the Liquefied Natural Gas (LNG) Industry

Introduction to the Liquefied Natural Gas (LNG) Industry

June 7-8, 2021 | Online :: Central Time

“Tom was great and his slides were perfect in explaining everything. He was fantastic!” –Connecticut Public Utilities Regulatory Authority

“Very helpful, patient, and made course material easy to understand for someone new to the industry like myself.” –New York Power Authority

During this 1.5-day course, attendees will receive a comprehensive understanding of the supply chain, types of infrastructure, costs, siting and safety regulations, and markets for Liquefied Natural Gas (LNG). We 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, as well as 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.

Learning Outcomes

  • 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.

Agenda

Monday, June 7, 2021 : Central Time

8:45 – 9:00 a.m.
Log In

9:00 a.m. – 4:30 p.m.
Course Timing

12:30 p.m. – 1:30 p.m.
Lunch Break

LNG Fundamentals

  • LNG Characteristics
  • Units and Conversion Factors

Traditional LNG Supply Chain

  • LNG Production Plant
  • Feed Gas Conditioning
  • LNG Recovery
  • Liquefaction
  • Liquefaction Plant Types
  • LNG Train Size
  • LNG Loading

LNG Transportation

  • By Ship
  • By Truck
  • By Rail

LNG Receiving Terminals

  • Onshore LNG Terminals
  • Offshore LNG Terminals
  • LNG Storage
  • Vaporizers

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

Tuesday, June 8, 2021 : Central Time

8:45 – 9:00 a.m.
Log In

9:00 a.m. – 12:00 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

Instructor

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

Online Delivery

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

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 registrants for three business days after the event

Event Standard RateAttendees
Single Connection - Introduction to the Liquefied Natural Gas (LNG) IndustryUS $ 1195.00
Pack of 5 connectionsUS $ 4,780.00
Pack of 10 ConnectionsUS $ 8,365.00
Pack of 20 ConnectionsUS $ 14,340.00
Call us at 303.770.8800 if you have any specific questions on the volume discounts
* all other discounts do not apply to license packs

This event has the following related events:

Liquefied Natural Gas Industry 201US $ 1195.00
Pack of 5 connectionsUS $ 4,780.00
Pack of 10 ConnectionsUS $ 8,365.00
Pack of 20 ConnectionsUS $ 14,340.00

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Take advantage of these discounts!

  • Attend the Course and Liquefied Natural Gas Industry 201 and pay US $ 2,195.00 per attendee (save US $ 195.00 each)

Cancellation Policy

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 May 07, 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

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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 1.0 CEUs for this event.

Requirements for Successful Completion of Program

Participants must log in each day and be in attendance for the entirety of the course to be eligible for continuing education credit.

Instructional Methods

Case studies and PowerPoint presentations will be used in this program.

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