Introduction to Liquefied Natural Gas Industry: Infrastructure, Regulation and Markets


Disciplines: Health, Safety, Environment, and Sustainability | Management | Production and Operations | Projects, Facilities, and Construction

Course Description

This 1-day course will present an overview of Liquefied Natural Gas (LNG) Industry. Attendees will gain a comprehensive understanding of the LNG supply chain, types of infrastructure, costs, siting and safety regulations, and LNG markets. The instructor will also discuss how LNG Export and Import plants operate on land and vessels and how LNG is transported. Attendees will also learn how U.S. shale gas and LNG projects are influencing global LNG markets and exporting and importing countries.

Attendees will also explore LNG peak shaving plants that are used to mitigate temporary natural gas supply and price risks in the electric power and heating sector and the use of LNG as a fuel for transportation and bunkering. The course addresses the roles played by the Department of Energy, FERC, USCG, and PHMSA in siting and safely operating U.S. LNG projects. The instructor will compare U.S. regulations with regional regulations when the course is held outside the U.S. Attendees will learn about LNG pricing mechanisms, sales, and purchase agreements, LNG pricing using popular indexes and price assessments, and natural gas and LNG futures contracts used to hedge price risk.

The course may include an optional third day when feasible to visit an operating LNG Project.

Learning Level

Introductory to Intermediate

Course Length

1 day

Why Attend

Gain an understanding of the major technical, regulatory and market terms, issues and challenges facing the LNG Industry, including land-based and floating LNG export and regasification terminals, peak shaving plants and smallscale LNG projects.

Who Attends

Engineers, analysts, managers, and executives who are new to the LNG industry and/or professionals who need a solid understanding of LNG infrastructure and global LNG markets, including costs, pricing, transportation and how growing U.S. LNG exports will affect the natural gas and electric power sector.

CEUs

0.8 CEUs (Continuing Education Units)

Cancellation Policy

All cancellations must be received no later than 14 days prior to the course start date. Cancellations made after the 14-day window will not be refunded. Refunds will not be given due to no show situations.

Training sessions attached to SPE conferences and workshops follow the cancellation policies stated on the event information page. Please check that page for specific cancellation information.

SPE reserves the right to cancel or re-schedule courses at will. Notification of changes will be made as quickly as possible; please keep this in mind when arranging travel, as SPE is not responsible for any fees charged for cancelling or changing travel arrangements.

We reserve the right to substitute course instructors as necessary.

Instructor

None

Tom Russo is an Energy and Environmental expert with unique regulatory skills in natural gas and liquefied natural gas infrastructure, hydropower, NEPA environmental impact assessment, energy markets, prices, and physical/cybersecurity.

Before 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).

Mr. Russo teaches Global Energy Security, Global Energy Markets and International Energy & Environmental Regulation at the Elliot School of International Affairs at the George Washington University in Washington DC. He also writes a bimonthly Energy and Environmental column for the Natural Gas and Electricity Journal.

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