LNG Markets

January 22-23, 2024 | Online :: Central Time

0124-lng-markets

Growing US LNG Exports present opportunities for natural gas producers, overseas buyers, and investors. However, pricing LNG cargo and feed gas is anything but simple and filled with pitfalls. Market participants won’t realize those benefits without a solid understanding of US and global LNG markets.

This in-depth course will cover a wide range of topics including:

• LNG bilateral and spot market transactions
• Common indexes that price LNG cargo
• LNG Export Company Models and explain the pros and cons of each from the standpoint of buyers and investor
• Typical LNG Sales and Purchase Agreements
• Hedging LNG price volatility
• European and Asian LNG Markets and competition among US and other LNG Exporting Countries

This intensive course is a must for anyone whose job involves selling feed gas to US LNG Exporters, buying US LNG from LNG Exporting companies and investing in LNG Markets. Special group discounts are available, to train your whole team for as much as 40% off.

Learning Outcomes  

• Review the common LNG benchmarks used to price US LNG
• Compare the LNG Export Models and how they affect US natural gas producers, pipelines, and LNG buyers
• Identify differences in the bilateral and spot LNG markets
• Compare the types of LNG Sales and Purchase Agreements
• Review how to hedge LNG price risk
• Discuss the roles of LNG Exporters and Portfolio Players
• Discuss the overall costs of LNG purchases
• Identify growth trends and how geopolitics and weather affect LNG prices

Monday, January 22, 2024 : Central Time

 

Overview of LNG Markets

• Global LNG Market Growth
• LNG Import and Export Markets
• Shipping
• ReExport
• LNG Bunkering
• Global LNG Trends

LNG Exports and Imports

• Countries receiving US LNG
• US LNG Exports and Prices
• Increased competition in the LNG Export Market
  • Mexico’s entry into the LNG Export Market
  • Competition from African and Russian LNG

Long-Term and Spot Markets

• Definitions
• Transparency
• Long-term Market Participants
• Spot markets
• Portfolio Players
• Pros and Cons

LNG Export Business Models

• Tolling Model
• Sales and Purchase Agreement Model
• Equity Model
• Roles and Responsibilities of Seller and Buyer

Tuesday, January 23, 2024 : Central Time

 

Pricing Global LNG Cargos

• Historic Pricing and Destination Clauses
• How the US has changed the global LNG market
• Pricing Mechanisms of Global LNG Markets
  • Oil-based Benchmarks
  • Price Assessments and Swaps
• Pricing Mechanisms for Small Quantiles of US LNG

Anatomy of NYMEX Henry Hub, TTF, NBP, and JKM

• Why Futures Contracts are popular
  • Transparency and liquidity
  • Who buys and sells futures
  • Who regulates future markets in the US, UK and EU

Buying and Transporting Gas to US LNG Export Terminals

• When you have to buy natural gas
• How US natural gas is priced
• Daily and Bidweek Markets
• Pipeline Transportation and Costs
  • Firm Transportation
  • Interruptible Transportation
  • The role of Natural Gas Markets

Question and Answer Session

Tom Russo, President, Russo on Energy

Tom Russo is a natural gas and LNG expert who understands how natural gas and LNG  markets work. He founded Russo on Energy LLC, which provides training, strategic/tactical and regulatory advice to natural gas and electric companies and hydropower developers. Before founding Russo on Energy LLC in 2015, Mr. Russo worked for over 30 years as a Manager and Sr. Energy Industry Analyst at the Federal Energy Regulatory Commission (FERC).

He holds an MS in Biology from the University of Alabama, an MBA in Finance from George Washington University, and a BS in Biology from the University of West Florida.

Mr. Russo is also an Adjunct Professor at George Washington University’s Elliott School of International Affairs. He teaches Global Energy Markets, International Energy & Environmental Regulations, Global Energy Security, and Global Electricity Markets to undergraduate and graduate students. He has published over 30 papers on energy in the last ten years.

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.

• Microsoft recommends downloading and installing the Teams app if possible. You may also use the Edge browser or Chrome.
• You will receive a separate email with a unique link to a personalized landing page which will include links to join all sessions of this event.
• 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.

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:

LNG Markets

January 22-23, 2024 | Online

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 22, 2023 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

Credits

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 1.3 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

PowerPoint presentations and open discussion, along with real use cases.

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

Course CPE Credits: 15.0
There is no prerequisite for this Course.
Program field of study: Specialized Knowledge
Program Level: Basic
Delivery Method: Group Internet Based
Advanced Preparation: None

EUCI 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 web site: www.nasbaregistry.org

 

Who Should Attend 

• Energy analysts
• Financial analysts
• Accountants
• Investors
• Power producers
• Attorneys
• Marketers
• Marketers from the US, Mexico and Canada
• Staff at LNG export and import companies, natural gas pipeline companies, gas and electric utilities, and ship owners