Introduction to Liquefied Natural Gas (LNG)
« Return to Course Schedule
Shale gas’ success is well-established in the lower 48. The shear size and locations of the production areas have made shale gas the most significant change to the North American energy complex in the last ten years.
Now, gas export activities to distant markets in Europe and Asia-Pacific have
begun. Conventional fields and plays continue to receive ongoing attention in the historically productive regions. Deepwater exploration and production efforts progress globally. Not surprisingly, natural gas production and reserves are increasing even though oil finds may be the desired target. Gas accumulations are more common than oil by 2 or 3 times and now the technological combination of horizontal drilling and hydrofracturing have opened new realms of opportunity worldwide.
With the pending impact of game-changing rising reserves and production of gas on the global energy complex, it is critical to understand all the implications and issues associated with their production and distribution techniques for global supply.
Natural gas is a good choice as a clean, efficient fuel for electric power
generation, transportation and industrial / residential use. LNG is the mode of transport of natural gas from production areas to major market areas beyond the reach of pipelines.
More than half of the top ten largest projects in the world today are LNG projects. The energy professional will need to be well-versed in regards to natural gas and LNG principles for maximum contribution and team coordination.
What You Will Learn
This course will provide a thorough understanding of the history, the current state of development and case studies as well as a look into the future of LNG and its relation to the energy industry. We will also be examining the key issues of technological advances, new natural gas provinces, environmental concerns and market implications.
At the conclusion of the class, the participant will have gained a thorough introduction to the dynamics of natural gas and its burgeoning transport via the LNG value chain. The global implications for continued progress in finding new conventional and unconventional gas resources is outlined in conclusion.
Topics covered include:
Natural Gas Fundamentals
- Exploration, Processing and Production
- Consumption and Commodity Pricing
Overview of the LNG Industry
- A Transport Mode
- The Value Chain
- Brief History
- Case Study – Arun, Indonesia
LNG Value Chain
- Gas Field
- Liquefaction Plant
- Receiving / Re-gasification Terminal
- Related Equipment
Infrastructure, Market Implications and Future Trends
- Global Infrastructure
- Supply and Demand equation
- Locational Basis and Advantage
- Impact on Investment
Who Should Attend
Program is intended for general audiences. Ideal for professionals seeking to gain a fundamental understanding of natural gas and LNG in the energy industry. Program assumes little to no previous knowledge of gas markets and the LNG industry including related technologies. Attendees may also be new entrants to the oil and gas industry who seek to learn more about the rapidly-developing LNG option for the world.