Training in Petroleum Markets


Training in Petroleum Markets

14th November-18th November 2022 in  Arusha

What’s it about?

The course will prepare these experts to cover international energy markets, at every level from physical crude to geo-political implications and equip them with the necessary tools to fully and adequately cover energy markets. They will learn valuable skills such strategies that oil & gas management, Oil & gas processing including exploration, refining, storage transportation and retailing. They will also understand Contracting frameworks and underlying Petroleum Economics. Detailed LNG contracting frameworks will be reviewed with practical examples critical to our region.  The courses are highly interactive with numerous illustrations, worked examples and exercises based on real international market situations, for delegates to try in small syndicate groups.

Course Structure Highlights

Detailed Coverage:

  1. Petroleum Trading
  • Introduction to the basics of the oil and gas market; Fiscal regimes, pricing differentials
  • upstream and downstream activities
  • supply and demand
  • Internation Oil trading Operations( Cargo Trade, chartering, storage, blending, bunkering etc).
  • Basics of Petroleum economics(Cash Flow Components and Economic Indicators)
  • producing refined products
  • Futures and options and risk management
  • Financial modelling of PSC and Royalty contracts
  1. Framework for managing Gas trade
  • Principles of Gas industry(processing, shrinkage calculation)
  • Commercial issues(gas price methodology, Parity, oil Price index )
  • Gas supply and purchase
  • LNG Market and transportation and distribution(shipping, pipelines types and Tariff methodology, nominations, cross-border pipelines, load management)
  • Contract management(GSPA, Supply contracts)
  • Natural Gas Policy and regulation
  1. Geo politics and oil
  • assessing risk for investors
  • Regional geopolitics in the Oil and Gas sector


The Course will take 5 days


The training cost will be  US$1000 per person covering the materials, meals and cost of the venue.

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No cancellation and refund of the tuition fee is possible. Should you be unable to attend, a substitute delegate is welcome at no extra charge. (In case participant registers with the wrong tuition fee and a refund is approved by EREA, banking costs shall be borne by the participant.)


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Additional information

Registration Fees

EREA Members, Non EREA Members