Training in Petroleum Markets
$1,000.00
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:
- 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
- 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
- Geo politics and oil
- assessing risk for investors
- Regional geopolitics in the Oil and Gas sector
Time
The Course will take 5 days
Cost
The training cost will be US$1000 per person covering the materials, meals and cost of the venue.