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Natural Gas Economics 101

The natural gas industry is very complex and international with economics driving every aspect and every decision. Natural Gas Economics 101 takes you from the wellhead to the customer meter or LNG destination point to understand the factors that sustain the price of natural gas, including review of pipelines, utilities, regulators and producers and consumers in North America and the world. The direction appears to be for increasing global gas utilization at the expense of all other current energy sources.

Full Course Description

Some of the areas the course will focus on are:

  • Upstream economics for the natural gas producer (NG value chain, ROI, taxes, capital expenditures).
  • Natural gas processing operations and transportation (midstream gas sector, treatment stages, natural gas liquids, safety and disposal issues, pipelines, regulations, utility pricing).
  • Economics of Liquefied Natural Gas (LNG value chain, project Capex & Opex, LNG pricing mechanisms, evolving trends – exports / projects).
  • Wholesale economics from the seller’s perspective (market participants and perspectives, financial market influences, price mitigation and volume excursions, seller options).
  • Wholesale economics from the buyer’s perspective (buyer decisions, market players, analysis of supply offers, risk control, budget and market optimization).
  • Trade and hedge economics (futures, options, over-the-counter markets, technical analysis, forecasting).
  • Gas storage economics (storage facilities, contango / carry forward opportunities, demand drivers).
  • State of the energy complex (demand supply trends, geopolitical change from unconventional success – shale resources, oil vs. gas market comparison and direction).
  • Major Oil and Natural Gas Independent:
    • Refiners
    • Processors
    • Marketers
    • Supply and distribution personnel
    • Exchange personnel
    • Risk managers
    • Wholesale and commercial managers
    • Traders
    • Gas storage owners and operators
  • Wholesale Marketing Companies
    • Marketers
    • Brokers
    • Energy supply managers
    • Pipeline companies that market natural gas
    • Compressed Natural Gas marketers
    • Every level of the trading community, both physical and financial
  • End-Users
    • Large consumers with pipeline rights and ability to store gas
    • Large buyers of LNG
    • Utilities with end-users likely to change from coal as power plant fuel
    • Government agencies and regulators – Federal – State – Municipal
  • Lenders to the natural gas industry
  • Futures and OTC brokers
  • Media companies
  • Natural gas reporters
  • Natural gas analysts
Industry Segment
Course Level
Introductory
CPE Credits
10
EMI Credits
6