The global oversupply of LNG that hit the market in late 2018 has led to a low price environment with spot sellers’ margins squeezed. The production focus is now on new US supply with European imports likely to rise sharply in 2019 and amid concerns over East Asian demand. Longer term, the market is more optimistic with a new raft of production soon to be signed off to start in the mid 2020s. Long-term contracts remain intact but continue to evolve.
Essential training for both newcomers to LNG and those wanting to refresh their knowledge, this 1.5 day course provides insight into key themes including pricing, shipping and supply/demand. With a close look at regional differences and developments, as well as a global overview, it’s a cost-effective option for anyone looking to enhance their understanding of the market
08:30 REGISTRATION AND REFRESHMENTS
09:00 Introduction to LNG Markets and Pricing
09:30 The LNG production cycle and supply wave
10:00 Global LNG Markets – Introduction to markets in Asia and the Middle East
11:00 REFRESHMENT BREAK
11:15 Global LNG Markets – Introduction to markets in Europe and the Americas
12:00 LNG Pricing Structure Overview
13:45 Practical LNG Pricing and Risk Management
15:15 LNG Trade flows – Asia and Middle East
16:00 REFRESHMENT BREAK
16:15 LNG Trade flows – Europe and Americas
17:00 Course wrap up
17:10 End of day 1
09:00 Introduction and Recap of Key Themes
09:15 Global LNG market outlook
10:00 LNG shipping market dynamics
11:00 REFRESHMENT BREAK
11:15 Practical LNG shipping and trading exercise
12:15 End of course followed by lunch
Would you like to know more about the latest LNG trade flows scenario and other market updates?
Attend the Global LNG Markets and Pricing training course as we host our first LNG session of 2019.
Ed Cox is Editor of ICIS’ Global LNG portfolio and previously headed up the daily ICIS European gas report, ESGM. Ed has over 10 years of experience within the energy and petrochemical markets, working within different departments of ICIS.
Ed studied Modern Languages at the University of Oxford and has also worked within the financial industry
Ben Wetherall is the Head of Gas & LNG at ICIS and is responsible for overseeing the company’s natural gas and LNG markets pricing benchmarks and market analysis. He has worked closely with the LNG trading community to provide price reference points and market intelligence which has supported the growth of trade. He previously edited ICIS Global LNG Markets and has published research on LNG short-term trading and pricing. Prior to joining ICIS in 2010, Ben worked as a consultant for Gas Strategies where he provided commercial advice on upstream, pipeline and LNG projects in Europe, Russia and Asia. He also worked as a country risk analyst for IHS Global Insight, and has monitored over 10 elections in Europe and the CIS for the Organisation for Security and Cooperation in Europe.
Roman has a background in LNG of over 10 years. He started his career in the energy sector as a business development manager, energy for King & Spalding with special reference to gas-to-ower project in Russia. He has worked as an LNG broker on both shipping and product for E.A. Gibsons. He is currently affiliated with University of Cambridge, Energy Policy Research Group. His most recent study Economics of LNG Trade: the economics of inter-basin arbitrage trade 2010-2014 was published in January 2016. He is currently involved in research on development of hybrid approach to LNG derivatives trade. At ICIS, Roman edits the LNG Markets Daily and overseas the daily price assessments across Asia-Pacific region.
Ruth Liao is Americas editor for LNG at ICIS and responsible for price assessments, news coverage and analytics for North and South America. Her coverage can be found in LNG Markets Daily, Global LNG Markets and the LNG analytics platform LNG Edge. Ruth has been an editor with ICIS since 2011 and joined the LNG editorial team in 2012. She is a graduate of The University of Texas at Austin with a bachelor of journalism and has worked at daily newspapers in Arizona and Oregon. She has most recently spoken at the North American Gas Forum in Washington, DC, the Houston 2025 and Beyond conference in Houston and the ICIS China LNG Supply/Demand and Investment Opportunities training in Shanghai.
“The course is very effective to understand the dynamics of the LNG market” – Gas & Power Analyst, EDISON S.p.A
“Useful course for a beginner, or a more experienced practitioner looking for an update on the market.” – Senior Consultant, FTI CONSULTING
Very good, worth recommending! – Specialist, POLISH OIL AND GAS COMPANY
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