As natural gas demand grows, traditional LNG trade flows and pricing mechanisms are being challenged. New trends such as increasing appetite for spot LNG, and the transition in Europe from oil-indexed to hub-based pricing, are shifting the competitive landscape both regionally and globally.
Essential training for both newcomers to LNG and those wanting to refresh their knowledge, this one-day course provides current insights into 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.
Global LNG Markets – Introduction to markets in Asia, the Middle East and Atlantic Basin
Brief history of the rise of LNG demand
Asia as a key buyer – country-by-country breakdown
The role of the Americas, Europe and Middle East
LNG Pricing Structure Overview
Formula and market-based pricing
Introduction to term pricing
Introduction to spot pricing
Practical LNG Pricing and Risk Management
LNG Trade flows
Current trading patterns
Competition between markets - East Asia/ South America/ India/ Northwest Europe
LNG trading markets and participants
The LNG reload business
Shipping types and costs
Shipping market trends and developments
16:15Trading & Shipping Exercise
The exercise will give participants a better understanding of shipping types and costs, cargo routes, shipping market trends and developments
17:00End of course
Ed Cox - Editor, ICIS Energy
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 - Head of Gas & LNG, ICIS
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 Kazmin - Editor-LMD, ICIS
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.
Why attend this course?
Understand how pricing mechanisms are evolving in Europe, the Atlantic Basin and Asia Pacific
Learn about LNG pricing mechanisms and trading patterns around the globe
Identify major LNG players shaping the competitive landscape
Assess the implications of global and regional LNG developments on your business
Gain insights into short- to long-term price drivers for LNG
Get to grips with LNG shipping, including ship types, costs, main routes, and key issues
ICIS works alongside our clients to create bespoke training courses that mould our expertise and your specific needs. We’ll pinpoint the current expertise of your employees, areas for improvement, and your business goals, and develop a training course that will bring tangible benefits to your business.
Our custom training courses are delivered as interactive workshops, focusing on the products, concepts and issues that are most relevant and beneficial to you.
Save money on transportation and accommodation, with training at a convenient location
Flexibility - you determine the length and duration of the sessions
Interactive workshops with hands-on exercises, to reinforce key skills, techniques and concepts
Take-away the course materials, presentations and background information for future reference
To enquire about in-house training for this course please click here and a member of our team will get back to you.
There are currently no training courses related to this course.