IHRDC - International Human Resources Development Corporation

A Worldwide Leader in Oil and Gas Training - Since 1969

LNG Business Workshop

Duration:2.5 DAYS

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LNG Business Workshop - Map In this 2.5 day workshop, participants learn the technical, commercial, legal and business essentials of LNG projects at each step along the LNG value chain. Through a combination of lectures and a challenging LNG business game, the session progresses from the host country agreement and gas production to liquefaction, shipping, receiving terminals and gas marketing. The LNG business game takes place in either the “Republic of Pacifica,” an island republic off the coast of Peru or the “Republic of Sogal,” an island republic off the West coast of Africa. Participants, working in teams, are asked to develop a significant gas resource by deciding which LNG technology and train size to implement, what size ships to charter, what receiving terminal options to accept and where to sell the LNG – North and South America, Europe and Asia. The financial performance of these decisions are then reviewed after 20 years of simulated performance.


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