International Gas Business Management Certificate Program
Unit Two

Unit Two: The Downstream Gas Business

International Gas Markets and Pricing
The Need To Identify Gas Markets Early; Gas Market Analysis; Netback Pricing and Interfuel Competition; Market Segments and Market Opportunities.

Workshop: Summary of Upstream Decisions in Singnam

Gas-Fired Power Plants: Technology & Economics
Overview of Combined-Cycle Gas Turbine Power Systems; Technology: Plant Design, Fuel Efficiency, Available Packages; Project Feasibility: Capital Costs, Economics, Risk, Financing, Contracts, Markets, Capital and Operating Cost Estimating; Contracting for Fuel Supply and Power Sales; Worldwide Power Trends; Examples of Recent and Planned Projects.

Workshop: Gas-Fired Power Plant Market Decision

Gas Distribution: Systems, Markets, Technology, Economics and Supply Overview of the Gas Distribution System; Classes of Customers and Load Factors; Competition from Other Fuels; Sources of Gas Supply: Gas Supply Contracts, Prices, Character of Gas Supply; Structure and Regulation of Local Distribution Companies (LDCÌs); Marketing Demands; Design & Construction of Distribution Systems; Expansion; Operations: Load Balancing, Distribution Planning, Maintenance, Environmental Considerations, Rate-Making Policies & Practices.

Workshop: Installing Gas Distribution Systems in Two Key Cities

Petrochemical Markets for Natural Gas: Methanol, Ammonia and Gas-to-Liquid Conversion
Use of Gas for Ammonia and Methanol and Conversion to Liquid Fuels; Processes for Conversion of Gas to Methanol; Markets and Project Economics; Ammonia and Fertilizers: Source of Supply, Types of Processes, Intermediate and End Products, Markets; Project Economics; Examples of Recent and Planned Projects; Gas-to-Liquid Conversion; Available Technology; Major Players; Capital and Operating Costs; Economic Analysis.

Workshop: Assessment of Markets for Methanol, Ammonia and Gas-to-Liquids Conversion

Project Financing of Energy Projects
Corporate and Project Financing; Sources of Debt and Equity Financing; Public and Private Sources of Capital; Multilateral and Bilateral Sources of Financing; Risk Assessment and Mitigation; Structuring of Financing; Preparing the Financing Plan; Negotiating the Term Sheet; Preparing the Financing Documents; Closing.

Project Financing Case Studies
Examples of Project Financing of Energy Projects: Qatar Gas Project; Colombia Power Project; US Gas Storage Project.

Workshop: Export Pipeline Decision

LNG Systems and Transportation: Technology & Economics
Overview of the role of LNG within the Gas Chain; Technology: LNG Plants, Liquefaction, Ship Design and Operations, LNG Re-gasification Units; LNG Project Feasibility: Capital Costs, Economics, Risk, Financing, Markets; LNG Plant Design: Gas Reserves to Support a Plant, Contract Prices, Contracting; Examples of Recently Completed and Planned Projects.

Workshop: Assessing Two LNG Markets

Gas Field Development: Feasibility Analysis Planning and Project Management
Integration of Field Development and Market Opportunities; The Field Development Process: From Subsurface to Surface Facility Design; Establishing the Field Design Rate; Improving Field Performance; Identifying and Evaluating Potential Gas Markets; Netback Prices and Contract Terms.

Workshop: Integrated Development Decision

The New Gas Business: Leadership in an Environment of Rapid Change
The New Gas Industry: Structure, Players, Industry Changes and Retail Marketing; Integration With The Power Industry; The Driving Forces; Leadership Skills Required in the New Business Environment: From Canoeing on a Pond to Kayaking in Rapids.

Workshop: Fifth Production Year Decision

Energy Trading and Risk Management
Physical and Financial Transactions; Commodity Exchanges; Futures; Hedges; Options; Risk Management Techniques; Margins and Typical Exchange Agreements.

Workshop: Tenth Production Year Decision