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The program is designed around a classic IHRDC business workshop
which focuses on the exploration, development and gas market opportunities
of a sizeable gas prospect in Asia. The setting is an undeveloped
but highly populated hypothetical country on the South China Sea
called Singnam. Participants, divided into teams, make the real-life
technical and financial decisions that confront managers in the
international gas business today, while exploring and developing
the prospect over a simulated 20-year period. Approximately one-half
of the program is devoted to workshop sessions.
Participants are challenged to explore for, develop and market
gas reserves in Singnam. They make decisions on where the discovered
reserves are to be allocated based on the financial analysis of
a variety of downstream market opportunities, each with its own
set of economics and risk. Market opportunities include LPGs, local
gas distribution, combined-cycle power plants, ammonia plants, LNG
exports, methanol and gas pipeline export projects.
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