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LNG (Liquefied Natural Gas) Fundamentals: From Gas to Global Commodity
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This comprehensive 5-day course provides a thorough understanding of the liquefied natural gas (LNG) industry, from the gas liquefaction process to the global LNG trade.
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Course Duration
5 Days
Enroll By
Every Week
Course Type
Online/ London
Course Details
This comprehensive 5-day course provides a thorough understanding of the liquefied natural gas (LNG) industry, from the gas liquefaction process to the global LNG trade. Participants will learn about the entire LNG value chain, including natural gas liquefaction, LNG transportation by sea, regasification, and distribution. The course covers key topics such as LNG plant design and operation, LNG carrier technology, safety and environmental considerations, and the economics of LNG trade. Participants will gain a practical understanding of how natural gas is transformed into LNG, transported across oceans, and delivered to consumers.
This course emphasizes both the technical and commercial aspects of the LNG industry. Participants will analyze case studies of LNG projects, learn how to assess the economic viability of LNG ventures, and understand the complexities of the global LNG market. The course will also cover the latest technologies used in LNG production and transportation, giving participants a comprehensive view of this growing and increasingly important segment of the energy industry. By the end of this course, participants will have a solid foundation in LNG fundamentals and be prepared to explore more specialized topics.
By the end of this course, learners will be able to:
- Describe the LNG value chain.
- Explain the LNG liquefaction process.
- Understand LNG carrier technology and operations.
- Discuss LNG regasification and distribution.
- Analyze the economics of LNG trade.
- Engineers and technicians working in the LNG industry
- Commercial and business development professionals
- Shipping and logistics personnel
- Anyone interested in learning about LNG fundamentals
Course Outline
5 days Course
- Introduction to LNG:
- What is LNG? Properties and uses of LNG.
- The LNG value chain: Liquefaction, transportation, regasification, and distribution.
- Global LNG market overview: Supply, demand, and trade flows.
- Case study: Analysis of a major LNG project.
- LNG Liquefaction:
- Natural gas pretreatment and purification.
- LNG liquefaction processes: Cascade process, propane precooled mixed refrigerant (C3MR) process, and others.
- LNG plant design and operation.
- Practical exercise: Designing a simplified LNG liquefaction process.
- LNG Transportation:
- LNG carriers: Ship design, containment systems, and cargo handling.
- LNG shipping operations: Navigation, loading, and unloading.
- Safety and environmental considerations in LNG shipping.
- Case study: Examining an LNG carrier operation.
- LNG Transportation:
- LNG Regasification and Distribution:
- LNG regasification terminals: Types and design.
- LNG storage and distribution.
- Safety and environmental considerations in LNG regasification.
- Practical exercise: Designing a simplified LNG regasification terminal.
- LNG Regasification and Distribution:
- LNG Economics and Market Outlook:
- Economics of LNG projects: Costs, pricing, and financing.
- LNG trade and market dynamics.
- Future trends in the LNG industry.
- Case study: Analyzing the economics of an LNG import project.
- LNG Economics and Market Outlook:
