The U.S. is on its way to becoming the number one global Liquefied Natural Gas (LNG) exporter. U.S. LNG exports will play a vital role in reducing Europe’s dependence on Russian natural gas as the Russia-Ukrainian War continues. Climate change effect in Europe, Asia and Latin America are also bullish for U.S. LNG exports.

Attendees of this 1 ½ day course will take away comprehensive knowledge of the LNG industry, from fundamentals:

• Types of infrastructure
• Costs
• Siting and safety regulations
• Markets for LNG
• How an LNG plant operates (import, storage, and vaporization)
• Types of vessels used to transport LNG

To more in-depth topics such as:

• Inland and offshore LNG import and export terminals
• How LNG peak shaving plants are used to mitigate temporary natural gas supply and price risks
• The roles played by the Department of Energy, FERC, PHMSA, and USCG in siting and safely operating U.S. LNG projects
• LNG bunkering and greening LNG cargos
• LNG pricing mechanisms
• Sales purchase agreements
• How LNG is priced for domestic use
• How natural gas and LNG futures contracts used to hedge risk

This intensive course is a must for anyone whose job touches the LNG sector; special group discounts are available, so train your whole team for as much as 40% off!

Learning Outcomes

• Discuss the role of the Russia-Ukraine War and climate change on North America LNG Exports
• Describe basic LNG fundamentals
• Discuss the traditional LNG supply chain
• Evaluate LNG transportation, receiving terminals, environmental aspects, and trad markets
• Examine the offshore LNG supply chain and evaluate LNG project costs
• Analyze LNG contracts and project development
• Review examples and mechanisms of U.S. LNG exports
• Discuss purchasing strategies of LNG for use in the U.S.

MONDAY, MAY 22, 2023

LNG Fundamentals

• LNG Characteristics
• Units and Conversion Factors
• LNG Common Terms
• LNG Facility Types
• LNG End Uses

LNG Supply Chain

• Overview and Liquefaction Process
• Types of Liquefaction Processes
• Liquefication Plant Types
• LNG Train Size
• LNG Loading

Land-Based LNG Exporting & Receiving Terminals

• LNG Export Terminals aka Liquefaction Plants
• LNG Import Terminals aka Regasification Plants

Floating LNG Export & Import Vessels

• Floating Protection Storage Offloading (FPSO) and Floating LNG
• Offshore LNG Regasification
• Floating Storage & Regasification Units (FSRU)
• FSRU to Power

LNG Environmental, Regulatory, & Safety Aspects

• Environmental Impacts
• U.S., Canadian, and Mexican Regulation
• Environmental Reviews and State/Provincial Permits

LNG Transportation

• By Ship
• By Truck
• By Rail
• LNG Carrier Costs and Travel Time
• LNG as Transportation Fuel

TUESDAY, MAY 23, 2023

LNG Project Costs

• Cost Allocation of LNG Project
• Liquefaction Plant Costs
• Buyers and Sellers in the LNG Supply Chain

LNG Contracts and Project Development

• Integrated LNG Supply Chain
• Less Integrated LNG Supply Chains
• Project Finance
• Project Management
• Pre-Front End Engineering and Design (FEED)
• EPC Contracts

LNG Trade & Sales & Purchase Agreements

• Global LNG Market Growth
• LNG Import and Export Markets
• Global LNG Mega Projects and Players
• Portfolio Players
• Small LNG Exports to Caribbean
• Sales & Purchases Agreements

U.S. LNG Exports

• Countries Receiving U.S. LNG
• LNG Prices

Pricing Global LNG & LNG Export Business Models

• Pricing Mechanisms for Global LNG Markets
• Pricing Mechanisms for Small Quantities of LNG
• LNG Export Business Models
• Global LNG Trends

Tom Russo, President, Russo on Energy, LLC

Tom Russo is an Energy and Environmental expert with unique FERC regulatory skills in oil, natural gas and liquefied natural gas infrastructure, NEPA environmental impact assessment and in how energy markets, prices and physical/cybersecurity affect infrastructure investments. 

Prior to founding Russo on Energy LLC in May 2015, Mr. Russo worked for over 30 years as a Manager and Sr. Energy Industry Analyst at the Federal Energy Regulatory Commission (FERC). During that time, he amassed experience in the natural gas and crude oil markets and their regulation by the FERC. Mr. Russo thoroughly understands the Natural Gas Act, Natural Gas Policy Act, and Interstate Commerce Act which are applicable to natural gas and oil pipeline transportation.  

Mr. Russo is also an adjunct professor at the George Washington University’s Elliott School of International Affairs. He teaches Global Energy Markets and Global Energy Security to undergraduate and graduate students. He actively conducts independent research on oil, natural gas, and power matters and writes an Energy and Environmental column for the Climate & Energy Journal.