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Advanced CPD

LNG Markets, Pricing and Hedging

This advanced 5 days programme provides professionals with a rigorous, practice-oriented grounding in LNG Markets, Pricing and Hedging. Designed for those working across the Midstream & Natural Gas sector, the course combines established theoretical frameworks with current industry practice through expert-led instruction, structured case studies, and hands-on workshops.

5 daysDuration
AdvancedLevel
5 Days · 15 ModulesProgramme
YX-LNG-003Code
Classroom Online In-House Blended
Starting From
$4,950
per delegate · live online
Classroom
Face-to-face at a global venue
$5,950
Online
Live interactive virtual sessions
$4,950
In-House
Delivered at your premises
Quote
Enquire & Book Request In-House Quote
Internationally Accredited
50+ Global Locations
Expert Advisory Team
Secure Booking Process

Course Overview

About this programme

This advanced 5 days programme provides professionals with a rigorous, practice-oriented grounding in LNG Markets, Pricing and Hedging. Designed for those working across the Midstream & Natural Gas sector, the course combines established theoretical frameworks with current industry practice through expert-led instruction, structured case studies, and hands-on workshops.

Participants will engage with the most relevant tools, standards, and methodologies used in Natural Gas & LNG today. By the final day, delegates will leave with a clear personal action plan and the confidence to apply their learning immediately, contributing to improved performance, compliance, and competitive advantage within their organisations.

Programme Objective

Equip professionals with the knowledge, skills, and frameworks required to excel in LNG Markets, Pricing and Hedging, driving measurable improvement in Midstream & Natural Gas performance and delivering tangible value to their organisations.

5 daysTotal Duration
5 DaysTraining Days
15 ModulesModules Covered
Max 20Class Size
EnglishLanguage
CPDAccreditations

What You Will Learn

10 key learning outcomes

01

Understand the midstream value chain from production wellhead to downstream processing and export

02

Apply gas processing fundamentals including dehydration, sweetening, NGL extraction, and compression

03

Evaluate LNG technology: liquefaction, storage, shipping, regasification, and LNG market structure

04

Apply pipeline design, hydraulics, and integrity management principles to onshore and offshore systems

05

Understand natural gas markets, pricing mechanisms, and commercial structures including long-term contracts

06

Assess the safety and integrity requirements for gas pipelines, LNG terminals, and processing facilities

07

Apply piping design codes (ASME B31.4, B31.8) to midstream pipeline and piping systems

08

Evaluate the role of natural gas and LNG in the global energy transition and decarbonisation pathway

09

Analyse midstream project economics including tariff structures, tolling agreements, and capex recovery

10

Apply operational best practices for gas pipeline operations, compression, and metering systems

Course Outline

5 training days · 15 modules · hands-on workshops

1
LNG
Fundamentals
2
LNG
Liquefaction
3
LNG
Storage,
4
LNG
Regasification
5
LNG
in
Day 1

LNG Fundamentals & the Global LNG Industry

Understand LNG technology basics and the structure of the global LNG market.

8 hours 3 modules
Module 1

Natural Gas & LNG Properties

  • LNG: composition, liquefaction temperature, and density
  • Boil-off gas: generation rate, management, and re-liquefaction
  • LNG vs. CNG vs. pipeline gas: selection criteria for different applications
  • Cryogenic properties: materials selection for LNG service
Module 2

Global LNG Industry

  • LNG supply chain: liquefaction, shipping, and regasification
  • Key producing regions: Qatar, Australia, USA, Russia, and Africa
  • LNG demand centres: Northeast Asia, South Asia, and Europe
  • LNG pricing: oil-indexed, spot (JKM), and hybrid structures
Module 3

LNG Market Participants & Structures

  • IOCs, NOCs, and trading companies: roles and business models
  • LNG joint ventures: upstream integration and offtake
  • Spot and short-term LNG trade: growth and market liquidity
  • LNG portfolio players: aggregators, traders, and their strategies
Practical Workshop

LNG market mapping: teams map the LNG value chain for a major producing country, identifying the key commercial entities, contract structures, and pricing linkages.

Day 2

LNG Liquefaction Technology

Evaluate liquefaction process technologies and plant design.

8 hours 3 modules
Module 1

Liquefaction Thermodynamics

  • Refrigeration cycle fundamentals: vapour compression and Carnot efficiency
  • Mixed refrigerant cycles: C1-C5 composition and phase envelope
  • Cascade refrigeration: pre-cooling, liquefaction, and sub-cooling stages
  • Efficiency metrics: specific power (kWh/tonne LNG) and comparison
Module 2

Liquefaction Process Technologies

  • APCI propane pre-cooled mixed refrigerant (C3/MR): dominant technology
  • Shell double mixed refrigerant (DMR): Arctic and offshore applications
  • ConocoPhillips Optimised Cascade: propane, ethylene, and methane cycles
  • PRICO, Linde, and compact technologies for small-scale and FLNG
Module 3

Liquefaction Plant Facilities

  • Gas pretreatment: CO2 removal, dehydration, mercury removal, and NGL
  • Liquefaction train: cold box, heat exchangers, and rotating equipment
  • Utilities: power generation, cooling water, nitrogen, and instrument air
  • FLNG (floating LNG): Prelude and Coral Sul design concepts
Practical Workshop

Liquefaction process comparison: teams compare C3/MR and Optimised Cascade technologies on efficiency, flexibility, cost, and suitable applications for three given project scenarios.

Day 3

LNG Storage, Loading & Shipping

Design and operate LNG storage facilities, marine loading systems, and LNG tankers.

8 hours 3 modules
Module 1

LNG Storage Tanks

  • Full containment tanks: primary container, secondary container, and perlite insulation
  • Membrane tanks: corrugated stainless steel membrane and insulation foam
  • Tank sizing: hold time, boil-off rate, and cool-down procedure
  • Tank inspection and integrity: hydrostatic test, settlement, and repair
Module 2

Loading & Marine Operations

  • LNG loading arm systems: articulated chiksan arms and marine loading
  • Vapour return: pressure balancing during loading operations
  • Boil-off during loading: management and flare minimisation
  • LNG tanker types: membrane, Moss sphere, and Q-Flex/Q-Max vessels
Module 3

Shipping Safety & Emergency

  • LNG tanker safety: segregation, inerting, and gas freeing
  • Emergency shutdown system (ESD): tanker-shore link and quick disconnect
  • LNG spill response: pool fire, rapid phase transition, and dispersion
  • SIGTTO guidelines: LNG carrier operations and emergency procedures
Practical Workshop

LNG loading operation exercise: teams plan a complete LNG ship loading operation, identifying key steps, safety checks, and emergency shutdown scenarios.

Day 4

LNG Regasification & Commercial Management

Operate regasification terminals and manage LNG commercial and contractual arrangements.

8 hours 3 modules
Module 1

Regasification Technology

  • Onshore receiving terminal: berth, unloading, storage, and sendout
  • Vaporisation technologies: ORV, SCV, and air vaporisers
  • FSRU: vessel specifications, mooring, and connection to grid
  • Regasification capacity: sendout rate, peak demand, and swing capability
Module 2

LNG Commercial Contracts

  • Sales and purchase agreement (SPA): take-or-pay, annual contract quantity, and flexibility
  • DES vs. FOB delivery: risk transfer and shipping cost responsibility
  • Destination clauses: traditional restrictions vs. destination-free contracts
  • Price review and price reopener: triggers, mechanism, and negotiation
Module 3

LNG Risk Management

  • Cargo scheduling: optimisation of shipping and inventory management
  • LNG trading desk: spot cargo optimisation and diversion value
  • Price risk: oil-linked exposure and hedging with Brent swaps
  • Operational risk: berth unavailability, sendout shortfall, and force majeure
Practical Workshop

LNG SPA term sheet: teams negotiate the key commercial terms of an LNG SPA between a seller and a buyer for a 20-year supply arrangement.

Day 5

LNG in Energy Transition & Future Markets

Evaluate LNG's evolving role in decarbonisation and explore future market developments.

8 hours 3 modules
Module 1

LNG and the Energy Transition

  • LNG demand outlook: CCGT power, gas switching, and China growth
  • Methane emissions from LNG: leakage, measurement, and OGMP 2.0
  • LNG as marine fuel: LNG bunkering, demand, and port infrastructure
  • Low-carbon LNG: CCS-linked and nature-based offset credits
Module 2

Small-Scale LNG & New Markets

  • Small-scale LNG: applications in trucking, rail, shipping, and industry
  • LNG as peak-shaving for pipeline distribution networks
  • LNG for island power generation and remote industrial supply
  • LNG import infrastructure: modular terminals and FSRUs for emerging markets
Module 3

Future LNG Developments

  • Ammonia as alternative to LNG: comparison and co-existence
  • Hydrogen liquefaction: liquid H2 carriers and conversion economics
  • CCUS-enabled LNG: carbon-neutral LNG product certification
  • LNG industry digitalisation: smart terminals and AI-optimised shipping
Practical Workshop

LNG strategy assessment: teams assess whether a new LNG import terminal is commercially viable for a provided emerging market, evaluating demand, competition, financing, and risk.

The course outline is indicative. Content may be adapted to reflect current industry developments and delegate experience levels.

Who Should Attend

This programme is designed for professionals across these roles

Pipeline & Gas Processing Engineers

Engineers responsible for gas processing, pipeline design, and midstream facility operations

LNG Operations Personnel

Operations staff at liquefaction plants, LNG terminals, and on LNG tanker vessels

Commercial & Trading Professionals

Commercial teams managing LNG contracts, pricing, and portfolio optimisation

Business Development Managers

Professionals evaluating new midstream project opportunities and commercial partnerships

Integrity & Maintenance Engineers

Engineers responsible for pipeline integrity, inspection, and corrosion management

Graduate & Early-Career Engineers

Engineers entering midstream roles and building a foundation in gas and LNG operations

Schedule & Fees

Upcoming public dates — enrol anytime

May
29
29 May – 02 Jun 2026
Dubai, UAE
Classroom 7 seats available
$5,950
per delegate
Jun
29
29 Jun – 03 Jul 2026
Live Online (Zoom)
Online 8 seats available
$4,950
per delegate
Jul
23
23 Jul – 27 Jul 2026
Singapore
In-House 7 seats available
Quote
custom pricing
Aug
21
21 Aug – 25 Aug 2026
Houston, USA
Blended 4 seats available
Quote
custom pricing
Sep
20
20 Sep – 24 Sep 2026
Abu Dhabi, UAE
Classroom 9 seats available
$5,950
per delegate
Oct
17
17 Oct – 21 Oct 2026
Live Online (Zoom)
Online 5 seats available
$4,950
per delegate
Can't find a suitable date? Contact us for private cohort scheduling or in-house delivery options at your premises.

Accreditations & Recognition

This course carries internationally recognised professional credits

CPD Certified

Course Resources

Request documentation before you book

Ready to Enrol?

Speak with our training advisors to confirm availability, group rates, and customised in-house options.