The workshop reviewed the status of the global LNG business in late-2020. The impact of the lack of FIDs on the balance between supply and demand in the mid-2020s will be considered and the potential need for the output from new liquefaction capacity by 2035 to meet increasing demand and the decline in output from some of the older operating plants over the period to 2035 estimated. Trends in the long-term pricing of LNG will be reviewed and traditional oil-indexed pricing compared with the alternatives, including the cost-based price of US LNG. The price of spot LNG cargoes will be covered and the trends in JKM, TTF and the US Henry Hub price discussed.
The workshop provided attendees with the opportunity to review the outlook for LNG supply, demand and LNG pricing, in advance of the online conference.
LNG & Natural Gas Consultant, UK
Andy Flower has been consultant in LNG & Natural Gas since his retirement from BP in 2001. During his 22 years working on LNG in BP, Andy managed BP’s interests in projects in Nigeria, Abu Dhabi, Qatar and Australia. He also led a team responsible for evaluating potential new projects in PNG, Venezuela, Angola, Egypt, Indonesia and Iran. His expertise is in the commercial aspects of LNG including, marketing, project development, supply and demand, contracts, pricing, shipping and short-term trading. He has run LNG courses in Europe, Asia, the Middle East and the Americas. He is the author of many articles in journals and chapters in books on LNG and natural gas.
1. The LNG Supply Challenge
2. Floating Liquefaction
3. LNG Demand
4. LNG Pricing
"I was interested in knowing the future demand of LNG sector and my objective achieved properly."
"It was a useful time to analyze the LNG market from various aspects. I highly recommend this workshop to people who are interested in Market Intelligence."
"It has been learned key points and numbers about the world's data in the field of LNG."
"Understood the forces of demand and supply in LNG global market. Had a better insight into oil indexing as a determinant factor of LNG price."
"The course is a fantastic opportunity for anyone to learn and get updated on the LNG market."
"I have participated in online as well as in-person training in oil and gas before. However, this training by Conference Connection has a unique feature considering the current pandemic as well as energy situations. The topic is timely and the presenter never deviates from the course materials prepared. Of course, when a participant asks different questions, a well explained answer and example were given. As my country is working to be on the LNG market as small-scale producer, I found the training very insightful in terms of the most updated figures and considerations."
"It gave me a more open view on the LNG history and current situation around the world."
"Learnt a lot about Natural Gas especially in pricing."
"Excellent webinar - useful information delivered in a clear and relaxed manner. I learned very much from the webinar, the speakers were very knowledgeable and good in explaining the upcoming changes in LNG."
"Gave a better understanding about spot markets."
"Everything was good for me, because I am an electrical engineer and I do not have that much information about LNG, Natural Gas. I learn a lot from this workshop."
"Well organized course, which covers all aspects of LNG industry. I will definitely recommend this course for everyone, who wants to have a better understanding on LNG."