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Commercial & Legal Aspects of Natural Gas

Curriculum

  • 5 Sections
  • 15 Lessons
  • 5 Days
Expand all sectionsCollapse all sections
  • Module 1: Natural Gas Markets, Structures & Regulatory Frameworks
    3
    • 1.1
      Global natural gas market structures, liberalisation models, and market behaviour
    • 1.2
      Regulatory foundations: licensing, tariffs, reporting, and compliance obligations
    • 1.3
      Key actors in the gas value chain and their commercial roles
  • Module 2: Gas Sales Contracts, Pricing & Commercial Mechanisms
    3
    • 2.1
      Long-term vs. short-term gas sales and trading arrangements
    • 2.2
      Pricing structures: oil indexation, hub pricing, formula-based approaches, and escalation
    • 2.3
      Volume commitments, delivery obligations, flexibility mechanisms, and take-or-pay provisions
  • Module 3: Transportation, Access, LNG & Midstream Agreements
    3
    • 3.1
      Pipeline transportation agreements, capacity booking, and third-party access
    • 3.2
      LNG commercial structures: tolling models, FOB/DES sales, and cargo flexibility
    • 3.3
      Balancing rules, nominations, storage, and system-operator interactions
  • Module 4: Legal Considerations, Compliance & Contract Risk
    3
    • 4.1
      Contract enforceability, liabilities, indemnities, and limitation clauses
    • 4.2
      Force majeure, change-in-law, warranties, and regulatory obligations
    • 4.3
      Environmental, safety, and cross-border compliance requirements
  • Module 5: Negotiation, Dispute Resolution & Commercial Risk Management
    3
    • 5.1
      Negotiation strategies and commercial levers for gas contracts
    • 5.2
      Arbitration, litigation, and sector-specific dispute-resolution frameworks
    • 5.3
      Managing commercial risks, performance monitoring, and contract optimisation
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