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LNG Contracting Essentials

Curriculum

  • 5 Sections
  • 15 Lessons
  • 5 Days
Expand all sectionsCollapse all sections
  • Module 1: LNG Value Chain & Market Fundamentals
    3
    • 1.1
      Overview of LNG production, liquefaction, transportation, and regasification
    • 1.2
      Global LNG supply–demand dynamics and emerging market trends
    • 1.3
      Technical and operational features influencing contractual structures
  • Module 2: LNG Sales & Purchase Agreements (SPAs)
    3
    • 2.1
      Core components of long-term and short-term LNG SPAs
    • 2.2
      Delivery terms, volume commitments, seasonal flexibility, and scheduling
    • 2.3
      Key commercial clauses: take-or-pay, force majeure, liability, and performance standards
  • Module 3: Pricing, Indexation & Commercial Mechanisms
    3
    • 3.1
      LNG pricing formulas: oil-linked, gas-hub-linked, hybrid, and spot-indexed structures
    • 3.2
      Price review clauses, reopening mechanisms, and market adaptation
    • 3.3
      Cost components, netback pricing concepts, and value allocation
  • Module 4: LNG Shipping, Logistics & Operational Contracts
    3
    • 4.1
      Charter party agreements, shipping obligations, and marine risk management
    • 4.2
      LNG vessel types, operational requirements, and shipping cost drivers
    • 4.3
      Coordination between liquefaction, shipping, and regasification schedules
  • Module 5: Contract Risk Management, Negotiation & Governance
    3
    • 5.1
      Identifying and managing commercial and legal risks in LNG transactions
    • 5.2
      Negotiation strategies for LNG buyers and sellers in changing market environments
    • 5.3
      Governance frameworks, contract administration, and dispute-prevention practices
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