Course description
International Gas Markets & Economic Evaluation of Gas Projects (Public & Virtual)
This 5-Day course covers the dynamics of the gas industry. The gas market section provides general industry overview, nature of natural gas, the global market place, estimating gas reserves, petroleum resources management system, development and economics of shale gas and impact of shale gas on LNG market.
The second part provides setup of economic analysis cases, including the estimation commodity prices, project costs CAPEX, OPEX, taxes, royalties, transportation, depreciation, before-tax (BTAX) cash-flow, after-tax (ATAX) cash-flow, international fiscal regimes (production sharing agreement and concessionary system). The course starts from the basic required parameters of inflation, interest and time value of money. These concepts are then transformed into profitability indicators. Last but not the least, the profitability indicators are then used to make investment decisions.
Upcoming start dates
Suitability - Who should attend?
Who should attend
- Facilities and Planning engineers
- Project and procurement personnel
- Oil & gas engineers
- Geologists
- Analysts
- Commercial managers
- Economists
- Government officials
- Business advisors
- Asset managers
- E&P managers
- Product and business development personnel
Outcome / Qualification etc.
On completion of this course you will be able to fully understand the Investment Evaluation:
- Understand the dynamics of gas market
- Learn how to reduce exposure and mitigate risks in projects and handling uncertainty
- Clarify concepts such as: time value of money, cash-flow models, capital budgeting, IRR, NPV
- Maximize the return on investments by good decision making processes based on the commercial viability of projects
- Improve your decision process, investment and opportunity analysis
- Practice the hands on experience in building your own economic evaluation models and solving case study based examples
Course delivery details
All London Petro Academy courses are available face to face classroom style as well as virtually.
They are also available In-House and can be tailored to your company's specific requirements.
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London Petro Academy Limited
Worldwide Leading Oil & Gas & Renewable Energy Training Provider headquartered in London, we have been operating all over the world providing world-class training courses for oil and gas and renewable energy professionals. London Petro Academy covers the entire Oil...