Introduction to LNG - October 2025

Learning objectives

This course provides an introduction to the technology and economics of the global LNG industry. By the end of the course participants will appreciate the core technologies underpinning the LNG industry in Liquefaction, Shipping and Regasification. They will also have an understanding of global LNG markets, of the contracts that form the basis for much of the world’s LNG trade, of the economics of LNG production and sale and of recent trends in the industry.

Course overview

• Overview of the LNG industry
  • What is LNG
  • Introduction to the Industry – history and evolution of the LNG industry
  • Major players
  • Major projects
  • Recent developments - the value chain (traditional LNG) and the cost chain  (USLNG)
  • LNG Industry Today - Challenges and Opportunities in LNG

• The LNG value chain — Liquefaction, Shipping and Regasification
  • Liquefaction
    • The process of Liquefaction – technology providers
    • Location of major Liquefaction facilities
  • Shipping
    • LNG Tankers – Design and operation
    • LNG bunkers
  • Regasification
    • Onshore versus Offshore regasification

• Floating LNG and Small Scale LNG
  • Floating LNG – Risks, Challenges and Opportunities
  • Is small scale LNG viable?

• Introduction to LNG Economics and Markets
  • Overview of LNG Markets and Trade Flows
  • Commercial drivers – from both producer and buyer’s perspective
  • Risks and returns in each part of the chain Security of Supply
  • LNG contracts – long term SPA’s
  • Short term trading of LNG
  • Pricing of LNG in key markets
  • Niche/small markets
  • LNG regional pricing  today and trends

• The future of LNG

Who should attend?

The course is ideal for those new to the oil and gas industry or to the LNG sector.  It is suitable for candidates from a non technical background