Marine & Offshore · 5 Days · Public · Al-Khobraa certified · From USD 3,900
Overview
Liquefied Natural Gas (LNG), recognized as one of the cleanest fossil fuels, holds considerable promise as a commodity for global trade in the future. The significance of LNG agreements, which you, as industry experts, are entrusted to handle, cannot be overstated. They play a crucial role in safeguarding legal and commercial aspects and must encompass various elements, addressing commercial, technical, regulatory, and transportation industrial practices. Your expertise in these agreements facilitates expeditious deals, driving the industry forward.
Learning Objectives
Determine the LNG Shipping Industry Value Chain.
Understand LNG Terminal Types, Facility and infrastructure
Identify LNG Applicable Rules, Regulations, Codes and Standards
Recognise Key Components of the LNG Chain
Revise LNG Contracts: Fundamental’s elements
Demonstrate Elements in a Purchase and Sale Agreement
Practice Negotiation to resolve oil and gas disputes
Discuss International LNG Shipping Documentations
Differentiate LNG Supply and Demand Balance
Identify Global LNG Shipping Considerations
Value LNG and Domestic Gas Value Chains
Express Spot and Short-Term Markets
Understand Custody Transfer Requirements
Propose FSRU- The vital component in LNG
Measure FSRU CAPEX, OPEX and Chartering
Differentiate Between the demand for LNG transport & the supply of LNG transport
Demonstrate Geographic Distribute LNG molecule supply and demand
Assess Average freight rates by propulsion technologies
Discuss Example for the Calculation of the shipping price (Freight Rates)
Recognise LNG as a fuel and ship design configurations
State LNG trading route development Asia Pacific regions
Who Should Attend
This course is designed for lng commercial managers, lng project managers or engineers, maritime legal counsels or advisors, and other professionals seeking to strengthen their capability in this area.
LNG Commercial Managers
LNG Project Managers or Engineers
Maritime Legal Counsels or Advisors
Vessel Operation Managers
LNG Business Risk Managers
LNG Business Development Managers
LNG Contract Managers
LNG Sourcing / Purchasing Managers
Corporate Strategy Managers
LNG FSU Owners
Course Outline
Day 1 — Overview of LNG Business
What is LNG?
LNG Terminal Types, Facility and infrastructure
Introduction to LNG Business Best Practices
LNG Applicable Rules, Regulations, Codes and Standards
Day 2 — LNG Trading Legal System and Contractual Laws
LNG Contracts: Fundamental’s elements
Elements in a Purchase and Sale Agreement
Challenges in LNG Contracts
Remedies for breach of contract
Day 3 — LNG as A Commercial, Domestic Fuel Source for Industry
LNG Supply and Demand Balance
LNG and Domestic Gas Value Chains
Structuring an LNG Project
Oil Indexed Price Formula
Day 4 — LNG Flow Measurement, Custody Transfer & FSRU Operation
Custody Transfer Requirements
Applications of Flowmeters
Proving Systems (Direct, Indirect, Master Meter, Volume, Displacement)
Flow Computers and Communication
Day 5 — Methodology to Estimate Medium-Term LNG Freight Rates
The Difference Between the demand for LNG transport & the supply of LNG transport
Geographic Distribute LNG molecule supply and demand
Average freight rates by propulsion technologies
Calculation of shipping demand and Supply
Accreditation
Al-Khobraa certified. On completion delegates receive an Al-Khobraa certificate of achievement.
What do Al-Khobraa marine and offshore courses cover?
The portfolio covers offshore safety and survival, marine and vessel operations, dynamic positioning, port and terminal operations, marine cargo handling, offshore installation and rig operations, and marine inspection and maintenance — aligned with international maritime standards.
Who should attend a marine or offshore course?
These courses suit marine and offshore engineers, vessel and rig crews, port and terminal operations staff, marine superintendents and surveyors, offshore HSE personnel, and logistics or contractor teams supporting offshore installations.
How long are marine and offshore courses, and where are they held?
Most Al-Khobraa marine and offshore courses run over 5 days. The exact duration, dates and city for this course are listed in the dates section on this page. Public sessions run across Saudi Arabia — Riyadh, Jeddah, Al-Khobar, Jubail and Yanbu — as well as regional and international venues, with live virtual classrooms available on request.
What certificate will I receive?
Delegates who complete the course receive an Al-Khobraa certificate of completion, issued by a Saudi-registered training provider. Al-Khobraa also delivers internationally accredited programmes; where a course carries an external awarding body such as PMI, CIPS, ILM or IOSH, that body is named on the course's own page.
Can marine and offshore training be delivered in-house for our team?
Yes. Any Al-Khobraa marine and offshore course can be delivered in-house at your own premises anywhere in Saudi Arabia or the GCC, with the content, dates and language of delivery tailored to your team. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support. Contact us for a quotation.