Advanced Administering & Managing LNG Contracts (GSPAs)

This advanced program will help participants effectively Administer and Manage Gas and LNG SPAs such as to prevent avoidable liability and meet Organizational SPA Contract Objectives.

This program will discuss the unavoidable Problems, Risks and Disruptive events on SPAs and how buyers and sellers can protect themselves. This program will discuss the various Liability Reduction Methods.

This program will discuss Liability Impact reducing methods including Early Identification, Mitigation, Administration and Management.

This program will discuss the Good and Best Contract Administration and Management Practices.

In this program we will discuss in detail the methodology for calculating monthly invoice taking into account contract provisions or base price for amount lifted and the various possible adjustments.

This Advanced LNG Contracts Administration & Management program is intended for LNG Contract and Marketing Professionals.

This program will also benefit LNG and Gas Professionals from: Contracts, Legal, Accounting, Metering, Finance and Audit.

1. Advanced Administering & Managing LNG Contracts (GSPAs)
2. Business Aspects of LNG Selling & Purchase Agreements SPAs
3. LNG Sale Purchase Agreement SPA Terms and Conditions
4. Regulators and Lending Agencies Requirements & Expectations
5. LNG Technology for LNG Contract Professionals
6. LNG Purchaser Applications
7. LNG Purchaser Economics and Alternatives
8. Understanding the GSPA General Sale Purchase Agreement Conditions
9. Contract Administration on GSPA Agreements
10. Changes made or requested by one party
11. Disagreements on interpretations
12. Disputes
13. Change in scheduled liftings
14. Agreed loaded quantities
15. Change in scheduled maintenance
16. Unscheduled maintenance
17. Accidents
18. Loading delays
19. Off Spec Gas or LNG load
20. Contract mentioned rates and indices are no longer available
21. Approvals and conditions precedent for first commercial delivery
22. Adjusted Annual Contract ACQ Calculations
23. Scheduled maintenance
24. Loading Facility Inspection caused cancellation of Loading
25. Loading facility compatibility
26. LNG tanker inspection
27. Loading, scheduling and operations changes to annual delivery program
28. Force majeure affecting LNG tanker or discharge terminal
29. Invoicing and payment
30. Disputed invoice
31. Delay in payment
32. Audit rights
33. New taxes and refunds
34. LNG or Gas quality specifications
35. Testing Off-specification LNG
36. Measurements, testing and verifications
37. Force majeure
38. Insurance
39. Indemnification safety violations
40. Termination due to Default
41. Dispute resolution assignments
42. Change of ownership through Merger, Consolidation, Acquisition, Financing
43. Notices
44. Proof of compliance with laws
45. Records audit.
46. Detailed methodology for calculating monthly invoice
    
    (1) Take or Pay TOP,
    (2) Price adjustment for change in price index,
    (3) Metering records,
    (4) Monthly quantity nominations,
    (5) Adjusted annual contract quantity ACQ,
    (6) Compensation for non-specification LNG etc.
47. Program Recommendations & Next Steps
48. Participant's Individualized Action Plan

Program General Methodology

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Team Nominations :

Single Nominations will also be accepted for the program.

1. To register: Please send us an official letter confirming registration (on organizational letterhead). And send us a completed registration form –electronically fill-able is at- available at http://www.eurotraining.com/etl-reg.php You can request or registration form by Emailing regn@eurotraining.com and eurotraining@gmail.com
2. For Program Fee Information Email: fees@eurotraining.com . Fees are Payable by Bank Transfer or Bank Draft. Fee information is available at: http://www.eurotraining.com/fees.php .
3. Program Fee is
   • 1 week (5 day/30 hrs) Training Program:
     At Dubai, Kuwait, New Delhi, Qatar £4,315 (USD $5,500) per participant.
     At London, US Locations, Europe, Malaysia, Singapore £4,747 (USD $6,050) per participant.
     Online eTraining Fee £2,000 (USD $2,500) per participant.
   • 6 day (36 hrs) Training Program (includes 1 day workshop): At Dubai, Kuwait, New Delhi, Qatar £5,100 (USD $6,500) per participant.
     At London, US Locations, Europe, Malaysia, Singapore £5,610 (USD $7,150) per participant.
     Online eTraining Fee £2,500 (USD $3,125) per participant.
   • 2 week (60 hrs) Training Workshop (includes 1 week workshop):
     At Dubai, Kuwait, New Delhi, Qatar £6,990 (USD $8,900) per participant.
     At London, US Locations, Europe, Malaysia, Singapore £7,689 (USD $9,790) per participant.
     Online eTraining Fee £3,500 (USD $4,375) per participant.
   • 3 week (90 hrs) Advanced Training Program (includes 1 week training + 1 week workshop + 1 week advanced training) (if available):
     At Dubai, Kuwait, New Delhi, Qatar £10,840 (USD $13,800) per participant.
     At London, US Locations, Europe, Malaysia, Singapore £11,924 (USD $15,180) per participant.
     Online eTraining Fee £5,000 (USD $6,250) per participant.
   • 4 week (120 hrs) Professional Certification Training Workshop (includes 1 week training + 1 week workshop + 1 week advanced training + 1 week domain professional skills)(if available):
     At Dubai, Kuwait, New Delhi, Qatar £13,990 (USD $17,800) per participant.
     At London, US Locations, Europe, Malaysia, Singapore £15,389 (USD $19,580) per participant.
     Online eTraining Fee £6,000 (USD $7,5000) per participant.
   and includes Course Materials, Certificate, Refreshments and Lunch (classroom programs). www.eurotraining.com/admin/fees.php)
4. Accommodation is not included in Program fee. Special rates will be available at venue hotel for the class room training program participants.
5. Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
6. Refund will not be considered where the participants cancels his registration less than 3 weeks before start of the program. Alternate nominations will be allowed anytime before program start. In case of exceptional hardship or emergency participant may be allowed to attend at another location.
7. All participants are required to fill in Participant Information form - on first day of the program. Each program Undergoes Customization to Better Meet Participant Present and Future Career Needs. Please be prepared to let the Instructor/s know about your organization's Special Needs, Interests or Initiatives.
8. It is always useful for participants to bring their existing problems or case studies, work-process flow charts or job related problems for discussion - consideration will be at sole discretion of the program director/s.
9. Provisional Registration : You can make a provisional registration by sending us an email – an official registration request can be made within 2 weeks. This will ensure we will reserve a seat. If The official registration request is not received within 2 weeks or at least 2 weeks before program start this provisional registration is automatically cancelled – we do request you to infrom us asap you have decided either way. All provisional registrations automatically cancel 2 weeks before program start.
10. Information required for Provisional Registration: Program Title, Location, Dates, Your Organization Name, Your Email Address, Your FAX No and your Mobile Number.