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LNG301-1
1 Week Training Program

Long Term Natural Sale Purchase Agreement (GSPA) Administration Skills

Building Skills & Competencies in

  1. Allocation of Risks on GSPAs between the Parties
  2. GSPA Essential Contractual Communications & Submittals
  3. Resolving Disputes & Different Interpretations
  4. Building a GSPA Knowledge System to Assist Effectiveness & Efficiency
www.eurotraining.com/bro/lng301-1.php

1 Week Training Programs

London
20-24 May 2024
New York
3-7 June 2024
Seattle, USA
17-21 June 2024
New Delhi
1-5 July 2024
Kualalumpur
15-19 July 2024
New Delhi
29 July - 2 Aug 2024
London
12-16 Aug 2024
New York
26-30 Aug 2024
Seattle
9-13 Sept 2024
Istanbul
23-27 Sept 2024
New Delhi
7-11 Oct 2024
Kualalumpur
21-25 Oct 2024
New Delhi
4-8 Nov 2024
London
18-22 Nov 2024
New York
2-6 Dec 2024
Seattle, USA
16-20 Dec 2024
London
30 Dec 2024- 3 Jan 2025
Dubai
6-10 Jan 2025
Kualalumpur
20-24 Jan 2025
Dubai
3-7 Feb 2025
London
17-21 Feb 2025
New York
2-6 March 2025
Seattle, USA
16-20 March 2025
Istanbul
30 March-3 April 2025
New York
13-17 April 2025
Dubai
27 April-1 May 2025
Kualalumpur
11-15 May 2025
London
25-29 May 2025




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What is covered in this Program?

  1. This Training builds Knowledge and Skills for Administering Long Term Natural Gas Sale Purchase Agreement (GSPA). As Investment in Natural Gas facilities is capital intensive, a prerequisite from funding agencies is to have a firm long term Natural Gas Sale and Purchase Agreement GSPA with some bulk user, or market player, or client for a major part of the production. This Program will also discuss the Needs and Requirements imposed on GSPAs by the relevant regulatory authority.
    These SPAs are typically made for periods up to 30 years to help see a clear path to the recovery of the investments.
  2. GSPAs are very complex and include conditions relating to the many risks inherent in this business.
    This Program will discuss the significant risks and provisions in contracts and the way they are allocated between the parties in the contracts. This program will discuss for each contract provision the risk events that may occur, notices to be given, essential other communications and record keeping, and other actions to mitigate any delay or damage. The program will also provide the knowhow to analyze and resolve any disputes and disagreements that may arise.
    This program will provide the participant the framework to build an Organizational Natural Gas Sale Purchase Agreement SPA Knowledgebase to help improve Effectiveness and Productivity in the Contracting Process. This Knowledgebase is also an Important Tool for Competency Development in Organizational SPA professionals.

Who Should Attend?

  1. This program is intended for GSPA Contract Professionals, Contract Negotiation Teams, Gas Marketing and Business Development Professionals and Managers.
  2. This program is also intended for GSPA Stakeholder Legal, Accounting, Finance and Operational Audit Professionals.

Program Content & Modules

Long Term Natural Gas Sale Purchase Agreement (GSPA) Administration Skills


  1. Big Picture Business Aspects of Natural Gas Sale and Purchase Agreements (SPAs)
  2. Regulators and Lending Agencies Requirements & Expectations
  3. Quick Review of Natural Gas Technology for GSPA Contract Professionals
  4. Natural Gas Purchaser Needs and Expectations
  5. Natural Gas Purchaser Economics and Alternatives
  6. SPA Risks, Mitigation Possibilities and Related Costs
  7. Understanding the GSPA Provisions
  8. Key Definitions
  9. Period of Agreement
  10. Supply Commissioning Date Determination
  11. Scope of Agreement for Sale and Purchase
  12. Warranties, Covenants and Taxes
  13. Sellers’ Rights including Commingling and Unitization
  14. Contracted Quantities and Nominations
  15. Natural Gas Handling Facilities (Both Parties)
  16. Seamless Exchange of Information
  17. Take or Pay Provisions
  18. Price, Price Formulas, Price Review and Adjustment due Supply Variations
  19. Procedure for Billing and Payment
  20. Quality of Spec Gas and Off Spec Gas
  21. Agreed Delivery Point and Alternate Points
  22. Agreed Gas Pipeline Pressure
  23. Gas Quantity Measurement, Calculations and Custody Transfer Provisions
  24. Rights & Responsibilities on Force Majeure
  25. Contract Major Breach, On Default by One Party
  26. Type & Process of Allowed Assignment and Security Interests
  27. Governing Law and Dispute Resolution Provisions
  28. Security and Credit Cover
  29. Nature of Legal Relationship and Sellers Coordinator
  30. Immunity Provided by the Parties to Each Other
  31. Disclosure of Sellers’ Petroleum Rights
  32. Disclosure of Sellers’ Percentages and Sellers’ Interest
  33. Disclosure of Sellers’ Agreements
  34. Disclosure of List of Charges on Sellers’ Petroleum Rights
  35. Specification of Gas to be provided
  36. Parent Corporate Guarantee
  37. Bank Guarantee to Assure Performance
  38. Letter of Credit Requirements
  39. Delivery Point Descriptions
  40. Form of Buyers Consent
  41. Contract Administration Requirements for each of the above GSPA Provisions
  42. Calculating monthly payments for Natural Gas Supplied
  43. Process when Changes in governing laws and regulations
  44. Process when Project Implementation delays by supplier or the buyer
  45. Process when Natural Gas supplied is not meeting specifications
  46. Process when Equipment failure
  47. Process when Supply disruptions outside the control of the parties
  48. Process when Natural Gas demand-changes
  49. Process when Weather caused decrease or increase in demand
  50. Process when Technical problems at supplier or buyer
  51. Process when Bad weather or force majeure events
  52. Process when Legal or illegal disruption by third parties
  53. Process when Market disruption or changes caused delay in payment by buyer
  54. Process for Administering Tax changes
  55. Process when Administering Bankruptcy of a party
  56. Delivery infrastructure Development & Maintenance
  57. Re-Negotiation Provisions
  58. Detailed Administering of Key notice requirements in GSPAs
  59. Detailed Administering of Take or pay Arrangement
  60. Detailed Administering of Lifting schedule
  61. Detailed Administering of Measuring, Metering adjustments and reconciliation
  62. Facility Inspection - Safety & Contract Compliance
  63. Resolution of disputes and disagreements
  64. Program Recommendations
  65. Outline Natural Gas Sale Purchase Agreement (GSPA) Improvement Action Plan

1 Week Training Program

Outcomes & Takeaways

Outcomes and Takeaways Overview
  1. Knowhow and Technology Transfer to the Participants. Building relevant Understanding, Competencies & Process Knowledge.
  2. Multi-discipline understanding of Program Topics.
    Means that post program when participant takes decisions, related to his work, participant will automatically and subconsciously consider and take into account (as applicable) Internal & External Customer Needs and Expectations, Operational & Strategic Objectives, Regulatory Aspects, Industry Standards, Technology Options, Understand Helpful Modern Tools and Methods, Understand Risks, Actions for Increasing Productivity, Legal & Contractual Aspects, Intellectual Property Aspects, Safety, Security, Audit, Cost Benefit Aspects, Value Engineering Opportunities, Key Performance Indicators, Meaningful Performance Evaluation System, and, Data Analytic Opportunities.
    This type of understanding and habit otherwise develops after years of rich and diverse work experience. (few get this opportunity)
  3. Knowledge Framework outline which will enable the participant to understand and learn the right lessons from his own past, present and future on-the-job experience.
  4. Training that will empower the participant to identify, support and implement improvements in his work area, team, section, department, and organization.
This 1 Week Training Program participant will typically take away...
  1. Program related knowhow, skills, competencies and process knowledge.
    This program will use case studies and benchmarked Good and Best Practices to enhance participant understanding and competencies.
  2. Domain Knowledge and process knowledge.
    The participant will become empowered and should become more Productive, Effective, Efficient, Customer Focused and Strategic Focused.
    At the end of the program, the Participant will prepare a Customized Outline Action Plan which will serve as the roadmap to implement some key improvements in his work area.

Benefits to the Organization Sponsoring Participants to this program

(Benefits made possible by Euro Training's unique, multidiscipline, customer focused, strategic focused, easy to understand and apply training methodology that relies on Industry Good and Best Benchmarked Practices)

Participant Individual Career Benefits

  1. First, and most important benefit, is the positive self-esteem that will come from being able to do your work right first time and meet internal and external customer expectations.
  2. Second, the Program developed Understanding, Skills & Competencies will help you successfully present your professional and Team skills at Job Interviews and Internal Performance Evaluation Reviews.
  3. You gain a clear direction for analyzing, proposing and implementing improvements in his work area.
    The outline action plan you prepare and take away after the program will help you take improvement initiatives and make a positive difference in your performance on the job, team, business unit or organization. This difference after implementation and when added to your resume will make you a prime candidate for career advancement in your own organization or in your next job.
  4. Post program when you take decisions related to your work processes you will automatically consider (as applicable): Internal & External Customer Needs and Expectations, Technology Options, Helpful Tools and Methods, Consider Risks, Mitigate Risks, Take Actions that Increasing Productivity, Consider Legal & Contractual Aspects, Consider Intellectual Property Aspects, Pay attention to Safety and Security, Consider future Audit, Weigh Cost Benefit between options, Be Mindful of Key Performance Indicators (KPIs), Consider how Performance will be evaluated, and, Consider need for and Opportunity to Develop a Decision Support Knowledge Base, .... (and possibly more multi-discipline aspects).

Registration Form

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Registration & Fee Information

  1. Fee information is also available at:   PROGRAM-FEE-PAGE   Special Discounts May be Available Please email scholarships@eurotraining.com.
  2. To register please send us an official letter confirming registration (on organizational letterhead), or, send us a completed registration form above. http://www.eurotraining.com/etl-reg-1w.doc .
  3. Fees are Payable by Bank Transfer or Bank Draft.
    • Program Fee is

      (1) 1 Week (5 day/30 hrs) Training Program: At Dubai, Kuwait, New Delhi, Qatar £4,315 (USD $5,500) per participant.

      (2) At London, US Locations, Europe, Malaysia, Singapore £4,747 (USD $6,050) per participant.

      (3) Online eTraining Fee is £2,000 (USD $2,500) per participant.
    Fee includes Course Materials, Certificate, Refreshments and Lunch (classroom programs).
  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 same program at another location or date.
  7. All participants are required to fill in Participant Information form and Program Related Questionnaire - on first day of the program.
  8. Each program Undergoes Customization to Better Meet Participant Present and Future Jon and Career Needs. Please be prepared to let the Instructor/s know about your organization's Special Needs, Interests or Initiatives.
  9. 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.
  10. Provisional Registration : You can make a provisional registration request by sending us an email with an official email account. Provisionsl registration request will ensure we will reserve a seat for you for 14 days. After this you have 2 weeks to send us an official registration request. Provisional registration is automatically cancelled at the earlier of (1) 2 weeks after Provisional Registration Confirmation if registration is not reconfirmed from your side (2) Two weeks before start of the program. We do request you to inform us ASAP you have decided either way.

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