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Audio version brochure
LNG302-1
1 Week Training Program

Advanced Administering & Managing LNG Contracts (GSPAs)

Building Skills & Competencies in

  1. Contract Administration Processes
  2. Early Warning System for Risks or Problems
  3. Monitoring Problems & Enabling Mitigation
  4. Implementing a LNG GSPA Contract Administration Knowledge System
www.eurotraining.com/bro/lng302-1.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 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.
  2. 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.

Who Should Attend

  1. This Advanced LNG Contracts Administration & Management program is intended for LNG Contract and Marketing Professionals.
  2. This program will also benefit LNG and Gas Professionals from: Contracts, Legal, Accounting, Metering, Finance and Audit.

Program Content & Modules

Advanced Administering & Managing LNG Contracts (GSPAs)


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