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LNG402-1

1 Week Training Program

Advanced LNG Commercial Management Skills

Building Skills in

  1. Managing Gas & LNG SPAs & Terminal Contracts

  2. Risk Management & Mitigation Plans

  3. Customer Coordination & Fulfillment

  4. LNG Commercial Management Key Performance Indicators & KPI Monitoring

www.eurotraining.com/bro/lng402-1.php

1 Week Training Programs

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


Useful Links


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Program Objectives


Provide Skills for:
  1. Master LNG Contract Administration and Management. Develop advanced skills to effectively manage contracts with natural gas suppliers, LNG purchasers, and terminal operators while safeguarding organizational interests.
  2. Enhance Strategic Planning and Relationship Building. Learn to create and execute strategies that maximize value and foster strong, long-term relationships with stakeholders in the LNG supply chain. Understand Global and Regional LNG Market Dynamics. Gain insights into the current global and regional LNG markets, including key trends, risks, and value creation opportunities for stakeholders.

Analyze and Interpret Key Contract Conditions. Understand critical contract conditions, including their legal interpretations and strategic implications over extended timeframes of up to 30 years.

  1. Foster Collaboration Across LNG Supply Chain Stakeholders. Explore methodologies for building and maintaining strong relationships with suppliers, purchasers, terminal operators, and other stakeholders to enhance collaboration and reduce conflicts. Address Risks and Value Creation Opportunities. Learn to identify, evaluate, and mitigate risks while exploring opportunities for creating value throughout the LNG supply chain.
  2. Utilize Improvement Methodologies for Business Processes. Introduce participants to tools and methodologies for capturing, analyzing, and implementing improvements in commercial management, operations, and business processes.

Support Organizational Excellence in Commercial Management. Equip participants with the skills and knowledge to align commercial management practices with organizational goals and industry best practices.

Who should Attend?


  1. This advanced program is intended for LNG commercial managers and aspiring LNG commercial managers.
  2. Others who would benefit include LNG professionals, managers, stakeholders and LNG it data analysts. This program is an essential program to attend for any professional being considered for promotion as assistant Commercial manager or as Commercial Manager.
  3. Program Content & Modules
  4. Advanced LNG Commercial Management Skills
  5. LNG Business Environment
  6. LNG Business Stakeholders & their Expectations
  7. LNG Commercial Processes
  8. LNG Commercial Managers Responsibilities
  9. How to identify meaningful key performance indicators KPIs.
  10. How to plan and specify more meaningful performance dashboards that provide Decision Support Insight
  11. Commercial management operational planning
  12. Long term planning
  13. Capacity building
  14. Making improvements
  15. Periodic strategic alignment projects for Commercial Managers
  16. Developing Strategies for LNG Commercial Operations
  17. Developing Strategies for Customer and Stakeholder Relationships
  18. Understanding LNG Business Risks
  19. Managing contracts with natural gas suppliers
  20. Managing Contracts with LNG purchasers
  21. Managing Contracts with Terminal operators.
  22. Strategizing understanding and negotiating Contract Conditions
  23. Base pricing delivered quantity adjustments.
  24. Price adjustment index
  25. Take or pay (TOP) provisions
  26. Minimum monthly or annual contract quantities.
  27. ACQ allowed adjustments.
  28. Compensation for non-spec gas
  29. LNG metering and custody transfer
  30. Ensuring Timely payments
  31. Interest on delay in payments
  32. Remedies on long delay in payment
  33. Serious non-performance related provisions
  34. Resolving Disputes between the various stakeholders
  35. Adequacy of berthing and Jetty facilities
  36. Current global and regional LNG market Challenges
  37. Value creation opportunities in LNG supply chain.
  38. Methods for commercial managers to build strong relationships with stakeholders
  39. Methodologies for capturing, analyzing and implementing improvement opportunities
  40. Program Recommendations
  41. Participant Customized Action Plan Outline

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)

  • Euro Training programs are different. They develop practical Job Skills.
    This program is designed to make the participant aware of the domain processes, multi-discipline skills and competencies related to his job responsibilities.
    Each program is customized and made useful for the particular participant group, our target is 90%+ topics directly applicable to the work today or in future.
    Benefits you may see in participant post program...
    • Inclination to Recognize his stakeholders, and their needs & expectations. He will also get understanding of how to analyze to find ways to exceed customer expectations and delight the customers.
    • High level Job skills & competencies
    • Taking Initiative to Propose Improvements in Work Responsibility Area.
  • Further, this program will Build Multi-Discipline Understanding, Skills and Competencies including (as relevant)...
    • Increased Technical and Process Knowhow
    • Awareness to the Need to align performance to the Needs and Expectations of Stakeholders/ Customers (internal & external)
    • Awareness of the Need to Align performance to Organizational Operational and Strategic Objectives.
    • Understanding Domain Good Management Practices, and, Awareness to meet Requirements and Recommendations of the Relevant Industry and Professional Standards.
    • Awareness to consider for possible application the Best Benchmarked Domain Practices that can assist making Dramatic Process Improvements.
  • Type of improvements the participant will be trained to analyze and implement include (as relevant) Productivity Improvements, Product and Service Differentiation and Exceeding Stakeholder & Customer Expectations.
  • Euro Training Instructors often act as mentors for participants (solely subject to instructor approval). Your participants can utilize this free service to ensure effective post program reinforcement and help when applying the ideas, skills and competencies acquired during the training.

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. GET MSWORD REGISTRATION FORM .
  3. Fees are Payable by Bank Transfer or Bank Draft.
    • Program Fee for 1 Week (5 day/30 hrs) Training Program is:

      (1) 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) If Attending Online Training 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 may be available at venue hotel for participants.
  5. A Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
  6. Cancellation & Date Change: No Fee Refund if participant cancels his registration less than 3 weeks before start of the program. Alternate nominations may be allowed if requested atleast 2 weeks before program start. In case of exceptional hardship or emergency participant may be allowed to attend same program at another location or date on payment of 10% of fee.
  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 Job 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 using an official email account. Provisionsl registration request, when confirmed by Euro Training, will reserve a seat for you for 14 days. After our Confirmation 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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