The Global LNG Market Analysis and Commercial Compliance Audit Training Course is a program being offered through Imperial Corporate Training Institute that aims to provide industry professionals with an understanding of a majority of the world’s liquefied natural gas (LNG) markets, including information on how they price their products, analyze demand and sell LNG commercially. The course covers several key areas regarding the LNG marketplace and regulation as well as the commercial structures used for conducting business in the LNG industry. Participants will gain valuable insight into how to assess LNG price trends and how to evaluate worldwide LNG demand in addition to how to conduct audits of commercial and regulatory contracts associated with LNG transactions.
The course will also focus on how to conduct thorough and effective commercial compliance audit reviews and evaluations of companies that operate in the LNG space using a global standard approach to auditing commercial transactions. Finally, participants will learn how to utilize market-related data to assist companies with making well-informed business decisions, optimizing their commercial processes, and minimizing risk from both a financial and operational perspective in regard to conducting business within the fast changing liquefied natural gas industry.
Objectives
By the end of this course, participants will be able to:
- Recognise how worldwide trends in liquefied natural gas (LNG) prices affect the LNG pricing strategy for your own company.
- Conduct thorough demand analysis to provide the customer with information about future demand in order to assist in making supply chain and trading decisions for the organisation.
- Utilise commercial governance principles when evaluating and auditing agreements to purchase and sell LNG.
- Develop successful procurement and sales strategies for purchasing LNG in compliance with all applicable regulations.
- Identify potential risks in purchasing LNG as well as ensuring compliance with international commercial standards when selling LNG.
- Conduct in-depth audits of commercial compliance to protect the interests of the organisation.
Target Audience
This course is ideal for:
- LNG traders and commercial analysts.
- Oil and gas project managers and executives.
- Procurement and supply chain professionals in the energy sector.
- Risk management and compliance officers in oil and gas companies.
- Professionals seeking to enhance knowledge of LNG market dynamics and commercial governance.