Gas Industry & Market Fundamentals
WhenMar 04, 2014
from 09:00 AM to 05:00 PM
Build on your understanding of how the Australian gas industry is structured, regulated, priced, traded & commercialised & your confidence with discussing key technical aspects of gas & its associated industry jargon.
Key Learning Outcomes, Review technical components of the gas supply chain _ how its formed, found and produced, Examine the upstream, gas transportation and downstream gas business structures, Industry overview _ sector activities and intra/inter sector relationships, Discover the foundations of the Australian gas market and the gas commercialisation process, Review the analytical tools used by the industry to make investment decisions, Examine strategic and commercial drivers for major gas market participants, Consider the future of the Australian gas market and observe trends, Discuss gas industry legislation, regulation and the relevant agencies affecting the value chain Review the main contracts used in the gas industry and fundamental contract issues, Tips for negotiating key commercial terms and the legal traps to watch out for.
About the Course
This course will provide participants with a fundamental grounding in the Australian gas industry, covering the key technical, commercial and contract aspects of the industry. The course begins with a short review of upstream activities including how natural gas (conventional and coal seam methane gas) is formed, how it is found and produced. A study of the gas transportation network will outline the movement of gas flows around the country, infrastructure capacities and constraints, and how gas is delivered to customers.
The commercial section provides an analysis of the East Australian gas market and explains the business strategies of major industry players. With an understanding of how the existing gas market works and the fundamental drivers for changes, future market outcomes will be examined.