HOME
 

Fundamentals of Gas Storage

Mennta Energy Solutions
Course summary
1 day
805 GBP
English
London
Next available date: 23/04/2020 09:00 - London
Open / Scheduled

Course description

This one-day course provides an overview of hydrocarbon gas storage, including natural gas, LNG, natural gas liquids, LPG, propane and butane.  Delegates will learn about the different types of storage (underground, above ground, pressure and cryogenic) storage requirements, the markets for the various gases, regional supply and demand balances and global trends.  We will also review the major storage operators, key storage hubs and storage market trends.

Suitability

Class delegates include people who are new to natural gas and LPG markets, or to commercial storage operating companies.  The course also appeals to non-technical staff who wish to learn more about gas storage, including support staff, analysts and management in the areas of supply, operations, trading, marketing, risk management, finance, contracts and IT.

Content

Overview of Petroleum Gases

  • What are natural gas, LNG, NGL and LPG?
  • Markets for natural gas and petroleum gases
  • Key physical properties of petroleum gases
  • Units of volume, pressure and temperature
  • Gas storage mass calculations

Overview of Storage Methods

  • Overground tanks for LPG and LNG
  • Underground storage of LPG
  • Underground storage of natural gas
  • Potential gas storage problems and hazards

Use of Storage

  • Demand variation in natural gas and LPG
  • Seasonal and flexibility storage
  • Sources of flexibility in natural gas
  • Trading markets for pipeline natural gas
  • Trading markets for LNG and LPG
  • Strategic and compulsory storage for gases

Operation of Commercial Gas Storage

  • Rental of LPG tank volume; contract arrangements
  • Arrangements for access to LNG terminal storage
  • Access to underground natural gas storage

Storage Market Fundamentals

  • History and geography of the gas storage business
  • Profiles of major independent storage operating companies
  • Key gas storage locations and market hubs in North America, Europe and Asia
  • Storage market trends and challenges
  • Outlook for LNG and LPG markets and how this might impact storage

Storage Economics

  • Marketing of commercial gas storage and sources of value
  • Storage valuation
  • Trading strategies for storage
  • Storage accounting
  • Inventory hedging

About provider

Mennta Energy Solutions, formerly The Oxford Princeton Programme, addresses the knowledge gaps of energy professionals throughout the world with innovative and proven training techniques – instructor-led and online. The effectiveness of the training can be measured by the over 100,000...


Read more and show all courses with this provider

Request info

Fill out your details to find out more about Fundamentals of Gas Storage.

  Contact the provider

  Get more information

  Register your interest

Contact info

Mennta Energy Solutions

Oxford

 Show phone number
www.mennta.com


Request information

Find out more about this Fundamentals of Gas Storage course - simply fill out your details:

 
U.K. L&D Report: 2018 - Benchmark Your Workplace Learning Strategy

Are you curious about the L&D strategies of some of the U.K.'s top companies?

Find out what they're up to in findcourses.co.uk's second annual U.K. L&D Report!

uk-ld-report-2019

Learn more

 
Find a course for you!

  Read the course
 summary on this page

 Fill in your details and Request information

 Receive all the info you need

 
Find more courses here