Improving the Economics of Small-Scale Liquefied Natural Gas Projects

A senior-level treatment of small-scale LNG economics, focused on what changes outcomes.

📍 Tunis🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points

Course Overview

Price volatility does not excuse weak discipline in small-scale LNG economics — it punishes it. Regulators and insurers increasingly want documented evidence of how this area of energy and hydrocarbon operations is controlled. Field experience suggests that the barrier to better the wider energy and hydrocarbon operations agenda is rarely technical. Progress on small-scale LNG economics is usually lost in the gap between approval and execution. Participants who influence this area of energy and hydrocarbon operations without directly controlling it will find the content directly usable. Participants gain a clear basis for measuring what this part of energy and hydrocarbon operations has actually achieved. Discussion is anchored to worked examples of small-scale LNG economics rather than to abstract argument. The course sets out a working method for the energy and hydrocarbon operations capability that participants can apply the week they return. Participants leave with a plan for this strand of energy and hydrocarbon operations sized to what their organisation can realistically absorb.

Expected Learning Outcomes

01

Structure contracts and service agreements covering small-scale LNG economics.

02

Plan the handover of small-scale LNG economics so that capability is not lost when key staff move on.

03

Integrate small-scale LNG economics with the wider process safety management system.

04

Verify that contractors working on small-scale LNG economics meet the same standard as direct staff.

05

Design a practical operating method for small-scale LNG economics that fits the organisation's size and maturity.

06

Capture and act on lessons from incidents and near misses involving small-scale LNG economics.

07

Sequence improvements to small-scale LNG economics so that each step makes the next one easier.

Who Should Attend

01

Business partners who must understand small-scale LNG economics well enough to challenge it.

02

Experienced practitioners formalising an approach to small-scale LNG economics that has grown up informally.

03

Consultants and service company personnel supporting clients on small-scale LNG economics.

04

Inspection and integrity engineers assessing small-scale LNG economics.

05

Graduate and newly assigned engineers taking responsibility for small-scale LNG economics.

06

Process safety and technical safety specialists reviewing small-scale LNG economics.

Course Modules

01

Small-scale LNG economics: technical fundamentals and operating envelope

2 sessions · 8 points

Session 1Building the investment case for small-scale LNG economics that finance will accept

  • Establish the alarm philosophy applying to small-scale LNG economics and remove nuisance alarms.
  • Check that records of small-scale LNG economics answer the questions likely to be asked.
  • Confirm contractor competence records for anyone working on small-scale LNG economics.
  • Plan the sequence in which improvements to small-scale LNG economics will be introduced.

Session 2Holding contractors on small-scale LNG economics to the standard you hold yourself

  • Check that management of change is applied to every modification of small-scale LNG economics.
  • Record the technical rationale for the chosen approach to small-scale LNG economics.
  • Agree what will be standardised in small-scale LNG economics and what will not.
  • Review the instrumentation on small-scale LNG economics for coverage gaps.
02

Small-scale LNG economics: economics, price exposure and investment case

2 sessions · 8 points

Session 1Reviewing small-scale LNG economics when nothing has gone wrong

  • Check that the permit regime covering small-scale LNG economics matches the actual hazard.
  • Write down the assumptions underpinning the approach to small-scale LNG economics.
  • Distinguish symptoms from causes when small-scale LNG economics underperforms.
  • Estimate the resource small-scale LNG economics requires to run as designed.

Session 2Comparing small-scale LNG economics with recognised practice

  • Rehearse the briefing on small-scale LNG economics that would follow an incident.
  • Assess the emissions and discharge attributable to small-scale LNG economics.
  • Check that small-scale LNG economics still works when volumes rise unexpectedly.
  • Establish who is informed, consulted and accountable in small-scale LNG economics.
03

Small-scale LNG economics: contracts, contractors and service delivery

2 sessions · 8 points

Session 1The permit and isolation regime that small-scale LNG economics actually requires

  • Confirm that contractual obligations around small-scale LNG economics are understood.
  • Verify emergency response arrangements cover the scenarios small-scale LNG economics can create.
  • Reduce the variation in how small-scale LNG economics is carried out between teams.
  • Identify the failure modes of small-scale LNG economics with the highest consequence.

Session 2The operating limits on small-scale LNG economics and what happens beyond them

  • Identify the data already collected that bears on small-scale LNG economics.
  • Record what was learned when small-scale LNG economics did not go as planned.
  • Confirm handover documentation for small-scale LNG economics is complete and current.
  • Set escalation thresholds for small-scale LNG economics that work out of hours.
04

Small-scale LNG economics: competence, certification and handover

2 sessions · 8 points

Session 1Competence and handover on small-scale LNG economics when experienced staff leave

  • Build the competence framework that supports small-scale LNG economics.
  • Set the trigger for a life-extension versus replacement study on small-scale LNG economics.
  • Define the safe operating envelope for small-scale LNG economics and how deviations are detected.
  • Model the economics of small-scale LNG economics at low, base and high price cases.

Session 2Testing small-scale LNG economics before relying on it

  • Confirm that lessons from small-scale LNG economics are shared beyond the team that learned them.
  • Identify single points of dependency in small-scale LNG economics and reduce them.
  • Verify isolation points for small-scale LNG economics are proven and documented.
  • Review incident and near-miss history involving small-scale LNG economics.

Choose the package that suits you

Silver Package

At least 3 people

USD1,250
  • Workshop or Program Participation
  • Airport Transfers
  • Customized Badge
  • Expert Mentorship (Private Sessions)
  • Supervision & Secretarial Services
  • Accredited Certificate of Participation
  • Complete Training Kit
  • Coffee Break
  • Closing Ceremony

Gold Package

At least 3 people

USD1,850
  • 5-night stay in a 5-star hotel
  • Workshop or Program Participation
  • Airport Transfers
  • Customized Badge
  • Expert Mentorship (Private Sessions)
  • Supervision & Secretarial Services
  • Accredited Certificate of Participation
  • Complete Training Kit
  • Coffee Break
  • Closing Ceremony

Complete your registration

We will contact you within one business day to confirm.