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Masterclasses
- 8.30 Registration for Masterclasses
- 9.00 Masterclasses commence
Lunch, morning and afternoon tea shall be served during the day- A An executive summary of the LNG business
- B Gas monetisation options
- C Gas to liquids
- D Valueing coal seam assets
- 1.00 Masterclass B closes
Please join us for lunch at the completion of this Masterclass - 4.30 Masterclasses A, C and D close
Masterclass A
An executive summary of the LNG business
Purpose: To acquaint participants with sufficient knowledge of
concepts and main issues that they can partake in constructive
dialogue with those more expert in any particular area and to
reach informed opinions of their own. (Or, 'How to argue with
an LNG expert')
Each subject area will provide a basic platform of knowledge and
identify the issues which arise from time to time. Participants will
be encouraged to contribute their own expertise at relevant times.
Morning: The facts, as it were
- What is LNG and why is everyone so interested in it?
- Gas reservoirs associated and non-associated gas
- Liquefaction of natural gas main technologies, cost trends
- Storage of LNG three types of containment systems
- LNG shipping
- Types of vessels, mooring, loading arms, costs
- LNG receiving and regasification terminals types of vapourisers
- Hazards of LNG review of the few major incidents
- Project structures
- Sale and purchase agreements Development and inter-relation with other aspects of project development
- Main clauses with further consideration of:
- Terms of trade, ADPs, measurement and testing, flexibility, pricing concepts in Asia Pacific, Europe and US, spot trading, force majeure, payment security
- Contemporary issues
About your Masterclass leader:
Arthur Dixon AM graduated as a chemical engineer
from Melbourne University and has had more than 40
years with Shell. For 25 of those years, he was associated
with Liquefied Natural Gas. Inter alia, he has been
Project Coordinator, General Manager Marketing,
a Director of Shell International Gas, Brunei Shell
Tankers and Australia LNG Ship Operating Company (ALSOC) and
was the inaugural President of the North West Shelf LNG marketing
company, Australia LNG Pty Ltd.
Arthur is Chairman of the Board of the Centre for Natural Gas
Management, a joint venture between the Business Schools of the
University of Western Australia and Curtin University of Technology.
In 2008, Arthur was appointed a Member of the Order of Australia.
Masterclass B *Masterclass B has been cancelled.
Gas monetisation options a review and ranking of the options available to a gas producer
New technology and processes mean that more gas fields can
be commercially developed and fewer fields can be regarded as
containing 'stranded gas'. Smaller reserves can be successfully
brought to market and the range of gas optimisation options
has widened.
When considering downstream monetisation options a producer
must address different technologies, different delivery methods,
different costs and net backs and widely different demand patterns.
The Masterclass will:
- Review how global and regional gas demand is evolving
- Review the processes and technology developments that enable more fields to be commercially developed
- LNG from bigger trains & floating LNG to mini LNG
- GTL how might this market develop? How do costs compare with LNG? What is the demand for GTL products?
- Gas to the commercial/industrial sector.
- Gas to chemicals uses, drivers & netbacks
- CNG and NGV could these be significant markets
- Gas to fertilizer
About your Masterclass leader:
Tony Regan is a Singapore based senior consultant with Nexant, a US chemicals, power, oil and gas consultancy. Tony focuses on the gas market in Asia Pacific. Tony has extensive international oil and gas experience, much of it gained during 25 years with Shell International where he held a broad range of supply, logistics, trading and new business development roles.
Masterclass C *Masterclass C has been cancelled.
Gas to liquids
The supply of energy to the major markets of the world is at a critical crossroad. The indigenous gas supplies in Europe and the USA are failing to keep up with demand and there is increasing emphasis on imports. At the same time there is an international move to clean fuels, in particular low sulfur gasoline and diesel.
1 The need and the problem
- Drivers for clean fuels
- Gas and crude oil supply
- Coal availability
- Problems with conventional approaches
- Steam reforming
- Partial oxidation
- New generation reformers
- Coal gasification
- Production economics
- Goal gasification route versus coal hydrogenation
- FT prior to 1980
- Approach to maximising diesel
- Modern commercial plants Sasol, MossGas, Shell, Qatar
- Next generation plants
- Product quality and process economics
- Technology for production of methanol
- New technology for the production of DME
- Methanol to gasoline and methanol to olefins
- LNG production methods and costs
- Storage, transport and re-gasification
- Comparing LNG with GTL
- Gas value for LNG
- Gas value for methanol
- Gas value for GTL (diesel)
About your Masterclass leader:
Dr. Duncan Seddon, a consultant to the oil, gas and petrochemical industries, has been involved with then production and use of transportation fuels and commodity chemicals for over 30 years. He has a particular interest and expertise in clean fuels, the use of gas derived chemicals in the transport fuel sector and in Gas to Liquids technology and processes. He is a Fellow of the Royal Australian Chemical Institute and a Member of the Society of Petroleum Engineers.
Masterclass D
Valuing coal seam assets
Over the past year CSG assets have appreciated significantly. The course goes through the valuation process step by step. At the end of the course the participant should have an appreciation of risks, an insight into the pitfalls and leave with a knowledge of what questions to ask when valuing CSG assets.
1 sset What constitutes CSG? 2 Methodology of resource and reserve calculation
- Pitfalls and typical mistakes discussed
- Methods of predicting field performance
- Effect on capital and operating costs
- Data Open File / Confidential
- Project Capital & Cashflow Profiles
- Gas Contract Structure
- Economic Sensitivities
About your Masterclass leader:
Don McMillan B.E Grad Dip P.E (UNSW);
Oil gas CBM Services.
Since 1998, Don McMillan has been involved in
various CSG projects and is currently practising as an
independent consultant with Oil Gas CBM Services.
With over 23 years experience in the oil and gas
industry, Don offers a broad range of services including technical
studies, CSG Reserves estimating and auditing. He currently advisers
fund manages in Hong Kong, Singapore, Tokyo and New York and has
been involved in valuing CBM assets relating to investments, mergers
and acquisitions. Don plays an active role in the Society of Petroleum
Engineers and has been recognised internationally for his work.
He represents Queensland on the SPE Australian Council.
