Fundamentals of the Natural Gas Industry

The course explains the workings of futures, forwards, swaps and options markets and how they can be used for hedging

and price management purposes. The costs and relative benefits of the instruments and the implementation of risk

management strategies are explored as well as technical analysis and the principles of management control. Exercises are performed in syndicates, with comprehensive debriefs to study the consequences of the decisions made. The course expects a high degree of participation from delegates and there is a high staff-to- pupil ratio.