N622 - Fundamentals of Natural Gas Marketing, Western Canadian Sedimentary Basin Perspective

Course Overview
The one-day course will include an overview of natural gas marketing from wellhead to burner tip - discussing natural gas fundamentals, the role of regulation, transportation, pricing and price risk management of natural gas. Discussions will also include an overview of natural gas storage in North America and gas contracting principles.

Participants will learn to:
•	Define the changing characteristics of natural gas as it is discovered, developed, produced, processed, 
        transported, delivered and sold to the market.
•	Identify various natural gas supply and demand fundamentals that affect natural gas prices and their 
        interrelationship between each other.
•	Describe the role and importance of the regulator with respect to transportation and tolling within the framework 
        of pipeline tariffs and the exporting and marketing of natural gas.
•	Describe the various modes of natural gas transportation, pipeline development processes, contracting principles 
        and natural gas dispatching procedures.  
•	Identify differences in netback, net-forward and basis differential pricing principles and how they relate to
        various pricing instruments and the market center concept.
•	Define reasons for hedging natural gas prices and apply the various hedging tools that are used in the process.
•	Apply principles of transportation, pricing and hedging to natural gas contract creation and understand the 
        key contracting provisions within the Gas EDI template contract.
•	Understand the different types of natural gas storage and its importance within the natural gas sales cycle.

A complete set of course materials and lunches are included.

All scheduled event(s) for this short course:
28-Nov-19 Calgary (1 day) $ 845 CAD
Course Syllabus
Download course syllabus
Course Outline
  • Fundamentals of Natural Gas
  • Natural Gas Supply and Demand
  • Natural Gas Regulation
  • Natural Gas Transportation
  • Natural Gas Pricing
  • Price Risk Management
  • Price Natural Gas Purchase and Sale Contracts
  • Natural Gas Storage

Need more information about this course from the instructor(s)? Click Here

More info...

Thomas Link is President of Aquilus Energy Marketing Consulting Inc., specializing in natural gas marketing consultation services including price risk management, market analysis, transportation, gas operations, regulatory, and joint interest issues relating to natural gas marketing. He earned a B. A. Degree in Economics from the University of Calgary. He also publishes a daily fundamental/technical analysis report of oil & natural gas pricing. Prior to founding Aquilus in 1995, Mr. Link was employed in the Marketing Department of both mid size and multinational petroleum producers.

Training Venue

To avoid potential course disruptions caused by the attendance of unconfirmed registrants, the training venue address will ONLY be provided to registrants upon receipt of payment (via an email confirmation note).

Participant Evaluations
Average participant rating 4 out of 5 stars
50 participant evaluations
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All course reviews are unedited.
December 8, 2017, Marketing Accountant, Calgary
I think Tom's experience and knowledge of the subject as an instructor is a huge benefit for the attendees. The only thing I would suggest is more examples, but I understand there might not be enough time.
April 18, 2017, Crude Oil Scheduler, Calgary
The content was good. The take-home materials appear very comprehensive. In my opinion, there is 2 days worth of material condensed somewhat successfully (quickly) into 1 day.
December 8, 2016, SR Contract Demand Quantity Analyst, Calgary
The Course is highly recommended to anyone entering the World of Natural Gas in Alberta, the Instructor Tom provides a great insight into the Market with detail and has good stories about personal experiences that drive home the concepts. :)
December 8, 2016, Joint Venture Engineering Technologist, Calgary
The course has a lot of good information but it is a rush to fit it in during a 1 day session.
May 10, 2016, Environmental Specialist (Contract), Calgary
A good introduction to the business side of Natural Gas.
August 26, 2015, Natural Gas Accountant, Calgary
Excellent course, would highly recommend to anyone who wants to learn the fundamentals of natural gas marketing!
May 21, 2015, Revenue Accountant, Calgary
Good as a high level, introductory course for those brand new to natural gas.
December 4, 2014, Software Developer, Calgary
The course was very thorough. I do not have a lot of experience with the industry but I could easily follow along.
March 20, 2014, FACILITIES ENGINEER, Calgary
Tom is a very knowledgeable instructor, and his years of consulting shine through the course notes and lectures. The course is rather long for a one-day event, but it shouldn't be a problem with a large coffee ;) If you want to learn more about the finance side of the natural gas industry, this course is for you.