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LNG501-4
4 Week Professional Job Certification Training

Certified LNG Long Term Contracts (GSPA) Professional

Building Professional Certification Skills & Competencies in

  1. Understanding the Legal Interpretation
  2. Contract Administration & Documentation of Events
  3. Delivery, Loading & Measurement Aspects
  4. Provisions for Changes, Disagreements and Disputes
www.eurotraining.com/bro/lng501-4.php

Training Dates Certification Programs

London
20 May - 14 June 2024
New York
3 June - 12 July 2024
Seattle, USA
17 June - 12 July 2024
New Delhi
1-26 July 2024
Kualalumpur
15 July - 9 Aug 2024
New Delhi
29 July - 23 Aug 2024
London
12 Aug - 6 Sept 2024
New York
26 Aug-20 Sept 2024
Seattle
9 Sept - 4 Oct 2024
Istanbul
23 Sept-18 Oct 2024
New Delhi
7 Oct - 1 Nov 2024
Kualalumpur
21 Oct-15 Nov 2024
New Delhi
4-29 Nov 2024
London
18 Nov- 13 Dec 2024
New York
2-27 Dec 2024
Seattle, USA
16 Dec 2024 -10 Jan 2025
London
30 Dec 2024- 24 Jan 2025
Dubai
6-31 Jan 2025
Kualalumpur
20 Jan-14 Feb 2025
Dubai
3-28 Feb 2025
London
17 Feb-14 March 2025
New York
2-27 March 2025
Seattle, USA
16 March-10 April 2025
Istanbul
30 March-24 April 2025
New York
13 April-8 May 2025
Dubai
27 April-22 May 2025
Kualalumpur
11 May-5 June 2025
London 25 May-19 June 2025




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What is covered in this Program?

  1. This Professional Certification Program builds Expert Level Understanding, Skill & Competency in LNG Long Term Contracts. Liquefied Natural Gas LNG is mostly traded through Long Term Contracts with LNG Marketers or Bulk Consumers. These contracts offer Supplier advantages of Assured Revenues and Margins that can be used for Financial Planning and Investment Decisions, for the Customer it gives some Assurances of Price Stability for his Own Price Planning and Management.
  2. The objectives of this program are to understand and effectively administer the complexities of LNG GSPA long term contracts.
  3. Participant will understand the various types of Contracts and Conditions used in LNG Industry, though the primary focus will be on Long Term LNG Contracts.
  4. The participant will learn to effectively administer Long-Term contracts.
  5. Risks and disruptive events do occur for both the Buyer and Seller, Contracts therefore must define not only the rights and responsibilities if everything goes as per plan, but also for risk and variability situations that may arise during the long period of the contract.
  6. In this program the participants will learn how to improve contracts to avoid problems including differing contract interpretation rules, contract condition changes that can be considered and their risk cost implications, contract administration aspects, possible disputes, claims and resolving Claims strategies and options.

Who Should Attend?

  1. This program is intended for LNG Contracts Negotiators, Contract Drafting Professionals and other Stakeholder Professionals, Legal Staff, Fulfillment Operational Staff, Managers, Consultants, Auditors and Government Regulators.
  2. This Program be used for Periodic Training or Refresher Training of LNG Contracts Negotiators, Contract Administrators and LNG Contract Fulfillment Professionals.

Program Content & Modules

Certified LNG Long Term Contracts (GSPA) Professional


  1. Business Environment for LNG Long Term SPAs Contracts
  2. GSPA Stakeholders & their Expectations
  3. Regulatory and Tax Aspects
  4. Logic & Need for Long Term Contracts GSPAs
  5. Understanding the GSPA Complexities in Terms of Risks and Liabilities for each Stakeholder
  6. Negotiating GSPAs
  7. Not get Mislead during Negotiations
  8. Drafting the Contract Variable Special Conditions
  9. Administering the Ongoing LNG Contracts
  10. Amicably resolving Changes, Disagreements and Disputes
  11. GSPA Risks, Uncertainties & their Administration

    (1) Annual Delivery Program and Changes

    (2) Precedent to Contract Approvals and Conditions

    (3) Assignments,

    (4) Merger,

    (5) Consolidation,

    (6) Acquisition,

    (7) Financing

    (8) Buyer's Purchase Obligation & Cancellation Rights

    (9) Compliance with Laws

    (10) Conditions Precedent to Agreement Coming into Force

    (11) Key Contract Definitions

    (13) Contract Sales Price

    (14) Default and Termination

    (15) Delivery Point, Title and Risk

    (16) Dispute Resolution and Governing Law

    (17) Force Majeure Affecting LNG Tanker or Discharge Terminal

    (18) Force Majeure,

    (19) Effect of Extended Force Majeure

    (20) Indemnities

    (21) Information Confidentiality

    (22) Rules for Interpretation

    (23) Invoicing and Payment,

    (24) Disputed Invoice,

    (25) Delay in Payment,

    (25) Audit Rights,

    (27) Liabilities,

    (28) Indemnification and Insurance

    (29) Major Scheduled Maintenance and Inspections

    (30) Measurements,

    (31) Testing & Verifications

    (32) Notices

    (33) Quality Specifications,

    (34) Testing,

    (35) If Off-Specification LNG Loaded

    (36) Quantities: Adjusted Annual Contract ACQ Quantity

    (37) Records Audit

    (38) Renegotiation of Prices

    (39) Replacement of Rates and Indices No Longer Available

    (40) Representations,

    (41) Warranties and Undertakings by Buyer and Seller

    (42) Safety Obligations

    (43) Seller's Delivery Obligation

    (44) Taxes & Refunds

    (45) Term of Agreement,

    (46) First Commercial Delivery

    (49) Transportation and Loading:

    (48) Facility Compatibility with LNG Tankers,

    (49) LNG Tanker Inspection,

    (50) Port Liability Agreements,

    (51) Loading Scheduling & Operations

    (52) Attached Cooperation Agreement

    (53) Attached Form of Guarantee

    (54) Attached LNG Terminal Use Agreement

    (55) Attached Measurement Method

    (56) Attached Port Liability Agreement

    (57) Attached Transportation Services Agreement

    (58) Attached Tug Characteristics

    (59) Attached Tug Services Agreement
  12. For each of the above GSPA provisions

    (1) Understanding the Contract Condition, its interpretation

    (2) Changes that can be considered and their implications

    (3) Contract administration aspects

    (4) Possible disputes, claims and resolving Claims strategies and options.
  13. Win-Win LNG GSPA Contract Administration
  14. Collecting Evidence to Support your Position during Negotiations, Resolving Disagreements, and Dispute Resolution
  15. Workshop 1
  16. Deeper Insights into LNG GSPA Contract Administration Professional Level Understanding
  17. Developing a LNG GSPA Contract Administration Performance Evaluation System
  18. Developing Meaningful KPIs for Performance Reporting
  19. Workshop 2
  20. Framework for a LNG GSPA Contract Administration Knowledge System
  21. Building a LNG GSPA Contract Administration Knowledge System to Improve Productivity, Effectiveness and Empower Team Members
  22. Workshop 3
  23. Data Analytic System to Support Real Time or Near Real Time Pipeline Contract Decision Support
  24. Artificial Intelligence Methods for Proactive Decision Support Insights, Management Support, Decision Suggestion System & Automated Decisions
  25. Workshop 4
  26. Setting Up a LNG GSPA Contract Administration Skills & Competency Training System for Empowering Team
  27. Building a Multi-Level Internal LNG GSPA Contract Administration Skill & Competency Certification System
  28. LNG GSPA Contract Administration Professional Certification Tests
  29. LNG GSPA Contract Administration Professional Certification Interview
  30. Program Recommendations
  31. Detailed Personalized LNG Long Term Contracts (GSPA) Improvement Action Plan

MAKE YOUR CAREER MOVE

Enhance your Academic Qualifications with Certified, Validated, Marketable, Professional Performance & Credibility

Professional Certification Workshop Outcomes and Takeaways
  1. Knowhow and Technology Transfer to the Participants.
  2. Building Job Oriented Understanding, Competencies & Process Knowledge.
  3. Domain Multi-discipline understanding that Improves Performance, Credibility and Respect
  4. Competencies that Enable Superior Performance, Promotion, Career Advancement and Respect among Peers

Typical Certification Workshop Participant Takeaways
  1. A-Z Knowhow and Step-by-Step Process Knowledge
  2. A Customized Detailed Action Plan to apply the Program Knowledge to Work.
    The detailed Action Plan and Implementation Plans you prepare and take away after the program will help you take improvement initiatives and make a positive difference in your job, team, business unit or organization.
    This difference after implementation and when added to your resume will make you a prime candidate for career advancement in your own organization or in your next job/s.

Benefits for Organization Sponsoring Participants

(Made possible by Euro Training's unique, multidiscipline, customer focused, strategic focused, knowledge management, Data Analytics approach)
  1. Improved Performance through
    • Effectiveness (doing right first time by considering all key stakeholders), Efficiency (applying good practices), Goal Achievement (KPIs)
    • Customer Satisfaction
    • Strategic Alignment
  2. Multi-discipline Empowered Employee
    • Multi-Stakeholder Focus
    • Customer Focus
    • Operational Focus
    • Strategic Focus
    • Management by Facts (Data Analysis & Performance Evaluation)
  3. Employees Leveraging the Multi-Disciplines for doing the job right first time, by taking following aspects into consideration before decision making...
    Business Needs, Internal & External Customer Needs and Expectations, Operational & Strategic Objectives, Regulatory Aspects, Industry Standards, Technology Options, Understand Helpful Modern Tools and Methods, Understanding Risks, Leveraging Contingency Plans, Actions that Increase Productivity, Legal & Contractual Aspects, Intellectual Property Aspects, Safety, Security, Audit, Cost Benefit Aspects, Value Engineering Opportunities, Develop Key Performance Indicators, Develop a Meaningful Performance Evaluation System, Leveraging Data Analytic Opportunities, Leveraging Artificial Intelligence Opportunities, Developing a Decision Support Knowledge System, Internal Business Unit Training System, Internal Employee Certification System .... (and more multi-discipline aspects)
  4. Creating a Professionally Certified Pool of Domain Mentors, Coach & Trainers who have access to the required resources from the Developed Knowledge System. Also Also helping create internal multi-level job competency certification system.

Participant Career & Life Benefits
Gained by Attending this Professional Certification Program

  1. Job Satisfaction that will come when satisfying your customers
  2. Respect that will come when you are Recognized by your Peers
  3. Promotion that will come from your Better Job Performance, Making Improvements and Convincing Performance Review Handling
  4. Career Advancement that will come from your increased Employability through Convincing Competency Display in Resume and Interviews, Improvement Ideas, Implemented Improvements & Validated Certification

Registration Form

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Registration Information
4 Week Professional Certification Training Program

  1. To register: Please send us an official letter confirming registration (on organizational letterhead). Also send us a completed registration form electronically fillable at Program Site and downloadable as MSWord document by Clicking https://www.eurotraining.com/etl-reg-4w.doc You can request or registration form by Emailing regn@eurotraining.com and eurotraining@gmail.com
  2. For Program Fee Information Email: fees@eurotraining.com . Fees are Payable by Bank Transfer or Bank Draft. Fee information is also available at: https://www.eurotraining.com/fees.php .
  3. Program Fee is
    • 4 week Duration

      (1) At Dubai, Kuwait, New Delhi, Qatar £13,990 (USD $17,800) per participant.

      (2) At London, US Locations, Europe, Malaysia, Singapore £15,389 (USD $19,580) per participant.

      (3) Online eTraining Fee £6,000 (USD $7,500) per participant.
    • Fee includes Course Materials, Certificate, Refreshments and Lunch (classroom programs). www.eurotraining.com/admin/fees.php)
  4. Accommodation is not included in Program fee. Special rates may be available at venue hotel for program participants.
  5. Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
  6. Refund will not be considered where the participant cancels his registration less than 3 weeks before start of the program. Alternate nominations may be allowed atleast 2 weeks before program start. In case of exceptional hardship or emergency participant may be allowed to attend at another location on payment of additional 10% of the Fee.
  7. All participants are required to fill in Participant Information Form and a Program Induction Form - on first day of the program. Each program may Undergoe Customization to Better Meet Participant Groups Present and Future Career Needs. Please be prepared to let the Instructor/s know about your organization's Special Needs, Interests or Initiatives.
  8. It is always useful for participants to bring their existing problems or case studies, work-process flow charts or job related problems for discussion - consideration will be at sole discretion of the program director/s.
  9. Provisional Registration : You can make a provisional registration request by sending us an email from an official Email Account. On our confirmation we will reserve a seat for you for 14 days. Within 14 days of our confirmation please send us an official registration request. Provisional registration is automatically cancelled at the earlier of (1) 2 weeks after Provisional Registration is Confirmated by us and your fail to reconfirm your attendence. (2) Two weeks before start of the program. We do request you to inform us ASAP you have decided either way. Please note All provisional registrations automatically cancel 2 weeks before program start unless confirmed.
  10. Information required for Provisional Registration: Program Title, Location, Dates, Your Organization Name, Your Email Address, Your FAX No and your Mobile Number.

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