This Professional Certification Program builds Expert Level Understanding, Skill & Competencies for Administering Long Term Natural Gas Sale Purchase Agreement (GSPA). As Investment in Natural Gas facilities is capital intensive, a prerequisite from funding agencies is to have a firm long term Natural Gas Sale and Purchase Agreement GSPA with some bulk user, or market player, or client for a major part of the production. This Program will also discuss the Needs and Requirements imposed on GSPAs by the relevant regulatory authority.
These SPAs are typically made for periods up to 30 years to help see a clear path to the recovery of the investments.
GSPAs are very complex and include conditions relating to the many risks inherent in this business.
This Program will discuss the significant risks and provisions in contracts and the way they are allocated between the parties in the contracts.
This program will discuss for each contract provision the risk events that may occur, notices to be given, essential other communications and record keeping, and other actions to mitigate any delay or damage. The program will also provide the knowhow to analyze and resolve any disputes and disagreements that may arise.
This program will provide the participant the framework to build an Organizational Natural Gas Sale Purchase Agreement SPA Knowledgebase to help improve Effectiveness and Productivity in the Contracting Process. This Knowledgebase is also an Important Tool for Competency Development in Organizational SPA professionals.
Who Should Attend?
This program is intended for GSPA Contract Professionals, Contract Negotiation Teams, Gas Marketing and Business Development Professionals and Managers.
This program is also intended for GSPA Stakeholder Legal, Accounting, Finance and Operational Audit Professionals.
Program Content & Modules
Certified Long Term Natural Gas Sale Purchase Agreement (GSPA) Administration Professional
Big Picture Business Aspects of Natural Gas Sale and Purchase Agreements (SPAs)
Regulators and Lending Agencies Requirements & Expectations
Quick Review of Natural Gas Technology for GSPA Contract Professionals
Natural Gas Purchaser Needs and Expectations
Natural Gas Purchaser Economics and Alternatives
SPA Risks, Mitigation Possibilities and Related Costs
Understanding the GSPA Provisions
Key Definitions
Period of Agreement
Supply Commissioning Date Determination
Scope of Agreement for Sale and Purchase
Warranties, Covenants and Taxes
Sellers’ Rights including Commingling and Unitization
Contracted Quantities and Nominations
Natural Gas Handling Facilities (Both Parties)
Seamless Exchange of Information
Take or Pay Provisions
Price, Price Formulas, Price Review and Adjustment due Supply Variations
Procedure for Billing and Payment
Quality of Spec Gas and Off Spec Gas
Agreed Delivery Point and Alternate Points
Agreed Gas Pipeline Pressure
Gas Quantity Measurement, Calculations and Custody Transfer Provisions
Rights & Responsibilities on Force Majeure
Contract Major Breach, On Default by One Party
Type & Process of Allowed Assignment and Security Interests
Governing Law and Dispute Resolution Provisions
Security and Credit Cover
Nature of Legal Relationship and Sellers Coordinator
Immunity Provided by the Parties to Each Other
Disclosure of Sellers’ Petroleum Rights
Disclosure of Sellers’ Percentages and Sellers’ Interest
Disclosure of Sellers’ Agreements
Disclosure of List of Charges on Sellers’ Petroleum Rights
Specification of Gas to be provided
Parent Corporate Guarantee
Bank Guarantee to Assure Performance
Letter of Credit Requirements
Delivery Point Descriptions
Form of Buyers Consent
Contract Administration Requirements for each of the above GSPA Provisions
Calculating monthly payments for Natural Gas Supplied
Process when Changes in governing laws and regulations
Process when Project Implementation delays by supplier or the buyer
Process when Natural Gas supplied is not meeting specifications
Process when Equipment failure
Process when Supply disruptions outside the control of the parties
Process when Natural Gas Demand-changes
Process when Weather caused decrease or increase in demand
Process when Technical problems at supplier or buyer
Process when Bad weather or force majeure events
Process when Legal or illegal disruption by third parties
Process when Market disruption or changes caused delay in payment by buyer
Process for Administering Tax changes
Process when Administering Bankruptcy of a party
Process when Environmental regulatory changes
Process when GSPA Impacted by Government planning changes
Process when Cheaper alternate energy sources become available
Process when Reduced demand
Process when National or regional gas grids divert supplies
Process when Responding to Political risks
Process when Nomination of third parties to receive deliveries
Delivery infrastructure Development & Maintenance
Re-Negotiation Provisions
Detailed Administering of Key notice requirements in GSPAs
Detailed Administering of Take or pay Arrangement
Detailed Administering of Lifting schedule
Detailed Administering of Measuring, Metering adjustments and reconciliation
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)
Improved Performance through
Effectiveness (doing right first time by considering all key stakeholders), Efficiency (applying good practices), Goal Achievement (KPIs)
Customer Satisfaction
Strategic Alignment
Multi-discipline Empowered Employee
Multi-Stakeholder Focus
Customer Focus
Operational Focus
Strategic Focus
Management by Facts (Data Analysis & Performance Evaluation)
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)
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
Job Satisfaction that will come when satisfying your customers
Respect that will come when you are Recognized by your Peers
Promotion that will come from your Better Job Performance, Making Improvements and Convincing Performance Review Handling
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
Fields marked with * are mandatory
Optional Fields
Registration Information 4 Week Professional Certification Training Program
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
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
.
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)
Accommodation is not included in Program fee. Special rates may be available at venue hotel for program participants.
Special discount of 10% is offered for participants who pay their fees at least 45 days before start of the program.
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.
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.
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.
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.
Information required for Provisional Registration: Program Title, Location, Dates, Your Organization Name, Your Email Address, Your FAX No and your Mobile Number.