BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//PEafrinsights - ECPv4.8.2//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:PEafrinsights
X-ORIGINAL-URL:https://peafrinsights.co.za
X-WR-CALDESC:Events for PEafrinsights
BEGIN:VEVENT
DTSTART;VALUE=DATE:20210908
DTEND;VALUE=DATE:20210909
DTSTAMP:20260531T193620
CREATED:20210201T142950Z
LAST-MODIFIED:20210616T232655Z
UID:3724-1631059200-1631145599@peafrinsights.co.za
SUMMARY:LNG: Supply\, Demand\, Pricing and Trading (Online Course)
DESCRIPTION:At the beginning of 2020\, the LNG business was looking forward to another year of expansion after a successful 2019 during which production increased by 42.5 mt and final investment decisions (FIDs) were taken on 71 mtpa of liquefaction capacity. COVID-19 has radically changed those expectations. LNG production continued to increase rapidly in the first quarter of 2020 as output from LNG trains that started up in 2019 built up to full capacity. However\, demand weakened in the second quarter as lockdowns in many LNG importing countries to control the spread of COVID-19 slowed economic activity. \nIncreased supply and declining demand have led to an over-supplied market\, with spot prices for LNG falling to levels not seen before in the second quarter and the cancellation of US LNG cargoes. However\, prices began to recover during the third quarter with demand expected to strengthen in the winter months. The construction of new liquefaction trains has been delayed and final investment decisions (FIDs) on new capacity have been deferred. However\, the long-term outlook for LNG remains robust as lower prices increase the competitivity of natural gas with coal and oil in the power generation and industrial sectors. \nThe online course will\, over five sessions\, provide an overview of the LNG business in 2021 with a commercial focus but technical and shipping will also be covered. It will consider the outlook for the business over the period to 2035 in terms of markets\, sources of supply\, pricing and trading. It is designed for newcomers to LNG and those who want to refresh their knowledge or have experience in one part of the business or one region and want to widen their knowledge. \nBenefits of attending: \n\nUnderstand LNG chain technologies\, costs\, economics and safety\nAppreciate how the LNG business is changing and the implications for those working in the business\nGain insights into LNG pricing and how it is evolving\nAcquire in depth knowledge of world LNG markets and supply sources\nAssess the increasing role of spot and short-term trading\n\nVenue: Virtual event \nDate: Commences – 8 September 2021 \nTime: Whole day event \nRegister at: https://www.infocusinternational.com/lng-online#register \nTel: +65 6325 0210 \nEmail: emilia@infocusinternational.com \nWebsite: https://www.infocusinternational.com/lng-online \n
URL:https://peafrinsights.co.za/event/lng-supply-demand-pricing-and-trading-online-course/
LOCATION:Virtual event
ORGANIZER;CN="Infocus%20International":MAILTO:emilia@infocusinternational.com
END:VEVENT
END:VCALENDAR