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LNG Trading & Hedging (Including Simulated Trading)

Course Information

Price£3,450.00 + VAT
Duration3 days
LocationSingapore
Available Dates
March 19, 2025Register Now
October 22, 2025Register Now

Who Should Attend

The course is designed to give an overview of the LNG markets and the evolving trading and marketing business surrounding them. Attendees will come from all areas of the Natural Gas industry who wish to get a better understanding of the current situation and who wish to gain insights how these markets may evolve.

  • Gas Trading
  • Risk Management
  • Supply, Transport and Operations
  • Sales and Marketing
  • Energy Purchasing
  • Management and Financial Accounting
  • Strategic Planning and Economics

Booking Information

Tel: +44 (0) 20 7065 7706

Course Content

Day 1:

LNG Markets and Trading Strategies

  • Current supply/demand picture
  • Thoughts on markets from the experts
  • Trading Good practice

Trading gas simulation - TTF Flat Price

Derivatives

  • Futures
  • Forwards
  • JKM

Trading Timespreads

  • Market structure
  • Capturing movements in time spreads

TTF gas simulation - Timespreads

LNG Trading - Natural exposures

  • Oil to Gas exposure
  • Gas to gas exposure

Trading simulation - Global Spec Paper

Day 2:

LNG Trading Opportunities

  • Vessels/delivery terms
  • Arbitrage
  • Fixed vs floating prices
  • Cargo swaps

Simple Arbitrage simulation

Storage & Storage optimisation

  • Storage costs
  • What is carry
  • How is storage optimised

LNG Storage simulation

Risk management of LNG positions

  • Using derivatives to manage price risk - Futures/JKM swaps
  • Imperfect hedging

Unwinding hedges tutorial

Managing LNG complexities

  • Brent (3;0;1) or (3;2;1) or other formulas for pricing
  • S-curves
  • Optionality at terminals

Simulation - Intermediate hedging tutorial

Day 3:

Introduction to final LNG simulation

LNG Trading Simulation

  • Managing existing positions
  • Speculating on physical cargos
  • Arbitrage and hedging of price exposure

Introduction to Options

  • Calls/Puts
  • Valuing options
  • What is delta?

Options simulation