Oil & Gas Project Finance
This course provides delegates with a clear understanding of: why and when project finance is used in the oil and gas industry, qualitative and quantitative risk analysis, upstream oil and gas financing, refinery financing, transmission and distribution lending, LNG and Petchem finance.
Who is this for?
This highly practical course has been specifically tailored to the needs of professionals operating in the oil and gas, banking, finance, legal and accounting industries who wish to expand dramatically and deepen their knowledge of limited-recourse financing techniques used in the various branches of the oil and gas industry.
What will you learn...
Industry Overview/Qualitative and Quantitative Risk Analysis
- Structure of the international petroleum industry: from upstream to downstream
- Different risk/reward objectives of sponsors and lenders
- Structural and pricing drivers in oil and gas lending:
- Quantitative risk analysis
Understanding Upstream Oil and Gas Financing
- Reservoirs and reserves – a technical grounding
- Field development finance in the early days of the North Sea
- Growth of the independent sector
- Emergence of the borrowing base as the tool of choice
- European and North American borrowing bases
- Structural features of the European borrowing base
- The “War Stories” in North Sea single-field finance – examination of the deals that failed
- Recent trends in North Sea finance
Oil and Gas Transmission and Distribution Lending
- Reservoirs and reserves – a technical grounding
- Trunk pipelines and distribution networks
- Oil and gas transmission pipelines – high fixed cost/multi-partner undertakings
- Gas storage and distribution finance
Getting to Grips with Refinery Finance
- Introduction to Refining Processes and Economics
- Refinery operations – from topping refineries to complex crackers
- Greenfield or expansion financing?
- Cash flow volatility – the key risk for lenders
- Operational mitigation of volatility risk
- Debt structuring to mitigate lender risk, including
- Refinery market analysis for lenders
- Modelling/sizing debt for refineries
- Introduction to Petrochemicals
Liquefied Natural Gas Finance
- Overview of Economic Concepts
- The growth of the LNG debt market
- LNG liquefaction finance
- LNG regas finance
- LNG ship finance
Other Downstream Finance – Petchem and Gas-to-Liquids
- The Petchem “flowchart” – from gas/naphtha-based feedstocks to end-products
- The Middle-Eastern petrochemical wave – adding value to domestic gas resources:
- Gas-to-Liquids – financing clean diesel projects
Book You Course Now
Course ID: OG03
Duration: 5 days
Course fee: £3,900.00
Meet your Tutor
Patrick opio
MSc MSc DIC MAPM
Project Managment Proffessional and trainer with nearly 20 years UK and overseas experience in planning and project controls.