Gas Monetization for Petroleum Professionals
- Disciplines
- Multi-Disciplinary • Business & Management
- Category
- Carbon Capture Utilization & Storage (CCUS) • Development • Energy Transition • Facilities • Operations
- Format
- Classroom
- Available
- Public
Who Should Attend
Petroleum professionals, project developers, regulators, and investors seeking practical knowledge of gas monetization strategies and technologies. It is especially valuable for those involved in upstream and midstream operations, ESG compliance, or energy transition planning. Participants will benefit from a multidisciplinary perspective that blends technical, economic, regulatory, and social dimensions of gas utilization.
Description
Gas Monetization for Petroleum Professionals" provides a comprehensive exploration of strategies and technologies for transforming stranded and flared gas into valuable products. The course examines global and Nigerian gas industry trends, regulatory frameworks, and investment strategies while addressing the technical, economic, and environmental aspects of gas monetization. Participants will gain insights into processing challenges, project feasibility, and scalable solutions such as LNG, FLNG, gas-to-power, and gas-to-liquids. The course also covers social and regulatory considerations, including community engagement and compliance with emissions regulations. Through case studies and expert discussions, attendees will develop a practical understanding of how to implement successful gas monetization projects.
Learning Outcomes
- Analyze historical and current trends in gas flaring and stranded gas management.
- Assess the technical and economic feasibility of gas monetization solutions.
- Compare different gas monetization technologies, including LNG, FLNG, gas-to-liquids, and gas-to-power.
- Evaluate the impact of gas composition on processing and monetization strategies.
- Quantify CO2 emissions and environmental benefits associated with gas utilization.
- Navigate regulatory frameworks governing gas monetization in Nigeria and globally.
- Develop investment strategies and financial models for gas monetization projects.
- Identify best practices for securing a social license to operate and engaging with local communities.
- Examine future trends and innovations in gas monetization.
Course Content
COURSE AGENDA:
Day 1: Introduction and Context
Morning Session:
Welcome and Course Overview
- Introduction to gas monetization
- Course objectives and structure
• Global and Nigerian Gas Industry Overview
- Historical context of gas flaring in Nigeria and globally
- Stranded assets problem
- Current status and trends in gas flaring reduction including venting and fugitives
- Detailed analysis of the scale of gas flaring and stranded gas issues
Afternoon Session:
• Stranded Gas: Challenges and Opportunities
- Definition and significance of stranded gas
- Onshore and offshore stranded gas assets
- In-depth case studies of stranded gas projects
• Technological Solutions for Gas Monetization
- Overview of technologies: LNG, FLNG, gas-to-wire, gas-to-liquids, gas-to-power
- Introduction to modularization technologies and their applications
- Advantages and limitations of each technology
Day 2: Technical and Economic Considerations
Morning Session:
• Gas Composition and Processing
- Importance of gas composition (C3+ rich gas, H2S issues)
- Fractionation processes and challenges
- Purity components and their market value
• Environmental Impact and CO2 Emissions
- Calculating CO2 emissions from various gas monetization solutions
- Methods for calculating CO2 equivalent emissions saved from eliminating flaring and venting
- Environmental regulations and compliance
Afternoon Session:
• Economic Viability and Scalability
- Assessing the economic feasibility of gas monetization projects
- Scalability issues and solutions
- Variable production profiles and their impact on project economics
• Access to Capital and Investment Strategies
- o Funding sources and financial models
- o Attracting investment for gas monetization projects
- o Integration of Carbon Capture, Utilization, and Storage (CCUS) in project economics
Day 3: Regulatory, Social, and Future Perspectives
Morning Session:
• Regulatory Framework and Compliance
- o Overview of Nigerian and international regulations
- o Navigating regulatory challenges
- o Potential components of a more stringent regulatory policy for gas flaring
- o Cost-benefit analysis of stringent regulatory policies
• Social Justice and Social License to Operate
- o Addressing social justice concerns in gas projects
- o Engaging with local communities throughout the project lifecycle
- o Best practices for maintaining a social license to operate
Afternoon Session:
• Future Trends and Innovations
- o Emerging technologies in gas monetization
- o Future outlook for the Nigerian gas industry
In-Person
- Length
- 3 Days
Upcoming Events
Houston
Instructor
