LNG Risk Management Workshop

Monday 20 September 2010

Led by:   

 

Eric Robial, Chief Representative, Asia Pacific Singapore, Gaselys

Eric comes from the physical side of GDF Suez and has 10 years’ experience in providing risk management solutions to the Portfolio Managers of GDF Suez working closely with LNG Managers and Negotiators. Formerly the Gaselys Chief Commercial Officer, Eric now heads up the Gaselys Singapore Branch which was officially opened on 10 May 2010. Eric’s new role is Chief Representative Asia Pacific Singapore.

Sébastien Delannoy, Senior Structurer - Structured Products & LNG Solutions, Gaselys

Sébastien Delannoy has been involved with physical gas to asset optimiser since 1998 and has been the Head of the Gaselys LNG solutions desk since 2007. Sébastien has a solid background in structuring and optimizing LNG portfolio exposures and works closely on a day to day basis with the Portfolio Managers and Negotiators.

Based on the Workshop leaders’ eight years of professional experience in LNG risk management and real case studies, this one day course will examine aspects of both LNG risk exposures and optional values related to LNG portfolio as well as SPA contracts.

For LNG Portfolio Managers and Negotiators, this intensive one day workshop will increase your expertise in drafting a risk policy, building a financial representation of your portfolio, securing and extracting market value from your assets within the risk policy limits.

The workshop leaders will bring various real life case studies based on best practices to this dynamic session. Discussions will include optimum day-to-day cooperation between Financial Structurers and Physical Portfolio Managers from the contracts negotiation stage through initial implementation until delivery.

Topics Include:

  • Physical LNG supply chain and sales/purchase contracts risks exposures analysis
  • Associated solutions to optimize portfolio EBITDA and contract margins
  • Physical risks contingent structure and market price risk delay for tenders
  • Added value to final customer, supplier or off taker of embedding derivatives in SPA contracts
  • Design of a risk policy, associated limits and tool kits
  • Implementation of a hedging program based on market intelligence and agreed policy
  • Dynamic risk/reward improvement of initial structure, leveraging on market opportunities and lift of FM risk
  • Physical assets and contractual flexibilities valuation at market price (diversion options/exchange slots parity)
  • Impact on SPA negotiation and support to negotiators

Why Attend?

  • Understand the fundamentals of the LNG supply chain and commodity finance derivatives
  • Learn how to manage associated physical risk and tender uncertainty
  • Examine the risk of implementing a hedging program
  • Discuss dynamic restructuring to delivery
  • Debate physical asset and contractual flexibility market monetization
  • Assess the key LNG actors and portfolio management organization

Workshop Schedule

08.30   Registration and welcome coffee

09.00   Morning session commences

12.30   Networking lunch

13.30   Afternoon session commences

16.30   End of workshop