Natural Gas Physical and Financial Markets 2023 | EUCI | 17 October 2023 | Online

This in-depth one-day course will present an overview of physical and financial natural gas markets with the goal of empowering attendees to immediately apply the information learned here in their jobs.

Through a mixture of lecture and hands-on activities attendees will gain insight into:

• Natural gas market basics, including terminology, concepts, and the mechanics of physical natural gas trading
• The role of NYMEX Natural Gas Futures Contract in determining the value of physical natural gas
• Gas indices
• Fixed price
• Physical basis deals
• Major trends on how sellers and purchasers price physical natural gas
• Where to find price information, what affects prices, and the role of the natural gas index publishers
• The role of FERC, the Commodity Futures Trading Commission (CFTC), states, and other participants in regulating natural gas markets
• The importance of liquidity in physical natural gas markets and review considerations used to determine whether or not to hedge

Learning Outcomes

• Discuss an overview of physical and financial natural gas markets and their key differences
• Explain the role of NYMEX Natural Gas Future Contract in determining the value of physical natural gas
• Review natural gas market basics (terms, concepts, mechanics of physical natural gas trading)
• Express where physical natural gas can be bought and sold
• Discuss gas indices, fixed price, and physical basis deals
• Review major trends on how sellers and purchasers price physical natural gas
• Describe where to find price information and what affects prices
• Explain the role of the natural gas index publishers
• Assess the importance of liquidity in physical natural gas markets
• List the major players of physical natural gas markets
• Review considerations used to determine whether or not to hedge
• Describe the role of FERC, the Commodity Futures Trading Commission (CFTC), states, and other participants in regulating natural gas markets
• Discuss where natural gas markets are headed

Who Should Attend

Individuals working in the following areas will benefit from attending this event:

• New job entrants
• Mid-level positions
• Anyone who requires analysis of market and trade situations, including those with roles and functions in:
• Trading
• Market analysis
• Infrastructure operators
Government and agencies
• Upstream production
• Commercial strategy and procurement
• Anyone needing a refresher course to the industry

2023 Speakers

INSTRUCTOR:

Tom Russo
President, Russo on Energy, LLC