Mastering the process from concept to realisation. The course aims to be intellectually stimulating and requires all participants to contribute. The programme is structured to include all of the steps of an actual major gas project development cycle. Main headlines include the key elements of a business case focusing on fundamental project feasibility and sustainability and the practical processes of converting concepts and aspirations into an operational multi-billion dollar gas project.

1. SpeciFic progr amme
Large gaS projectS courSe
Mastering the process from
concept to realisation
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2. SpeciFic progr amme
Large gaS projectS courSe
The global outlook for natural gas in the coming decades implies a substantial growth driven by economic and
environmental considerations. To deliver the gas will require massive investments in gas pipeline or liquefied natural gas
(LNG) projects. Such projects combine large upfront investments with long pay-back periods. And, often, they cover long
distances and cross many national borders.
Such investments require analysis of key business concepts of risk and finance are taught • A n understanding of the key success factors,
long-term business drivers, including the and their relevance in the gas business explored. the risks and the causes of failure and delay.
outlook for supply chains and markets, given the increasingly competitive nature of
delivery of alternatives and economic feasibility. the global gas markets, proper decision-making although the focus of the Lgpc is on large,
each investment decision has a great many as- for large projects will be more than ever a key international projects, many elements of
pects, including the interface with governments, factor. this course are also perfectly applicable to
joint venture partners and other stakeholders, smaller-scale projects.
practical alliance and partnership consider- More specifically...
ations, and the structuring of the project. upon completion of the course the participant Your profile
a broad range of risks also need to be identified will have insight into: You are a high potential professional who
and managed, from typical project and business • The identification of the key economic and operates in the gas industry or a related area
uncertainties to geopolitical threats. (geo)political drivers that define a project’s and deals with large-scale projects. You have
business case and comparison with alternative 5-10 years of relevant experience in one or more
For the most part, major gas projects are projects. areas of project management and organisation
conceived as standalone corporate vehicles to • The structures and strategies for meeting the or financing. also, you have a working knowl-
build, own, finance and operate. they will enter corporate objectives of each of the parties T edge(0)the 524 industry, financial principles and
+31 of 50 gas 83 00
into a complex legal framework of commercial involved. F how (0)apply such 01
+31 to 50 524 83 principles. You also have a
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contracts and concessions. consequently many • The project set-up including the role and good command of the english language.
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competencies are required to manage the position of each individual player, the legal and
interests of all parties involved in the context regulatory framework, the geopolitical context, The programme structure
of their differing objectives. the standalone the business and economic situation, and so the course aims to be intellectually stimulating
nature of most projects also implies that forth. and requires all participants to contribute.
external financing must be raised in the • The assessment of the project’s economic the programme is structured to include all of
financial and capital markets. the financial feasibility, including evaluation of the life cycle the steps of an actual major gas project develop-
interests of lenders must be balanced with the costs and the commercial performance. ment cycle. main headlines include the key
objectives of financial and strategic investors. • A n appraisal of inherent project uncertainties elements of a business case focusing on
and ways to manage or hedge the main risks. fundamental project feasibility and sustain-
Why the Large Gas Projects • A n assessment of the ability to raise project ability and the practical processes of converting
Course? finance in the international capital markets concepts and aspirations into an operational
the one-week Large gas projects course from banks, development agencies and multi-billion dollar gas project. Key topics are:
(Lgpc) has been designed especially for senior financial investors such as private equity funds. • Project Development
managers and professionals who are involved in • The importance of adequate project manage- • Project Identification
major gas infrastructure projects and who are ment, the different steps in the development • Framework of Concessions and
looking for in-depth insight into the processes of a project and the interaction between the Legal agreements
involved, from identification to execution. relevant disciplines required to control and • Economic and Financial Dimensions of
the course fuses academic thinking with monitor the various stages of a project. investments
substantial practical experience. as such, it • The interdependency and interaction between • Financing Large Projects
offers both the theoretical framework and the stakeholders and external parties of influence • Market Entry Strategies and Competitive
pragmatic skill sets required for deciding on that may have a critical impact on successful positioning
major investments from strategic, economic, project finalisation and operation. • Project Execution and Management
and financial points of view. Fundamental

3. Sharing the Energy of Knowledge.
“...complete coverage
of issues of successful
development of major
gas projects...”
Gordon Summers and Jan Prins,
key lecturers
the Lgpc consists of three elements:
• Interactive lectures by experts, discussions,
Your role
to stimulate your learning process, you will be
the programme
small exercises and the introduction of asked to play an active role during the course. in more detail
models and tools. You will be working on a comprehensive case
• A case study, worked out by groups of three study based on a real-life cross-border gas 1. Prologue: Introducing Large Gas
to six participants. each group may pipeline project. it will be used to demonstrate Projects worldwide | The main
eventually propose a different solution to and stimulate a discussion on the key themes of characteristics of major gas projects are
the same problem, which will trigger new the lectures and offer material to test relevant identified as well as the dynamic trends
discussions and personal opinions. economic models and tools. that will challenge future large-scale
• Plenary feedback. international development.
Certification 2. Project Development | The elements of
The educational partners upon successful completion of the course the a project business case are investigated
Key lecturers of this programme are mr gordon participant will receive a certificate on behalf of in terms of ‘project as a process’.
Summers, former Vice-president middle east/ the university of groningen. This session is used to create a road map
gulf region at Shell gas & power, and for the content of the course.
mr jan prins, former Head of global energy & Location 3. Project Identification | Further insight
project Finance at aBN amro. to guarantee the course will take place in a central location into corporate strategic motivations
both high quality and a varied programme they in the Netherlands. please check our website behind major gas project investments
are supported by a carefully selected group of www.energydelta.org for specific details. and how they cascade down to specific
leading experts from the gas industry. project selection and objectives.
4. Framework of Concessions and Legal
Agreements | Identification and further
exploration of the legal ‘cement’ that
binds the crucial elements of a major
project together.
5. Economic and Financial Dimensions
of Investments | Explanation of the
“Why managers should take this particular course? Well, we believe EDI key concepts of economic and financial
is the only institute in Europe that provides a programme that offers such feasibility of project investments.
a complete coverage of all issues that surround the successful development 6. Financing Large Projects | Exploring
of major gas projects. The course gives the participants a bird’s eye view aspects of project finance including
of the things that can go wrong and should go right in such multi-billion assessment of debt service capacity,
dollar undertakings. Basically, the course is aimed at avoiding delays in sources of finance, and strategies to
development and financing, cost overruns and shortfalls in operational mitigate the main credit risks.
performance – all at a time when gas projects are becoming increasingly more complex, not just 7. Market Entry Strategies and
financially, but also legally, technically and, of course, geopolitically. This course gives participants a Competitive Positioning | Examining
comprehensive insight into what the issues and risks are that they may encounter and how they can the decisions needed in gas marketing.
approach them. And all this in a relatively short period of time – just one, intensive, week.” 8. Project Execution and Management |
Looking at the key project planning
Gordon Summers, key lecturer Large Gas Projects Course process and principles.
Jan Prins, key lecturer Large Gas Projects Course

4. Sharing the Energy of Knowledge.
About Energy Delta Institute
Energy Delta Institute (EDI) is an international energy business school, with a primary focus on natural gas. EDI was founded
in 2003 by N.V. Nederlandse gasunie, gasterra B.V., oao gazprom and the university of groningen. The energy community
has come to appreciate EDI both as a platform of knowledge exchange between partners and participants alike. The changing
energy world is forcing energy companies to innovate in order to stay competitive. in addition, the energy sector is confronting
the possibility of a growing shortage of qualified personnel in the coming decades. The sector has only one choice: to invest in
knowledge. T +31 (0) 50 524 83 00
F +31 (0) 50 524 83 01
EDI’s main objective is to contribute to the professional development of current and future energy managers. EDI coordinates
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research projects and organises training programmes with a focus on the economic, management, legal and geopolitical aspects
of the energy business. I www.energydelta.org