RedVector RVI-10969

Liquefied Natural Gas (LNG): Global LNG Supply

Liquefied Natural Gas (LNG): Global LNG Supply

1 hr. Online Course

Level: Intermediate

Item#: RVI-10969

SME: Susan Sakmar

Although worldwide natural gas resources are sufficient to meet projected increases in demand, almost half of the world’s proved natural gas reserves are found in just three countries: Russia, Iran and Qatar. With the world’s largest proved natural gas reserves, the Middle East and Africa are expected to account for 72 percent of the increase in natural gas exports by 2030, mainly to supply Europe and North America, although Australia is also emerging as a key LNG exporter and also potentially the US and Canada.
Understanding where new LNG supply will come from is one of the critical aspects of understanding the dynamics of the global LNG industry. This interactive online course provides a description and overview of key LNG supply projects around the world, discusses the impact these projects will have on the LNG global market, and identifies some of the challenges that may be faced by new projects.
Course Objectives
By the end of this course, you will be able to:
  • Discuss the first wave of LNG supply that hit the market between 2009-2011
  • Discuss the second wave of LNG projects and the projected production capacity that will result from these projects
  • Identify challenges for new projects, including cost, environmental issues, and timing of project development
  • Identify key suppliers in the LNG global market
SUBJECT MATTER EXPERT: Susan Sakmar
Susan Sakmar Photo
Susan L. Sakmar is licensed to practice law in California and has over 20 years experience working in a variety of legal, corporate, nonprofit, and academic environments. She began her professional career as an accountant for Chevron Corporation in San Francisco, California and left Chevron to pursue a law career. Prior to teaching, she was an attorney in the commercial litigation department of a major San Francisco firm where she represented clients in a variety of complex litigation cases. She has also served on a number of nonprofit environmental boards including Board Chair for the Jane Goodall Institute, founded by world-renowned chimpanzee expert Dr. Jane Goodall.
 
She is currently a Visiting Assistant Professor at the University of Houston Law Center where she teaches a course on Shale Gas & LNG. She also consults on various aspects of global gas markets and is working on a number of training projects related to LNG as well as several projects focused on the environmental and regulatory issues for global shale gas development. She holds an LL.M. from Georgetown University Law Center, Washington, DC, a J.D., cum laude, from the University of San Francisco School of Law, San Francisco, CA., and a business degree (B.Sc.) from the University of Colorado, Boulder, CO.
 
Her recent book, Energy for the 21st Century: Opportunities and Challenges for Liquefied Natural Gas (LNG), was chosen as an Outstanding Academic Title for 2014 by Choice Magazine, a widely read publication by academic librarians. The book provides a comprehensive overview of the entire LNG value chain and analyzes the critical role LNG will play in the 21st century as the "glue" linking global gas markets.
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