How This Seminar Works
	1. This live seminar consists of two 90-minute, high quality conference calls combined with your choice of printed or Internet-posted slides. 2. The day before the seminar, you will be emailed a toll-free telephone number to access the audio portion of the live seminar session. The seminar's slides will be attached to the email as a PDF file, and a Website link will be provided so you can view the slides on the Internet if you prefer. Phone calls originating from outside of the USA and Canada will be a toll call billed to you by your telephone service provider. 3. A few minutes before the seminar is to begin, you will call the toll-free phone number to access the audio portion of the seminar. You can follow the visual portion of the presentation by using the printed PDF files or by viewing the Internet-posted slides on your computer screen. 4. A professional moderator will manage the seminar teleconference and there will be ample opportunity to ask questions. All participants will hear both the question and the instructor's response. After the seminar is over, further questions can be directed to the instructor via email.

Historic changes in the U.S. natural gas industry continue to create both significant opportunities and major risks for a wide variety of industry players. Get the knowledge you need to be one of the winners.

This seminar is a fast way to bring you up-to-speed on the business fundamentals of this key industry. You will receive an in-depth introduction to how the commercial natural gas markets operate; learn who the commercial players are, and how they interface in the marketplace; understand how wholesale and retail transactions are executed; learn the essentials of transmission, scheduling, imbalance management and how the interstate pipeline capacity markets work; and gain a better understanding of the important factors that can impact prices and risks in today’s dynamic natural gas marketplace. Click Here to Register

What You will Learn (Session #1 from 1:00 pm to 2:30 pm)

	How the natural gas industry has been transformed since the Enron meltdown and why doing business is a lot different.
	Who the key commercial value chain participants are and how they manage their respective segments.
	Front, Middle and Back Office roles, responsibilities and duties.
	Marketing operations - how marketers put together and process deals.
	How wholesale gas trading is done at physical market centers versus electronic exchanges and their inter-dependencies.

	How to assess transportation services and options and understand the wide range of transportation services and agreements.

What You will Learn (Session #2 from 3:00 pm to 4:30 pm)   The fundamentals of gas transportation, pooling, nominations, confirmations, scheduling, receipt and delivery point priorities and balancing through the delivery chain.       What the secondary release capacity market is and how operates.       OBAs, OFOs, etc., allocations, penalties, interruptions and curtailments.       The essentials of “locational” basis differentials and the changing dynamics of transportation capacity markets.     The essentials of natural gas commodity, transportation rates and capacity pricing concepts and price drivers.     Factors impacting price volatility, commodity price components, hedging tools commonly used and an overview of risk management concepts.

Your Instructor

Greg Peters has over 20 years of energy industry consulting and management experience and is an expert in energy products and services, marketing, and supply planning, procurement and energy management. Mr. Peters' consulting experience includes several years as Manager of Price Waterhouse's National Public Utilities Consulting Services and currently as President, Envision Energy Solutions Company. Envision provides gas, electric and fuel management consulting services to utilities, power producers, IT companies and a wide range of, industrial, commercial and municipal end-users. Previously, Mr. Peters has had "hands-on" and managerial responsibilities in gas supply planning, procurement, fuel management, corporate planning and rates responsibilities for Columbia Energy Services Corporation, Equitable Gas Company, and The Peoples Natural Gas Company.

Who Should Attend this Seminar

This seminar will benefit a wide variety of organizations and professionals in both the natural gas and electric power industries. Energy producers, utilities, energy marketers, industrial companies, electric generators, and liquids processors will gain valuable insights, as will energy and electric power executives, traders, marketers, (sales, purchasing & risk management professionals), accountants, trading support staff, auditors, attorneys, government regulators, rate specialists, plant operators, engineers and corporate planners. Anyone who wants a solid understanding of how the commercial transactions aspects of the U.S. natural gas work will benefit them.

Why Attend?

PGS Energy Training's CPE approved seminars are known for their in-depth coverage and easy-to-follow presentation style. Additionally, these seminars could save you both time and money since you will be able to participate at a location convenient to you.

Why Choose PGS?

PGS seminars are known for their clear explanations and in-depth content. Register for a PGS program today, and team up with the leader in electric power and energy education. Join over 10,000 energy and financial professionals who have already attended one or more of PGS's proven courses. View Past Seminar Attendees

Prerequisites

This fundamental level group live seminar has no prerequisites. No advance preparation is required before the seminar. However, this seminar is Part II of a two-part series. The Phone and Web seminar, "Fundamentals of U.S. Natural Gas Systems", is recommended as a prerequisite course.

Registration Fee