Course objectives: Understanding the lectures, exercises, and knowledge from mandatory literature according to subject units, application of the acquired knowledge to problem solving in the area of natural gas trading.

Course content:

• Introduction to natural gas trading;
• European natural gas markets;
• Natural gas trade platforms;
• Capacity reservation platforms;
• Platforms for examination of natural gas storage status in EU;
• ENTSOG Transparency platform;
• AGSI+ platform;
• Reservation of transport capacity;
• Reservation of storage capacity;
• Natural gas purchase on European markets;
• Natural gas transport via interconnections;
• Optimization of transport cost and storage for a temperature-dependent consumer;
• Storage and withdrawal of natural gas;
• Portfolio management – nominations and daily deviation;
• Balancing the transport system;
• End consumer natural gas price calculation;
• Virtual trading point trade in Croatia;
• LNG trade.

Learning outcomes at the level of the course:

• Explain the relations between supply and demand on regional natural gas markets;
• Compare the price of natural gas on European markets;
• Compare the characteristics of each natural gas trading platform;
• Suggest a natural gas supply route;
• Suggest the selection of storage and dynamics of natural gas storage;
• Calculate the overall costs of natural gas supply;
• Compare the costs of natural gas transport via different routes;
• Compare the costs of natural gas storage in different storage types;
• Estimate the optimal moment for natural gas trading;
• Create a plan for natural gas trading for a longer period.