Natural gas trade
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.