International Gas Business Workshop

This program is designed for individuals who wish to obtain a comprehensive understanding of today’s international gas business. This intensive five-day program covers the complete gas and gas liquids value chain – upstream, midstream and downstream – including the technical, economic, commercial, regulatory and market fundamentals that drive the industry today. The instructional format consists of a careful balance of lectures by experienced faculty and a proprietary “business game” that allows participants, working in teams, to internalize the learning.

This intensive program has a balanced lecture and integrated gas business “game” format that continues to receive “rave” reviews from participants as an excellent way to maximize the learning and “have fun.”

Additional information

Program Type



March 21 – 25, 2022, November 14 – 18, 2022



Who Should Attend

This program will benefit management, administration, government, operational and technical personnel who wish to broaden their knowledge of the international gas business and “best practices” of the natural gas business, especially the commercialization of gas projects.

Lecture Sessions

  • The International Gas Market Structures
  • Host Government Agreements
  • Exploration Methods
  • Drilling and Well Completions
  • Cost of Gas Supply and Energy Project Economics
  • Estimating Resources and Reserves
  • Unconventional Gas Resources
  • Surface and Gas Processing Facilities and the Markets for Gas Liquids
  • Load Balancing and Underground Gas Storage Facilities
  • Gas Pipeline Systems
  • Gas-Fired Power Plants
  • Gas Distribution
  • Ammonia, Methanol and GTL Monetization Opportunities for Gas
  • LNG Project Fundamentals and Transportation
  • Gas Field Design and Development
  • Measuring Company Financial Performance
  • Industry Regulation, Deregulation and Convergence
  • Project Financing: Commercial Debt Structuring
  • Gas Trading and Risk Management

International Gas Business Simulation Game: Cosmos

The unique IHRDC gas business workshop is an integral part of the learning process as it allows participants to share their insights and internalize the fundamentals of the gas value chain in a practical, challenging, and fun way. During the business game, teams will explore and develop promising exploration blocks located within the sovereign boundaries of the Republic of Cosmos, a fictitious island off the east coast of Africa. Teams will enter into an exploration agreement and follow a path from exploration and resource estimation to international market assessment, field, midstream, and market infrastructure development. In essence, you will manage this opportunity from inception through 20 years of simulated performance. Team performance is measured on a financial basis and is catalyzed by healthy competition to win the team prize.

Map of the imaginary Republic of Cosmos used in IHRDC Learning Simulation Games