CRAFTING AND IMPLEMENTING EFFECTIVE ENERGY POLICY IN A DEVELOPING ECONOMY.
COURSE OVERVIEW & LEARNING OUTCOMES
Most hydrocarbon resource rich countries, depend on revenue from oil and gas to finance their budgets and fund the myriad of social and developmental programs for their citizens. Over time these countries began to face an unnerving dilemma in balancing the expectations of their people versus running sustainable economies. Social upheavals triggered by attempts to align socio-economic policies with the realities of a temperamental oil and gas market has led to push backs. On the other the globalized nature and the capital intensity of O&G development demands that resource owners balance policies aimed at extracting the maximum take for their countries without jeopardizing the return to investors.
This training workshop helps officials responsible for the formulation and implementation of energy policies appreciate the contending variables inherent in successfully developing the resources of their country. It provides an understanding of the elements and framework required to effectively formulate policies and regulate hydrocarbon exploration, development and production activities. Particular attention is paid to gas resources because it has the potential for the greatest multiplier positive impacts on the economies of developing nations.
TARGET PARTICIPANTS
Policy Formulators in government ministries and departments
Oil and Gas regulators
Commercial Analysts
Managers
Gas Development Engineers
Economists
Petroleum Resources Regulators
\Directors and Energy Policy Administrators
EXAMPLE MODULES
- World Energy Trends and Global Demand and Supply Outlook
- Global Gas Fields and Gas Resources Landscape
- Country Specific Analysis
- Macroeconomics and Energy Outlook
- Energy Demand and Supply Outlook
- Flared Gas Commercialization
- Monetization Options and Success Criteria
- Gas to Power
- Gas to Fuel
- Gas to Fertilizer and Petrochemicals
- Special Gas Case: Liquefied Petroleum Gas – LPG
- Overview of the LPG Business
- LPG Markets (Domestic)
- LPG Pricing
- Challenges to LPG commercialization in the domestic market
- Policy Formulation to Enhance Domestic LPG Uptake and Development
- Integrated Power Solutions
- Natural Gas Policy Formulation
- Resource Potential Analysis
- Strategies
- Achieving Momentum and Catalyzation Impact
- Diversification and Flexibility
- Demand - Supply Dynamics
- Economics and Cost of Supply
- Gas Policy and Regulatory Framework.
- Gas Policy as Enabler to Gas Development
- Target Outcomes for Effective Gas Policy
- Features of an Effective and Regulatory Framework
- Elements of a Gas Master Plan
- Domestic Supply Obligation and Policy Aspiration
- Legislation and Fiscal Regime through the Life-Cycle of Hydrocarbon Resources
- Key Elements of a Fiscal Regime
- Principles for Developing Country Hydrocarbon Policies
- “Non-Discriminatory” Framework in the Context of a Developing Economy?
- Governance and Institutional Framework Requirement for Effective Hydrocarbon Policy
- Stakeholder Management
- Strategic Government Participation as a Policy
- Energy Security and Social Harmony Considerations in Crafting Energy Policies
- Building Environment and Social Sustainability into Energy Policy
- Roles of the Regulator
- Transparency and Openness in Policy Implementation
- Technology Transfer
- Case Study – Political- Economy of Energy Pricing: Dilemma of Hydrocarbon Resource Rich Countries
DURATION
5 Days
LOCATIONS:
Houston, London, Dubai, Ghana, Kigali, Local