16. Pricing Indexation (HH, JKM, TTF, Brent).m4a
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LNG Trading Desk Master Program
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Program Brochure and Previews
etrm_lng-brochure.pdf
Module PDFs
Module 1 - Running an LNG Trading Desk (Chapters 1-12).pdf
Module 2 - LNG Market Structure That Actually Matters (Chapters 13-28).pdf
Module 3 - Senior LNG Trading Playbooks (Chapters 29-48).pdf
Module 4 - Valuation, Curves & Model Skepticism (Chapters 49-62).pdf
Module 5 - Risk, Credit & Survival (Chapters 63-78).pdf
Module 6 - Execution, Shipping & Operational Risk (Chapters 79-90).pdf
Module 7 - ETRM for LNG Trading Desks (Chapters 91-102).pdf
Module 8 - Regulation, Behavior & Accountability (Chapters 103-112).pdf
Module 9 - Desk Leadership & Legacy (Chapters 113-120).pdf
Module 00 - LNG From Zero (Chapters 0.1–0.14)
Module 00 - LNG From Zero.chapters.txt
Module 00 - LNG From Zero.mp4
0.1. Units, Conversions and the Four Ways to State a Cargo.m4a
0.2. Gross Heating Value and Why One Cargo Is Two Numbers.m4a
0.3. What a Liquefaction Plant Physically Is.m4a
0.4. What an LNG Carrier Physically Is.m4a
0.5. What a Regas Terminal Physically Is.m4a
0.6. Reading an SPA_ The Twelve Clauses That Carry Weight.m4a
0.7. FOB, DES, and Who Owns the Voyage.m4a
0.8. The Benchmarks_ Henry Hub, TTF, JKM and Brent.m4a
0.9. How an Oil-Indexed Price Is Built.m4a
0.10. Freight Arithmetic from First Principles.m4a
0.11. The Netback, Done by Hand, Both Directions.m4a
0.12. Futures, Swaps and What Clearing Does.m4a
0.13. Who Regulates What.m4a
0.14. The Desk_ Who Sits On It and What a Day Looks Like.m4a
Module 01 - Running an LNG Trading Desk (Chapters 01–12)
Module 01 - Running an LNG Trading Desk.chapters.txt
Module 01 - Running an LNG Trading Desk.mp4
1. What an LNG Desk Is Accountable For (P&L, Risk, Reputation).m4a
2. Physical vs Financial LNG Desks.m4a
3. Portfolio LNG vs Asset-Backed LNG Trading.m4a
4. Senior Trader vs Junior Trader Authority.m4a
5. Desk Mandates, Capital Allocation & Risk Budgets.m4a
6. When Not to Trade LNG.m4a
7. Spec vs Flow Control Points.m4a
8. How LNG Desks Actually Fail.m4a
9. Authority, Overrides & Escalation Rights.m4a
10. Senior View of LNG Desk P&L.m4a
11. ETRM as a Control System for LNG.m4a
12. Lessons from Failed LNG Desks.m4a
Module 02 - LNG Market Structure That Actually Matters (Chapters 13–28)
Module 02 - LNG Market Structure That Actually Matters.chapters.txt
Module 02 - LNG Market Structure That Actually Matters.mp4
13. Global LNG Value Chain (Liquefaction → Shipping → Regas).m4a
14. LNG Contract Types (SPA, FOB vs DES).m4a
15. Long-Term vs Spot LNG Reality.m4a
16. Pricing Indexation (HH, JKM, TTF, Brent).m4a
17. Destination Flexibility & Diversion Rights.m4a
18. Shipping Constraints & Fleet Availability.m4a
19. Canal Constraints (Panama, Suez).m4a
20. Liquefaction Outages & Plant Risk.m4a
21. Regas Capacity & Terminal Bottlenecks.m4a
22. Inventory-on-Water as Optionality.m4a
23. LNG Market Liquidity Illusions.m4a
24. Regulatory & Sanctions Risk.m4a
25. Seasonal LNG Demand (EU vs Asia).m4a
26. When LNG Curves Stop Working.m4a
27. Market Rule & Contract Changes.m4a
28. Case Study_ LNG Market Design Failure.m4a
Module 03 - Senior LNG Trading Playbooks (Chapters 29–48)
Module 03 - Senior LNG Trading Playbooks.mp4
Module 03 - Senior LNG Trading Playbooks.chapters.txt
29. Portfolio-First LNG Trading.m4a
30. Cargo Optimization & Optionality.m4a
31. Diversions_ When They Create vs Destroy Value.m4a
32. Cross-Basin Arbitrage Reality.m4a
33. Shipping Arbitrage vs Paper Arbitrage.m4a
34. LNG vs Pipeline Gas Substitution.m4a
35. Storage-on-Water Strategies.m4a
36. Weather-Driven LNG Trading.m4a
37. Event-Driven Trading (Outages, Wars, Sanctions).m4a
38. Liquidity-Aware Position Building.m4a
39. Scaling In vs All-In Cargo Positions.m4a
40. Knowing When You’re Wrong.m4a
41. Risk-Off Playbooks.m4a
42. Correlation Breakdown (LNG-Gas-Power).m4a
43. Trading Through Port & Terminal Failures.m4a
44. Netting vs Risk Masking.m4a
45. When Diversification Fails.m4a
46. Capital Allocation Mistakes.m4a
47. Senior Cargo Review & Post-Mortems.m4a
48. Case Study_ Desk That Made Money by Not Sailing.m4a
Module 04 - Valuation, Curves & Model Skepticism (Chapters 49–62)
Module 04 - Valuation, Curves & Model Skepticism.mp4
Module 04 - Valuation, Curves & Model Skepticism.chapters.txt
49. LNG Forward Curves - When They Lie.m4a
50. Index-Linkage Mispricing.m4a
51. Shipping & Boil-Off Modelling Errors.m4a
52. Liquefaction Tolling Valuation.m4a
53. Regas & Send-Out Optionality.m4a
54. Weather Models Traders Don’t Trust.m4a
55. Intraday Signals vs Noise.m4a
56. MTM as an Estimate, Not Truth.m4a
57. P&L Attribution on LNG Desks.m4a
58. Model Override Governance.m4a
59. Analytics Bias & Confirmation Risk.m4a
60. Stressing Models, Not Markets.m4a
61. Managing Analytics & Optimization Teams.m4a
62. Case Study_ Model-Driven LNG Loss.m4a
Module 05 - Risk, Credit & Survival (Chapters 63–78)
Module 05 - Risk, Credit & Survival.mp4
Module 05 - Risk, Credit & Survival.chapters.txt
63. Risk as Capital Preservation.m4a
64. Volume Risk from Plant & Shipping Variability.m4a
65. Basis Risk You Cannot Hedge.m4a
66. Liquidity Risk Under Stress.m4a
67. Credit as a Trading Constraint.m4a
68. Margin Calls During LNG Price Shocks.m4a
69. VaR - What It Misses in LNG.m4a
70. Stress Testing Extreme LNG Scenarios.m4a
71. Kill Switches & Trade Freezes.m4a
72. Who Pulls the Plug - And When.m4a
73. Risk Escalation Playbooks.m4a
74. Trading Under Regulatory Scrutiny.m4a
75. Lessons from Major LNG Dislocations.m4a
76. Europe Gas Crisis - LNG Desk Decisions.m4a
77. Asia Demand Shock - Cargo Repricing.m4a
78. Case Study_ Desk Survival Playbook.m4a
Module 06 - Execution, Shipping & Operational Risk (Chapters 79–90)
Module 06 - Execution, Shipping & Operational Risk.mp4
Module 06 - Execution, Shipping & Operational Risk.chapters.txt
79. Trade Intent vs Physical Reality.m4a
80. Chartering Strategy (Spot vs Term).m4a
81. Scheduling vs Trading Conflict.m4a
82. Boil-Off, Heel & Measurement Risk.m4a
83. Loading & Discharge Delays.m4a
84. Demurrage & Claims Management.m4a
85. Documentation & Settlement Failures.m4a
86. Intraday Adjustments Under Pressure.m4a
88. Manual Overrides & Audit Risk.m4a
87. Automation Failures.m4a
89. Follow-the-Sun LNG Desks.m4a
90. Operational Risk Case Study.m4a
Module 07 - ETRM for LNG Trading Desks (Chapters 91–102)
Module 07 - ETRM for LNG Trading Desks.mp4
Module 07 - ETRM for LNG Trading Desks.chapters.txt
91. ETRM as an LNG Risk System.m4a
92. Deal Capture for Cargoes & SPAs.m4a
93. Position & Exposure Views Traders Trust.m4a
94. Intraday Revaluation Reality.m4a
95. Shipping & Freight Modelling Gaps.m4a
96. Contract Optionality Limitations.m4a
97. Real-Time P&L - Myth vs Reality.m4a
98. Shadow Systems & Excel Dependency.m4a
99. Control vs Flexibility Trade-Off.m4a
100. Governance Failures in LNG ETRM.m4a
101. What an LNG Desk-Grade ETRM Looks Like.m4a
102. When Technology Becomes the Risk.m4a
Module 08 - Regulation, Behavior & Accountability (Chapters 103–112)
Module 08 - Regulation, Behavior & Accountability.mp4
Module 08 - Regulation, Behavior & Accountability.chapters.txt
103. Sanctions, Export Controls & LNG.m4a
104. Inside Information (Outages, Maintenance).m4a
105. Market Abuse & Manipulation Risk.m4a
106. Brokered & Voice Market Risk.m4a
107. Behavioral Risk & Overconfidence.m4a
108. Fatigue, Shift Trading & Errors.m4a
109. Culture_ Fear vs Discipline.m4a
110. Crisis Leadership on LNG Desks.m4a
111. Compliance Failure Case Study.m4a
112. Regulatory Fallout.m4a
Module 09 - Desk Leadership & Legacy (Chapters 113–120)
Module 09 - Desk Leadership & Legacy.mp4
Module 09 - Desk Leadership & Legacy.chapters.txt
113. Designing a Resilient LNG Desk.m4a
114. Capital Allocation Across Traders.m4a
115. Hiring & Firing Decisions.m4a
116. Compensation & Risk Incentives.m4a
117. Succession Planning.m4a
118. Desk Metrics That Matter.m4a
119. Avoiding Complacency.m4a
120. Lessons from Long-Lived LNG Desks.m4a