The Oxford Princeton Programme’s New Course Reveals Crucial Factors to Successful Pipeline Projects
Princeton, NJ (PRWEB) December 1, 2004 -- The Oxford Princeton Programme Inc,
the world’s leading provider of training solutions to the energy, commodity and
derivative industries, brings together essential engineering and economic
factors for successful pipeline projects and provides an in-depth analysis of a
pipeline’s cost structure and its interrelations between all factors in its
newest course, Gas Pipeline Economics and Engineering – Crucial Factors to
Successful Pipeline Projects.
“Pipelines form the main link in a gas
chain and their economics are crucial to the viability of gas development
projects,” explains Andy Bowler, course director and director of SALGAS, a
gas-engineering consultancy.
“In recent years, gas pipeline projects
propose to link gas to consuming areas up to 4000 km away. Major projects
include Siberia to Japan, Bolivia to Brazil and the Dolphin Project in the
Middle East. Also, in many countries, where pipelines already exist, there are
pressures for pipelines to be reopened to allow access by third parties. Because
of these debated issues, the industry is scrutinized evermore closely making an
understanding of pipeline economics essential both for the success of new
projects and the effective operation and management of existing
pipelines.”
Addressing the above issues, this course explains these
controversial questions:
· What are the motives behind
these proposals and what factors determine the success or failure of such
schemes?
· What are the economic motives for such
pressures and how do these compare with the conventional project economics
approach?
· What are the economics of building new
pipelines to operate under an open access regime?
Andy L Bowler, BSc,
MSc, CEng, FIGasE, MInstPet, is a director of SALGAS, a gas-engineering
consultancy. He formerly was director of the Centre for Natural Gas Engineering
at Salford University; prior to joining the University of Salford he was an
operations engineer in the pipelines department of British Gas.
Les
Priestley, co-director of Gas Pipeline Economics and Engineering – Crucial
Factors to Successful Pipeline Projects and director of Springtide Management
Consultants Ltd, carries out international training and consultancy on
commercializing and developing gas field discoveries. Before that he was
managing director of the consultancy and technology transfer companies of Essex
University. His 25 years experience with KUFPEC, Total and BP included
assignments and projects in many countries around the world. He has held senior
management posts in engineering, project management, contract negotiation,
market development, project economics and planning.
About The Oxford
Princeton Programme, Inc
The Oxford Princeton Programme, Inc. is the world’s
leading provider of training solutions to the energy, commodity and derivatives
industries. In addition to PrincetonLive.com, which offers more than 20 energy
and commodity web-based training modules, The Oxford Princeton Programme
provides more than 70 instructor-led training courses. Designed for all levels
of expertise, courses include views of oil, power, liquefied natural gas and a
variety of other energy, commodity and derivatives topics. For a complete list
of courses and for other information, visit http://www.oxfordprinceton.com.
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Source : http://www.prweb.com/releases/2004/12/prweb183719.htm