TRADING – INTRODUCTION
Trading in any form is a complex activity with many real world considerations. The same applies to Natural Gas Trading as well. It involves knowledge, skill and a certain acumen that comes with experience. The intention of this course is to provide a a sound understanding of the fundamental of Natural Gas Trading.
In this course, we will talk about the activities that are undertaken in an organization that trades in Natural Gas. The activities can be categorized into:
Front Office activities
Operations activities
Middle Office activities, and
Back Office activities.
We will also talk about the prerequisites that have to be in place before an organization starts trading. These are:
Information about the Companies
Master Agreements
Pipelines
Prices, and
Accounting information.