An overview of natural gas industry:
After a brief introduction to risk management, you might still be confused. Don’t worry; in the following time, I will elaborate on that by going through a real case with you which I encountered and completed during internship.
First, I will provide you with background information on natural gas industry in south California. This graph illustrates major players of the natural gas supply chain. Starting from right hand side, natural gas is produced in hundreds of cubic from deep beneath the earth surface. Producers are scattered over the world and what connect them with local distribution companies are marketers, who in this case, sell natural gas to Socalgas. (You may be wondering: Isn't Pipeline Company and distribution company the same thing? Well, yes they were when pipeline company were acting as both as a transporter and seller of natural gas. However, the energy agent has designated that pipeline companies can serve only as......

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Title: Socalgas
Approximate Word Count: 685
Approximate Pages: 3 (250 words per double-spaced page)

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