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This course acts as an introduction to global natural gas markets, with a focus on the methods energy companies, consulting firms, financial institutions, and governments use to analyze and forecast energy prices and fundamentals. The course covers four themes: (a) global natural gas and LNG market fundamentals (key producers, consumers, trade flows and market pricing) (b) methods for forecasting gas supply and demand; (c) geopolitical drivers and trade flows and (d) commercial strategies of international oil companies, national oil companies, and utilities. The primary project for this class is building an excel-based, bottom-up country level gas balance. Accordingly, while there are no prerequisites for this course, students will find the course easier if they have a background in economics (micro, macro) and if they can use data-processing software (e.g. Microsoft Excel). A paper and a presentation will accompany the model.