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QUORUM PRODUCTS
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Quorum LNG Transaction Management

Product Overview

  • Quorum LNG Transaction Management (QLNG) is a comprehensive software solution designed to allow partners in LNG terminal facility operations to efficiently manage transactions with customers on their system, including contracts, vessel scheduling, redelivery nominations, scheduling, inventory accounts, and backoffice accounting.
 
   

Specific Benefits

  • Enables multiple gas operators & shippers to work within a single environment
  • Improves customer (shipper) satisfaction
  • Enables faster decision making - quicker cylce times
  • Empowers user to make business optimization decisions
  • Approaches LNG terminaling from an innovative open access perspective
  • Manages terminal & customer transactions efficiently
  • Supports changing business environments through system configurability
  • Allows staff to focus on analytical and decision-making activities
  • Reduces overall cost of ownership - resulting in better return on investment

Key Functionality

  • Provides both internal & external users the ability to view & modify existing existing scheduled cargo records
  • Supports the submission of all the defined types of redelivery nominations, including: Firm, Make-up & Excess services
  • Prioritizes redelivery nominations when capacity is constrained
  • Allows users to run one or more scheduling scenarios within a given gas day & cycle to view different results
  • Distributes measured quantities from the redelivery locations to the redelivery nominations
  • Manages all reference data that is used within the system, including: Contract, Locations, Terminal Administration information, Pipeline Cycles, Definitions of Facilities, TSP Configuration Settings & Units of Measure

 

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