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http://www.qbsol.com/software/LNG-management-software/

Quorum LNG Management™ - Software Solution

Software for Liquefied Natural Gas (LNG) receiving terminal facility operators to manage a wide range of LNG transactions 

Quorum Liquefied Natural Gas (LNG) Management™ allows liquefied natural gas receiving terminal operators to effectively manage the wide range of transactions at their facilities.
 
  • Manages contracting, shipping and receiving, distribution and invoicing
  • Supports market trend towards selling terminal capacity to customers by including web-based tools for customers to interact directly with the terminal operator
  • Intuitive tools for scheduling and tracking cargoes
  • Manage customer and operator inventory in the LNG terminal
 

Quorum LNG Management

        
       
 

Input Data

  • Counterparties
  • Meters / locations
  • Measurement
  • Cargo characteristics
 

Information Managed

  • Contract terms (locations, quantities, agents, settlement provisions)
  • Terminal facilities, berths & downstream facilities
  • Rates & pricing
  • Redelivery nominations
  • Customer terminal accounts
  • Physical facility inventory accounts
  • Prior period adjustments
  • Cargo requests
  

Processes

  • Vessel scheduling & tracking
  • Contract request / approval
  • Redelivery nomination validation & submission
  • Allocations & inventory management
  • LNG transfers
  • Invoice generation
  • Prior period tracking & approval

Deliverables

  • Scheduled quantities to shippers & operators
  • Invoice to shipper
  • Alerts & notifications
  • Standard reports
  • Regulatory reports 
 

Output Data

  • Informational posting to website
  • EDI datasets to shippers & operators
  • Journal entries to ERP system
  • Ad-hoc inquiries
   
 
 
 
Customer Activity Website 
FERC / NAESB compliant web-enabled solution for shippers and point operators to interact directly with the pipeline.
Provides the same functionality and reporting tools used by internal users, with built-in security to allow external users
to manage their own business.
     

Why Quorum Liquefied Natural Gas (LNG) Management?  

  • Only commercially available transaction management system for LNG facility operators - specifically designed for unique LNG facility operations
  • Manage all portions of overall regasification value chain, including redelivery to downstream pipelines
  • LNG terminaling from a unique open access perspective
  • Accommodate business of multiple partners operating at the same facility
  • Sophisticated Customer Activities Website (CAW) to allow shippers to submit LNG cargo requests and interact directly with the terminal
  • Configurable to support all contract / rate types
  • Date sensitive master data allows facility operators to manage scheduling and accounting activities in parallel
  • Developed specifically for LNG facility management by leveraging proven capabilities of Quorum Pipeline Transaction Management
  • Integrity of design ensures control compliance and support for audit
  • Support for variety of pre-configured and ad-hoc reports, as well as business intelligence (BI)
  • Support for integration into other relevant enterprise systems including Quorum General Ledger (GL)
  • A component of Quorum's enterprise-wide energy software solution portfolio - can be deployed stand-alone or integrated with other enterprise solutions

Quorum LNG Management is used by various oil and gas industry participants (large and small) in several sectors across the oil and gas, renewable energy and natural resource value chain.
 
LNG management is a key function of the Transaction Systems business process. Quorum provides other software solutions to support this and other related business processes.

Contact Quorum Business Solutions to learn more about the Quorum LNG Management software solution.