Natural Gas Liquids (NGL) Marketing - Software Solution

Software to manage commercial natural gas liquids (NGL) marketing activities, including supply, storage, marketing, risk management and terminal services

• Physical natural gas liquids (NGL) marketing to support all types of purchase / sale at any point and transportation and / or storage from point of supply to market
• Tracks and manages financial transactions while providing real-time position management and analysis for traders, schedulers and credit / risk managers
• Manages full range of natural gas liquids (NGL) products (ethane, butane, isobutane, propane, natural gasoline, etc.) marketed to petrochemical companies, refiners and other gas liquids customers

Quorum Natural Gas Liquids (NGL) Marketing

Input Data Movement information from truck racks Price indexes

Information Managed Counterparties Contracts (supply, sale, transportation, storage) Location, meter, point, etc. Pipeline rates Product movement orders Ticketing Tank strapping Imbalance & inventory accounts Credit limits   Processes Tank inventory Position (by pipeine / point) Contract administration Scheduling Imbalance management Settlement, invoice, pay statement, cash-out, PPAs Hedging Supply forecasting Payable matching Deliverables Invoice to customers Contract summaries Ticklers Event notifications Renewal alerts Other transaction alerts Alerts & notifications Pre-configured reports

Output Data Product movement orders to truck racks Ad-hoc inquiries Journal entries (GL) Other ERP system integration

Why Quorum Natural Gas Liquids (NGL) Marketing? 
 

• Integrated system manages contracts, trades, settlements, credit and risk management, and accounting for natural gas liquids (NGL) marketing
• Financial hedging and mark to market supported - interface into specialized financial management systems can be arranged to support management of sophisticated financial and derivative trading
• Support for all contract types
• Accommodates all pricing mechanisms
• 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
• Support for integration into other relevant 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 Natural Gas Liquids (NGL) Marketing 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. 

Natural gas liquids (NGL) marketing is a key function of the Marketing Management 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 Natural Gas Liquids (NGL) Marketing software solution.