COMMODITY TRADING RISK MANAGEMENT (CTRM) FOR LIQUEFIED NATURAL GAS (LNG)
Glen Ragland and Karen Goode
Published: 20 May 2020
The Liquefied Natural Gas (LNG) supply chain involves pipeline, gas storage, liquefaction facilities, LNG storage, transportation and logistics\shipping, regasification, backed by suppliers, owners, producers, operators, investors, and purchasers. All of which require an array of software systems to ensure efficient, safe, and profitable operations.
A critical component of this software portfolio is the Commodity Trading and Risk Management (CTRM) system that can capture, manage, and value the commodity-related revenues, costs and financial risks of producing LNG.